Excel's Invisible Hand: Automating Decision Support
Leverage advanced Excel features like Solver, Scenario Manager, and custom functions to build dynamic models that guide complex business decisions, optimizing outcomes and minimizing risk.
What you’ll be able to do
- Design and implement advanced, self-optimizing Excel models for complex decision-making.
- Utilize array formulas and dynamic ranges to create flexible and scalable data analysis tools.
- Master scenario management, Goal Seek, and Solver for predictive analysis and optimization.
- Build interactive dashboards that provide real-time, automated decision support.
- Integrate and cleanse external data sources for comprehensive model inputs.
- Develop robust error handling and validation mechanisms for automated systems.
Inside this course
3 sections · 17 activities · 4.5 hours total length
01Module 1: Foundations of Automated Decision Models
- Introduction to Decision Support Automation10:00
- Advanced Logic with IF, AND, OR, XOR20:00
- Dynamic Data Retrieval with INDEX-MATCH and XLOOKUP25:00
- Building Flexible Formulas with Array Constants and Operators15:00
- Hands-on Lab: Designing a Dynamic Pricing Model20:00
02Module 2: Optimization and Scenario Management
- Goal Seek and Solver for Optimal Solutions25:00
- Scenario Manager for Multi-Variable Analysis20:00
- Data Tables for Sensitivity Analysis15:00
- Power Query for Automated Data Integration and Transformation30:00
- Hands-on Lab: Optimizing Resource Allocation with Solver25:00
- Quiz: Decision Optimization Techniques5:00
03Module 3: Interactive Dashboards and Advanced Automation
- Building Interactive Controls with Form Controls and ActiveX20:00
- Dynamic Charting for Real-time Visualizations20:00
- Conditional Formatting for Visual Cues and Alerts15:00
- Introduction to VBA for Event-Driven Automation (Conceptual)10:00
- Hands-on Project: Automated Sales Performance Dashboard30:00
- Course Conclusion and Next Steps5:00
About this course
Unlock Excel's hidden power to automate complex decisions. This advanced course teaches you to build self-optimizing models and dashboards, transforming your data into actionable insights with minimal manual intervention.
Who this is for
- Business analysts, data analysts, and financial professionals looking to automate complex Excel tasks.
- Managers and team leads who need to build robust decision support tools for their teams.
- Anyone currently using Excel for reporting and analysis who wants to elevate their skills to an advanced automation level.
- Professionals seeking to reduce manual effort and improve the accuracy and speed of their data-driven decisions.
Before you begin
- Solid intermediate knowledge of Excel functions (e.g., VLOOKUP, SUMIFS, basic conditional formatting).
- Familiarity with Excel's user interface and ribbon.
- Microsoft Excel 2016 or newer (Office 365 recommended) installed on your computer.
- Basic understanding of business logic and analytical thinking.
Learner ratings
4.9 / 5 · Average learner rating
A few useful details
How will I learn?
Work through the course sections and activities in your Onlearn course player, at your own pace. Your progress is saved to your account.
Is this a subscription?
No. Each course is purchased separately with one payment.