Recently, the Federal Authority for Government Human Resources, in cooperation with the Institute of Accountants Management (IMA), held a discussion session via live broadcast tech, entitled "Data Analysis, a Tool for Creating a Competitive Advantage. The event was followed by hundreds of Federal Government employees, and through it, they learned about many important issues, such as the importance of data analysis for institutions, communities and countries, and how data are governed and used to anticipate and prepare for the future, as well as the impact of technology on the nature of administrative jobs.
In this regard, Maryam Al-Zarouni, Director of HR Planning Department at the Authority, explained that the session comes as part of a series of different activities that the Authority regularly organizes in cooperation with its partners within the e-learning portal initiative in the Federal Government "Al-Mawrid", which was launched late last year, as an advanced smart training platform that serves Federal Government employees, develops their behavioral and professional skills, and provides them with free and professional electronic training programs and courses, free of charge and at preferential rates.
She further explained that the e-learning portal in the Federal Government, "Al Mawrid", constitutes an important alternative to traditional training and learning methods based on the actual attendance of workshops and training courses, and communication between the trainer and trainees seeking knowledge, pointing out that the Authority has contracted and cooperated with universities, educational institutions, expertise houses and leading international companies. In the field of electronic training and development, to provide professional certificates, electronic training courses and programs, and educational materials for federal government employees for free and at competitive prices.
Speakers during the session conducted by Maryam Al Zarouni were: Mr. Geoff Thompson, CEO and General Manager of the Institute of Accountants Management, and Mr. Herav Shah, Director of the Data Analysis Department at the Institute.
Geoff Thompson highlighted that many countries of the world have become more aware of the importance of collecting and analyzing data in purely scientific ways, and that the ability of countries and institutions to deal with the huge amount of data that they possess gives them an added value, and enables them to better deal with all developments and accelerating changes, as it helps them to plan for the future, and to meet any occasional challenges in a professional manner.
He said: "If we want to realize how important data analysis is for countries and societies, then let us look around the different methods that the countries of the world have dealt with the Covid-19 pandemic crisis that hit the whole world late last year.
We notice that the economies of many countries are still ravaging, and we will find that some countries, such as China, for example, which were the epicenter of the outbreak of the pandemic, in a short period, it managed to encircle the epidemic and undermine its repercussions on the population and the economy, and due to its advanced infrastructure, and its possession of advanced systems and modern technology in data analysis, which enabled China to develop proactive plans and radical solutions to contain the repercussions of the pandemic.
Jeff Thompson, CEO and General Manager of IMA, explained that many organizations around the world are investing in the field of data analysis, and employing specialized work teams in this field, in order to enhance their competitiveness, and keep up with developments in the market locally, regionally and globally, noting that it is important for data analysts at the present time combining data analysis skills and the ability to handle digital technology, and artificial intelligence techniques.
Mr. Herav Shah, Director of the Data Analysis Department at the Institute of Accountants Management, said that data analysis has become a science in itself, and that it strengthens the capabilities of countries and institutions in dealing with local, regional and global crises such as the Covid-19 pandemic, indicating that the data analysis gives decision-makers in any country or institution a clearer picture about the current situation, and what the conditions will lead to in the future, and thus enables them to take appropriate decisions based on accurate scientific foundations.
He touched on term prospecting in data, which is the process of analyzing a quantity of data - usually a large quantity - to create a logical relationship that summarizes the data in a new way that is understandable and useful to the data owner, most institutions and companies resort to this process because it is granted a full vision and a better understanding about the current and future market, patterns of dealers and their attitudes and behavior mode, which helps in making the right decisions in a timely manner, and develop appropriate solutions to the problems and challenges.
Mr. Herav emphasized that organizations are racing to establish a culture of data analysis in the work environment; it strives to possess advanced analysis techniques, and distinct team work with extensive experience in data collection, monitoring and analysis in depth, and provide proactive solutions that help boost the organization's performance and increase its ability to meet any challenges that may arise in the future.