A two-day intensive workshop, ‘Empowering Decision
Makers: A Comprehensive Journey through Data Analytics’, co-organized by Yadaba
Communications and Dataware Tech, concluded successfully in Accra.
Senior executives from leading financial institutions
participated in the programme held at the Airport View Hotel on May 7 & 8,
2024 to bolster their data analytics and decision-making capabilities. The
workshop addressed the growing need for financial leaders to leverage
data-driven insights for strategic planning in the face of rapid digital
transformation within the financial sector.
Participants gained the tools and knowledge required to
effectively harness data, ensuring their organizations remain competitive and
adaptable to evolving market conditions. Each participant also went home with a
certificate of participation.
Lead Facilitator, Jeremiah Ishaya, emphasized the
critical role of data analytics in today's financial landscape, noting that
increased digitalisation has heightened the need for more accurate data
analysis.
"For financial institutions,
harnessing the power of data for actionable insights is no longer optional.
Data analytics, the process of extracting valuable information from vast
datasets, is an essential tool. This training empowers participants to leverage
data for the greatest advantage of their institutions,” Mr. Ishaya remarked.
He however cautioned about limitations in Ghana's data
infrastructure, urging the implementation of proper mechanisms to utilize
data-analyzed policies effectively. He stressed the importance of data quality
for successful implementation.
Business Intelligence Specialist at Dataware Tech, Nana
Kojo Hagan, underscored the importance of data science for operational
efficiency. "This training aimed to
equip leaders to become data innovators, not just consumers. The participants'
active engagement and insightful commentary demonstrate significant progress
towards this goal,” Mr. Hagan explained.
The workshop, led by experts, covered a comprehensive
range of topics including data analytics fundamentals, advanced predictive
modelling techniques, cutting-edge machine learning applications for finance,
and hands-on data exploration and preparation.
Interactive workshops provided participants with a
valuable opportunity to apply their newfound skills in real-world scenarios.
These sessions focused on data-driven improvements in risk management, customer
engagement, and operational efficiency. Engaging question-and-answer sessions
fostered active participation and knowledge exchange among the participants.
The workshop culminated in a commitment from participants
to champion a data-centric culture shift within their organizations. They
stated that they had been equipped not only with advanced analytical skills but
also with the leadership capabilities to guide their teams towards a
data-driven approach to business. "The workshop fostered a commitment from
attendees to champion a cultural shift within their organizations,” the
facilitators concluded.
By: Nana Appiah Acquaye
