Descriptive Reports
Management
Utilizing Data for Growth
Enhance Team Collaboration through Data Insights
Metrics Analysis
Data-Driven Decision Making
Leveraging Data for Performance Improvement
Risk Mitigation
Concepts 
It can be classified into three main types:
Descriptive Analytics: This type focuses on summarizing historical data to identify trends and patterns
...Google Data Studio A free tool that turns data into customizable informative
reports and dashboards
...
Management Key components of business analytics include:
Descriptive Analytics: Analyzes historical data to understand what has happened in the past
...Reporting: The generation of
reports and dashboards that summarize business performance
...
Utilizing Data for Growth Some of the most common methods include:
Descriptive Analytics: This method involves summarizing historical data to identify patterns and trends
...Google Analytics A web analytics service that tracks and
reports website traffic
...
Enhance Team Collaboration through Data Insights Types of Data Insights
Descriptive Insights: Provide an overview of past performance and trends
...Google Data Studio A free tool that transforms data into customizable informative
reports and dashboards
...
Metrics Analysis metrics used in business analytics: Type of Metric Description Examples
Descriptive Metrics Metrics that summarize past performance
...Google Analytics: A web analytics service that tracks and
reports website traffic, providing insights into user behavior
...
Data-Driven Decision Making key components of DDDM include: Data Collection: Gathering relevant data from various sources such as surveys, sales
reports, and customer feedback
...Sales figures, website traffic Qualitative Data
Descriptive data that provides insights into customer attitudes and behaviors
...
Leveraging Data for Performance Improvement The primary types of data analytics include:
Descriptive Analytics: Analyzes historical data to identify trends and patterns
...Financial Reporting: Generating
reports that provide insights into financial health
...
Risk Mitigation analysis (Strengths, Weaknesses, Opportunities, Threats) Interviews and surveys Reviewing historical data and incident
reports Risk Assessment Once risks are identified, the next step is to assess their potential impact and likelihood
...process typically involves: Qualitative Assessment: Categorizing risks based on their severity and likelihood using
descriptive terms (e
...
Data Analysis for Competitive Strategy Market Research Data collected through surveys, focus groups, and industry
reports ...Data Analysis Techniques Once data is collected, various analytical techniques can be applied:
Descriptive Analysis: Summarizes historical data to understand trends and patterns
...
Customer Analytics Data Visualization: Presenting data insights through dashboards and
reports for easier interpretation
...different purpose: Type Description
Descriptive Analytics Analyzes historical data to understand past customer behavior and trends
...
Selbstständig machen z.B. nebenberuflich! 
Der Trend bei der Selbständigkeit ist auf gute Ideen zu setzen und dabei vieleich auch noch nebenberuflich zu starten - am besten mit einem guten Konzept ...
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