Data Analytics for Decision Making – IOCL
The “Data Analytics for Decision Making” program is being conducted by IIM Visakhapatnam for executives of Indian Oil Corporation Limited (IOCL), spanning diverse domains such as operations, finance, marketing, and strategy.
This Four-day capacity-building programme is designed to enhance data-driven decision-making capabilities among IOCL professionals. In today’s data-rich business environment, the ability to extract actionable insights from data is essential for improving efficiency, driving innovation, and gaining competitive advantage.
The programme equips participants with analytical tools and techniques to interpret data, uncover patterns, and make informed strategic and operational decisions. Key topics include descriptive, predictive, and prescriptive analytics; data visualization; statistical inference; forecasting; and optimization. Real-world business cases and hands-on exercises ensure practical application of the concepts.
Delivered by expert faculty from IIM Visakhapatnam, the programme blends lectures, case-based learning, group discussions, and analytical simulations. It enables participants to cultivate a data-centric mindset, strengthen problem-solving skills, and contribute effectively to evidence-based decision-making across their functional areas.
