Study Guide

Objective

You recognize opportunities of using data in business, services, and management and can develop the use of data responsibly.
You identify and evaluate the needed resources, value and impacts of using data and data-driven solutions.
You recognize and use relevant service and business design methods and approaches in innovation and development of sustainable data-driven solutions.
You recognize Business Intelligence (BI) tools as part of data-driven innovations and organisational processes.
You apply the principles of fair data economy.

Content

Identifying and using international scientific and other reliable information sources and evaluation of practical business related examples for supporting data-driven business development and processes.
Value creation with data, and impacts of its use.
Service design for innovating, developing and assessing data-driven solutions
Business Intelligence (BI) tools and their role in business development
Fair data economy - principles, tools, and implementation issues.

Assessment criteria, satisfactory (1)

You know the types of information sources available and understands how to use them in data-driven business and development.
You understand the types of value that data can create.
You understand issues related to the responsible and fair use of data in business.
You know service and business design related methods to be used in the development and evaluation of data-driven solutions.

Assessment criteria, good (3)

You can search and utilize various types of information sources in data-driven business and development, and can use the findings in business and solution development.
You contribute to creation of a value proposition for a data project or solution and recognizes the resources, partners and what type of impacts data use can have.
You take into account the principles of the responsible and fair use of data in business.
You use BI tools as part of business processes.
You choose and apply relevant service design methods in the development and assessment of data-driven solutions.

Assessment criteria, excellent (5)

You use innovatively various types of information sources on value-based data-driven business and service models and in business processes.
You identify, evaluate, and develop the value of using data in business development.
You develop the use of data by taking into account the principles of responsible and fair use of data.
You evaluate the value of BI tools in business and can plan their use in business processes.
You lead the use of service design methods to develop innovative data-driven solutions, and reliably communicate and convince the stakeholders of the concept, value proposition and evaluation results.