Data for informed decision-making
3CO02 – Principles of analytics
This CIPD Level 3 learning video on "Data for informed decision-making" addresses assessment criteria 1.2 from unit 3CO02 – Principles of analytics, exploring why organisations must leverage data to identify problems accurately and support evidence-based decision-making. The video examines how data influences organisational culture, performance and stakeholder perceptions, demonstrating the critical link between analytics and strategic outcomes. By watching this resource, CIPD students will understand the fundamental importance of data-driven approaches in contemporary HR practice and develop the knowledge needed to meet this key assessment requirement.
Assessment Criteria 1.2
Explain the importance of using data in organisations.
Indicative Content
Recognise the importance of data to accurately determine problems and issues. The need to ensure informed decision- making. Impact that data has on organisational culture, performance and perceptions.
What You'll Learn
Video covering: Data for informed decision-making
About 3CO02 – Principles of analytics
This unit looks at how people professionals make both straightforward and complex choices as they carry out their roles. It focuses on how utilising a diverse range of analytics and evidence is essential to the rationalisation and enhancement of working practices and situational decision-making to create value.
More 3CO02 Videos
Using data to identify problems accurately
AC 1.2 – Explain the importance of using data in organisations.
Working with Percentages and Key People Metrics
AC 1.4 – Conduct common calculations to interpret organisational data.
Diagrammatic formats - pie charts, bar charts, and line graphs
AC 1.5 – Present findings in different formats to enable informed decision-making.
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