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Data-Driven Approaches for Effective Managerial Decision Making

2023 Big data
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Release : 2023
Genre : Big data
Kind : eBook
Book Rating : 683/5 ( reviews)

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Book Synopsis Data-Driven Approaches for Effective Managerial Decision Making by : Anubha

Download or read book Data-Driven Approaches for Effective Managerial Decision Making written by Anubha. This book was released on 2023. Available in PDF, EPUB and Kindle. Book excerpt: In today's competitive market, a manager must be able to look at data, understand it, analyze it, and then interpret it to design a smart business strategy. Big data is also a valuable source of information on how customers interact with firms through various mediums such as social media platforms, online reviews, and many more. The applications and uses of business analytics are numerous and must be further studied to ensure they are utilized appropriately. Data-Driven Approaches for Effective Managerial Decision Making investigates management concepts and applications using data analytics and outlines future research directions. The book also addresses contemporary advancements and innovations in the field of management. Covering key topics such as big data, business intelligence, and artificial intelligence, this reference work is ideal for managers, business owners, industry professionals, researchers, scholars, academicians, practitioners, instructors, and students.

Project Management Analytics

2015-11-12 Business & Economics
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Release : 2015-11-12
Genre : Business & Economics
Kind : eBook
Book Rating : 491/5 ( reviews)

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Book Synopsis Project Management Analytics by : Harjit Singh

Download or read book Project Management Analytics written by Harjit Singh. This book was released on 2015-11-12. Available in PDF, EPUB and Kindle. Book excerpt: To manage projects, you must not only control schedules and costs: you must also manage growing operational uncertainty. Today’s powerful analytics tools and methods can help you do all of this far more successfully. In Project Management Analytics, Harjit Singh shows how to bring greater evidence-based clarity and rationality to all your key decisions throughout the full project lifecycle. Singh identifies the components and characteristics of a good project decision and shows how to improve decisions by using predictive, prescriptive, statistical, and other methods. You’ll learn how to mitigate risks by identifying meaningful historical patterns and trends; optimize allocation and use of scarce resources within project constraints; automate data-driven decision-making processes based on huge data sets; and effectively handle multiple interrelated decision criteria. Singh also helps you integrate analytics into the project management methods you already use, combining today’s best analytical techniques with proven approaches such as PMI PMBOK® and Lean Six Sigma. Project managers can no longer rely on vague impressions or seat-of-the-pants intuition. Fortunately, you don’t have to. With Project Management Analytics, you can use facts, evidence, and knowledge—and get far better results. Achieve efficient, reliable, consistent, and fact-based project decision-making Systematically bring data and objective analysis to key project decisions Avoid “garbage in, garbage out” Properly collect, store, analyze, and interpret your project-related data Optimize multi-criteria decisions in large group environments Use the Analytic Hierarchy Process (AHP) to improve complex real-world decisions Streamline projects the way you streamline other business processes Leverage data-driven Lean Six Sigma to manage projects more effectively

Data-Driven Approaches for Effective Managerial Decision Making

2023-05-08 Business & Economics
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Release : 2023-05-08
Genre : Business & Economics
Kind : eBook
Book Rating : 707/5 ( reviews)

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Book Synopsis Data-Driven Approaches for Effective Managerial Decision Making by : Anubha

Download or read book Data-Driven Approaches for Effective Managerial Decision Making written by Anubha. This book was released on 2023-05-08. Available in PDF, EPUB and Kindle. Book excerpt: In today’s competitive market, a manager must be able to look at data, understand it, analyze it, and then interpret it to design a smart business strategy. Big data is also a valuable source of information on how customers interact with firms through various mediums such as social media platforms, online reviews, and many more. The applications and uses of business analytics are numerous and must be further studied to ensure they are utilized appropriately. Data-Driven Approaches for Effective Managerial Decision Making investigates management concepts and applications using data analytics and outlines future research directions. The book also addresses contemporary advancements and innovations in the field of management. Covering key topics such as big data, business intelligence, and artificial intelligence, this reference work is ideal for managers, business owners, industry professionals, researchers, scholars, academicians, practitioners, instructors, and students.

Business Analytics, Volume I

2018-08-23 Business & Economics
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Release : 2018-08-23
Genre : Business & Economics
Kind : eBook
Book Rating : 264/5 ( reviews)

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Book Synopsis Business Analytics, Volume I by : Amar Sahay

Download or read book Business Analytics, Volume I written by Amar Sahay. This book was released on 2018-08-23. Available in PDF, EPUB and Kindle. Book excerpt: This book deals with Business Analytics (BA) - an emerging area in modern business decision making. Business analytics is a data driven decision making approach that uses statistical and quantitative analysis along with data mining, management science, and fact-based data to measure past business performance to guide an organization in business planning and effective decision making. Business Analytics tools are also used to predict future business outcomes with the help of forecasting and predictive modeling.In this age of technology, massive amount of data are collected by companies. Successful companies use their data as an asset and use them for competitive advantage. Business Analytics is helping businesses in making informed business decisions and automating and optimizing business processes.Successful business analytics depends on the quality of data. Skilled analysts, who understand the technologies and their business, use business analytics tools as an organizational commitment to data-driven decision making.

Data Driven Decision Making using Analytics

2021-12-16 Computers
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Release : 2021-12-16
Genre : Computers
Kind : eBook
Book Rating : 436/5 ( reviews)

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Book Synopsis Data Driven Decision Making using Analytics by : Parul Gandhi

Download or read book Data Driven Decision Making using Analytics written by Parul Gandhi. This book was released on 2021-12-16. Available in PDF, EPUB and Kindle. Book excerpt: This book aims to explain Data Analytics towards decision making in terms of models and algorithms, theoretical concepts, applications, experiments in relevant domains or focused on specific issues. It explores the concepts of database technology, machine learning, knowledge-based system, high performance computing, information retrieval, finding patterns hidden in large datasets and data visualization. Also, it presents various paradigms including pattern mining, clustering, classification, and data analysis. Overall aim is to provide technical solutions in the field of data analytics and data mining. Features: Covers descriptive statistics with respect to predictive analytics and business analytics. Discusses different data analytics platforms for real-time applications. Explain SMART business models. Includes algorithms in data sciences alongwith automated methods and models. Explores varied challenges encountered by researchers and businesses in the realm of real-time analytics. This book aims at researchers and graduate students in data analytics, data sciences, data mining, and signal processing.

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