What Is a Risk Assessment? + Key BI Tools to Accelerate It
Explore how risk assessment in business intelligence helps companies find, analyze, and reduce risks, as well as the different types of risk management.
March 14, 2024
Article
Whether you're building a business or managing a large team, we're here to support your journey. Gain expertise in business strategy, develop in-demand leadership and management skills, and more with Coursera.
Top courses for business strategy and management
University of Virginia
Skills you'll gain: Strategy, Strategy and Operations, Leadership and Management, Entrepreneurship, Marketing, Sales, Market Analysis, Business Development, Business Analysis, Business Transformation, Finance, Investment Management, Planning, Product Strategy, Business Design, Decision Making, Research and Design
Beginner · Specialization · 3 - 6 Months
University of Virginia
Skills you'll gain: Entrepreneurship, Leadership and Management, Marketing, Sales, Strategy, Strategy and Operations, Market Analysis
Beginner · Course · 1 - 4 Weeks
Copenhagen Business School
Skills you'll gain: Entrepreneurship, Leadership and Management, Marketing, Sales, Strategy, Strategy and Operations, Planning
Mixed · Course · 1 - 3 Months
Whether you're starting your own business or managing a large team, fundamental business principles are essential. That's why we've gathered our top resources on topics like:
Business administration is the integrated supervision and administration of all areas of an organization. This requires understanding business areas ranging from accounting to marketing to Human Resources (HR) and beyond, while also understanding how all these pieces fit together. The ability to see the big picture, set organizational goals, and align its people and resources accordingly is critically important to the success of any company.
Today’s business administrators and managers must be adept at combining traditional leadership skills with a fluency in business analytics. The digital era has created a wealth of opportunities for data analysis of a wide range of business areas, including customer behavior, operations research, and employee performance, and executives must not only understand these analytics but also be able to prioritize their relevance to decision-making.
Like business leaders of previous eras, however, they must also have the strong interpersonal skills needed to connect with their teams and motivate them to achieve company goals.
An education in business administration, and particularly a masters in business administration (MBA), can be a gateway to a wide range of careers in the world of business and finance. Understanding how organizational structures and operations impact with bottom-line business results is essential whether you have a managerial role within a company or are working as a financial analyst deciding whether or not to invest in a company.
MBAs are a particularly important credential for chief executive officers (CEOs) in the corporate world, who are ultimately responsible for decision-making across all business activities. The willingness to make these often-difficult choices and guide companies successfully is one of the most highly valued skills in the job market; according to the Bureau of Labor Statistics, the median annual wage for chief executives was $184,520 in 2022.
Online Leadership and Management courses offer a convenient and flexible way to enhance your knowledge or learn new Leadership and Management skills. Choose from a wide range of Leadership and Management courses offered by top universities and industry leaders tailored to various skill levels.
Yes, there are online courses and short Guided Projects available to help you develop the skills you need at every stage of your entrepreneurship journey. If you're trying to refine your world-changing business idea, courses can help you get in the entrepreneurial mindset, generating the inspiration and creativity you need to think outside the box and identify new opportunities for innovation. Once you've got your vision, more practical courses can help with things like the process of launching your startup, business modeling and planning, lean startup principles, and change management. And when you're ready to bring in outside investors, online courses can help with startup valuation and financing strategy.