Implementing An Analytics Culture For Data Driven Decisions

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Implementing an Analytics Culture for Data Driven Decisions

Robert Zwerling,Jesper Sorensen
Implementing an Analytics Culture for Data Driven Decisions Book PDF

Author : Robert Zwerling,Jesper Sorensen
Publisher : Independently Published
Page : 146 pages
File Size : 44,9 Mb
Release : 2019-10-30
Category : Electronic
ISBN : 1703155572

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Implementing an Analytics Culture for Data Driven Decisions by Robert Zwerling,Jesper Sorensen Pdf

For many years Finance has had a monopoly on reporting numbers to business leaders, but this monopoly no longer exists. Unless Finance gets into the analytics game, Finance risks being sidelined and replaced in many of its FP&A functions. Finance needs to act fast and step up its game. Turning data into insights and foresight is crucial for, what we call, Next Generation Finance. With recent emergent technologies and a change in mentality of wanting to influence decisions, Finance has started the journey of advancing from the Trusted Scorekeeper towards the Strategic Partner.In the journey towards a Strategic Partner an analytics culture for data driven decisions needs to be developed. A culture that has four key components of Mindset, People, Processes, and Systems. These components, when aligned, institutionalize the practices about data driven decisions for business optimization.This book describes how to build a culture of data driven decisions using analytics. It purports that Finance becomes the hub of analytics to partner with the business to deliver the insights and foresight that impact the strategic decisions. Creating a culture of data driven decisions with analytics requires a Roadmap to transform Finance to the World Class Strategic Partner. This book lays out that roadmap...

AI-Enabled Analytics for Business

Lawrence S. Maisel,Robert J. Zwerling,Jesper H. Sorensen
AI Enabled Analytics for Business Book PDF

Author : Lawrence S. Maisel,Robert J. Zwerling,Jesper H. Sorensen
Publisher : John Wiley & Sons
Page : 243 pages
File Size : 54,8 Mb
Release : 2022-01-19
Category : Business & Economics
ISBN : 9781119736080

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AI-Enabled Analytics for Business by Lawrence S. Maisel,Robert J. Zwerling,Jesper H. Sorensen Pdf

We are entering the era of digital transformation where human and artificial intelligence (AI) work hand in hand to achieve data driven performance. Today, more than ever, businesses are expected to possess the talent, tools, processes, and capabilities to enable their organizations to implement and utilize continuous analysis of past business performance and events to gain forward-looking insight to drive business decisions and actions. AI-Enabled Analytics in Business is your Roadmap to meet this essential business capability. To ensure we can plan for the future vs react to the future when it arrives, we need to develop and deploy a toolbox of tools, techniques, and effective processes to reveal forward-looking unbiased insights that help us understand significant patterns, relationships, and trends. This book promotes clarity to enable you to make better decisions from insights about the future. Learn how advanced analytics ensures that your people have the right information at the right time to gain critical insights and performance opportunities Empower better, smarter decision making by implementing AI-enabled analytics decision support tools Uncover patterns and insights in data, and discover facts about your business that will unlock greater performance Gain inspiration from practical examples and use cases showing how to move your business toward AI-Enabled decision making AI-Enabled Analytics in Business is a must-have practical resource for directors, officers, and executives across various functional disciplines who seek increased business performance and valuation.

Decision Intelligence Analytics and the Implementation of Strategic Business Management

P. Mary Jeyanthi,Tanupriya Choudhury,Dieu Hack-Polay,T P Singh,Sheikh Abujar
Decision Intelligence Analytics and the Implementation of Strategic Business Management Book PDF

Author : P. Mary Jeyanthi,Tanupriya Choudhury,Dieu Hack-Polay,T P Singh,Sheikh Abujar
Publisher : Springer Nature
Page : 236 pages
File Size : 55,9 Mb
Release : 2022-01-01
Category : Technology & Engineering
ISBN : 9783030827632

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Decision Intelligence Analytics and the Implementation of Strategic Business Management by P. Mary Jeyanthi,Tanupriya Choudhury,Dieu Hack-Polay,T P Singh,Sheikh Abujar Pdf

This book presents a framework for developing an analytics strategy that includes a range of activities, from problem definition and data collection to data warehousing, analysis, and decision making. The authors examine best practices in team analytics strategies such as player evaluation, game strategy, and training and performance. They also explore the way in which organizations can use analytics to drive additional revenue and operate more efficiently. The authors provide keys to building and organizing a decision intelligence analytics that delivers insights into all parts of an organization. The book examines the criteria and tools for evaluating and selecting decision intelligence analytics technologies and the applicability of strategies for fostering a culture that prioritizes data-driven decision making. Each chapter is carefully segmented to enable the reader to gain knowledge in business intelligence, decision making and artificial intelligence in a strategic management context.

Data Driven Decision Making using Analytics

Parul Gandhi,Surbhi Bhatia,Kapal Dev
Data Driven Decision Making using Analytics Book PDF

Author : Parul Gandhi,Surbhi Bhatia,Kapal Dev
Publisher : CRC Press
Page : 150 pages
File Size : 40,5 Mb
Release : 2021-12-21
Category : Computers
ISBN : 9781000506433

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Data Driven Decision Making using Analytics by Parul Gandhi,Surbhi Bhatia,Kapal Dev Pdf

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.

The Data Driven Leader

Jenny Dearborn,David Swanson
The Data Driven Leader Book PDF

Author : Jenny Dearborn,David Swanson
Publisher : John Wiley & Sons
Page : 272 pages
File Size : 46,8 Mb
Release : 2017-11-06
Category : Business & Economics
ISBN : 9781119382201

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The Data Driven Leader by Jenny Dearborn,David Swanson Pdf

Data is your most valuable leadership asset—here's how to use it The Data Driven Leader presents a clear, accessible guide to solving important leadership challenges through human resources-focused and other data analytics. This engaging book shows you how to transform the HR function and overall organizational effectiveness by using data to make decisions grounded in facts vs. opinions, identify root causes behind your company’s thorniest problems and move toward a winning, future-focused business strategy. Realistic and actionable, this book tells the story of a successful sales executive who, after leading an analytics-driven turnaround (in Data Driven, this book’s predecessor), faces a new turnaround challenge as chief human resources officer. Each chapter features insightful commentary and practical notes on the points the story raises, guiding you to put HR analytics into action in your organization. HR and other leaders cannot afford to overlook the power and competitive advantages of data-driven decision-making and strategies. This book reflects the growing trend of CEOs choosing analytics-minded business leaders to head HR, at a time when workplaces everywhere face game-changing forces including automation, robotics and artificial intelligence. It is urgent that human resources leaders embrace analytics, not only to remain professionally relevant but also to help their organizations successfully navigate this digital transformation. HR professionals can and must: Understand essential data science principles and corporate analytics models Identify and execute effective data analytics initiatives Boost HR and company productivity and performance with metrics that matter Shape an analytics-centric culture that generates data driven leaders Most organizations capture and report data, but data is useless without analysis that leads to action. The Data Driven Leader shows you how to use this tremendous asset to lead your organization higher.

Creating a Data-Driven Organization

Carl Anderson
Creating a Data Driven Organization Book PDF

Author : Carl Anderson
Publisher : "O'Reilly Media, Inc."
Page : 300 pages
File Size : 42,8 Mb
Release : 2015-07-23
Category : Business & Economics
ISBN : 9781491916889

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Creating a Data-Driven Organization by Carl Anderson Pdf

"What do you need to become a data-driven organization? Far more than having big data or a crack team of unicorn data scientists, it requires establishing an effective, deeply-ingrained data culture. This practical book shows you how true data-drivenness involves processes that require genuine buy-in across your company ... Through interviews and examples from data scientists and analytics leaders in a variety of industries ... Anderson explains the analytics value chain you need to adopt when building predictive business models"--Publisher's description.

Be Data Driven

Jordan Morrow
Be Data Driven Book PDF

Author : Jordan Morrow
Publisher : Kogan Page Publishers
Page : 241 pages
File Size : 47,5 Mb
Release : 2022-08-03
Category : Business & Economics
ISBN : 9781398606555

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Be Data Driven by Jordan Morrow Pdf

Make any team or business data driven with this practical guide to overcoming common challenges and creating a data culture. Businesses are increasingly focusing on their data and analytics strategy, but a data-driven culture grounded in evidence-based decision making can be difficult to achieve. Be Data Driven outlines a step-by-step roadmap to building a data-driven organization or team, beginning with deciding on outcomes and a strategy before moving onto investing in technology and upskilling where necessary. This practical guide explains what it means to be a data-driven organization and explores which technologies are advancing data and analytics. Crucially, it also examines the most common challenges to becoming data driven, from a foundational skills gap to issues with leadership and strategy and the impact of organizational culture. With case studies of businesses who have successfully used data, Be Data Driven shows managers, leaders and data professionals how to address hurdles, encourage a data culture and become truly data driven.

AI-Enabled Analytics for Business

Lawrence S. Maisel,Robert J. Zwerling,Jesper H. Sorensen
AI Enabled Analytics for Business Book PDF

Author : Lawrence S. Maisel,Robert J. Zwerling,Jesper H. Sorensen
Publisher : John Wiley & Sons
Page : 243 pages
File Size : 43,7 Mb
Release : 2022-01-10
Category : Business & Economics
ISBN : 9781119736097

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AI-Enabled Analytics for Business by Lawrence S. Maisel,Robert J. Zwerling,Jesper H. Sorensen Pdf

We are entering the era of digital transformation where human and artificial intelligence (AI) work hand in hand to achieve data driven performance. Today, more than ever, businesses are expected to possess the talent, tools, processes, and capabilities to enable their organizations to implement and utilize continuous analysis of past business performance and events to gain forward-looking insight to drive business decisions and actions. AI-Enabled Analytics in Business is your Roadmap to meet this essential business capability. To ensure we can plan for the future vs react to the future when it arrives, we need to develop and deploy a toolbox of tools, techniques, and effective processes to reveal forward-looking unbiased insights that help us understand significant patterns, relationships, and trends. This book promotes clarity to enable you to make better decisions from insights about the future. Learn how advanced analytics ensures that your people have the right information at the right time to gain critical insights and performance opportunities Empower better, smarter decision making by implementing AI-enabled analytics decision support tools Uncover patterns and insights in data, and discover facts about your business that will unlock greater performance Gain inspiration from practical examples and use cases showing how to move your business toward AI-Enabled decision making AI-Enabled Analytics in Business is a must-have practical resource for directors, officers, and executives across various functional disciplines who seek increased business performance and valuation.

Building a Data Culture

Gary W. Griffin,David Holcomb
Building a Data Culture Book PDF

Author : Gary W. Griffin,David Holcomb
Publisher : Apress
Page : 0 pages
File Size : 51,9 Mb
Release : 2023-12-03
Category : Computers
ISBN : 1484299655

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Building a Data Culture by Gary W. Griffin,David Holcomb Pdf

In today's fast-paced digital landscape, organizations face an ever-increasing volume of data that holds immense potential for driving business success. However, many businesses struggle to harness this potential due to a lack of understanding and effective utilization of data within their culture. This book is a comprehensive guide that unveils the transformative power of data and provides actionable insights to cultivate a data-driven organizational culture. The book emphasizes data strategy and data governance's pivotal role in cultivating a mature data culture using practical insights, frameworks, and best practices. This approach ensures robust data culture structures that uphold data integrity, accessibility, and accountability. These structures operate on the people, processes, and technology through analytics, literacy, governance, process management, and data inventory management. The authors introduce the groundbreaking Usage and Flow Data Culture Model, a unique framework that enables organizations to evaluate and reshape their data culture based on distinct cultural types: Preservationist, Protectionist, Traditionalist, and Progressive. Each culture type is carefully dissected, revealing associated challenges and opportunities, uncovering suitable strategies in the process. Developing a worthy data culture necessitates a shift in mindset and the development of relevant skills across the organization. Building a Data Culture is your roadmap to fostering data literacy, promoting data-driven decision-making, and cultivating a data-driven mindset. What You'll Learn Assess your organization's current data culture Identify cultural strengths and weaknesses within your organization Develop a data governance program Define data policies and standards and establish decision-making processes Who This Book is For Professionals and leaders across various industries who are interested in building a data culture within their organizations. The typical reader may have a background in data management, analytics, business intelligence, or technology, but the book is designed to be accessible to a wide range of readers with varying levels of expertise.

Keeping Up with the Quants

Thomas H. Davenport,Jinho Kim
Keeping Up with the Quants Book PDF

Author : Thomas H. Davenport,Jinho Kim
Publisher : Harvard Business Review Press
Page : 241 pages
File Size : 50,9 Mb
Release : 2013-06-11
Category : Business & Economics
ISBN : 9781422187258

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Keeping Up with the Quants by Thomas H. Davenport,Jinho Kim Pdf

A renowned thought-leader and a professor of statistics team up to provide the essential tools for enhancing thinking and decision-making in today's workplace in order to be more competitive and successful. 25,000 first printing.

Leaders and Innovators

Tho H. Nguyen
Leaders and Innovators Book PDF

Author : Tho H. Nguyen
Publisher : John Wiley & Sons
Page : 240 pages
File Size : 44,6 Mb
Release : 2016-09-06
Category : Business & Economics
ISBN : 9781119232575

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Leaders and Innovators by Tho H. Nguyen Pdf

An integrated, strategic approach to higher-value analytics Leaders and Innovators: How Data-Driven Organizations Are Winning with Analytics shows how businesses leverage enterprise analytics to gain strategic insights for profitability and growth. The key factor is integrated, end-to-end capabilities that encompass data management and analytics from a business and IT perspective; with analytics running inside a database where the data reside, everyday analytical processes become streamlined and more efficient. This book shows you what analytics is, what it can do, and how you can integrate old and new technologies to get more out of your data. Case studies and examples illustrate real-world scenarios in which an optimized analytics system revolutionized an organization's business. Using in-database and in-memory analytics along with Hadoop, you'll be equipped to improve performance while reducing processing time from days or weeks to hours or minutes. This more strategic approach uncovers the opportunities hidden in your data, and the detailed guidance to optimal data management allows you to break through even the biggest data challenges. With data coming in from every angle in a constant stream, there has never been a greater need for proactive and agile strategies to overcome these struggles in a volatile and competitive economy. This book provides clear guidance and an integrated strategy for organizations seeking greater value from their data and becoming leaders and innovators in the industry. Streamline analytics processes and daily tasks Integrate traditional tools with new and modern technologies Evolve from tactical to strategic behavior Explore new analytics methods and applications The depth and breadth of analytics capabilities, technologies, and potential makes it a bottomless well of insight. But too many organizations falter at implementation—too much, not enough, or the right amount in the wrong way all fail to deliver what an optimized and integrated system could. Leaders and Innovators: How Data-Driven Organizations Are Winning with Analytics shows you how to create the system your organization needs to dramatically improve performance, increase profitability, and drive innovation at all levels for the present and future.

Data Fluency

Zach Gemignani,Chris Gemignani,Richard Galentino,Patrick Schuermann
Data Fluency Book PDF

Author : Zach Gemignani,Chris Gemignani,Richard Galentino,Patrick Schuermann
Publisher : John Wiley & Sons
Page : 288 pages
File Size : 55,7 Mb
Release : 2014-10-10
Category : Computers
ISBN : 9781118851005

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Data Fluency by Zach Gemignani,Chris Gemignani,Richard Galentino,Patrick Schuermann Pdf

A dream come true for those looking to improve their data fluency Analytical data is a powerful tool for growing companies, but what good is it if it hides in the shadows? Bring your data to the forefront with effective visualization and communication approaches, and let Data Fluency: Empowering Your Organization with Effective Communication show you the best tools and strategies for getting the job done right. Learn the best practices of data presentation and the ways that reporting and dashboards can help organizations effectively gauge performance, identify areas for improvement, and communicate results. Topics covered in the book include data reporting and communication, audience and user needs, data presentation tools, layout and styling, and common design failures. Those responsible for analytics, reporting, or BI implementation will find a refreshing take on data and visualization in this resource, as will report, data visualization, and dashboard designers. Conquer the challenge of making valuable data approachable and easy to understand Develop unique skills required to shape data to the needs of different audiences Full color book links to bonus content at juiceanalytics.com Written by well-known and highly esteemed authors in the data presentation community Data Fluency: Empowering Your Organization with Effective Communication focuses on user experience, making reports approachable, and presenting data in a compelling, inspiring way. The book helps to dissolve the disconnect between your data and those who might use it and can help make an impact on the people who are most affected by data. Use Data Fluency today to develop the skills necessary to turn data into effective displays for decision-making.

Creating Value with Big Data Analytics

Peter C. Verhoef,Edwin Kooge,Natasha Walk
Creating Value with Big Data Analytics Book PDF

Author : Peter C. Verhoef,Edwin Kooge,Natasha Walk
Publisher : Routledge
Page : 339 pages
File Size : 47,7 Mb
Release : 2016-01-08
Category : Business & Economics
ISBN : 9781317561927

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Creating Value with Big Data Analytics by Peter C. Verhoef,Edwin Kooge,Natasha Walk Pdf

Our newly digital world is generating an almost unimaginable amount of data about all of us. Such a vast amount of data is useless without plans and strategies that are designed to cope with its size and complexity, and which enable organisations to leverage the information to create value. This book is a refreshingly practical, yet theoretically sound roadmap to leveraging big data and analytics. Creating Value with Big Data Analytics provides a nuanced view of big data development, arguing that big data in itself is not a revolution but an evolution of the increasing availability of data that has been observed in recent times. Building on the authors’ extensive academic and practical knowledge, this book aims to provide managers and analysts with strategic directions and practical analytical solutions on how to create value from existing and new big data. By tying data and analytics to specific goals and processes for implementation, this is a much-needed book that will be essential reading for students and specialists of data analytics, marketing research, and customer relationship management.

Business Analytics - Unleashing Data Driven Decision Making

JUBI R
Business Analytics Unleashing Data Driven Decision Making Book PDF

Author : JUBI R
Publisher : NEHAS PUBLICATIONS
Page : 367 pages
File Size : 51,6 Mb
Release : 2024-01-12
Category : Business & Economics
ISBN : 9788196811426

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Business Analytics - Unleashing Data Driven Decision Making by JUBI R Pdf

In today's dynamic and data-driven business landscape, the art and science of Business Analytics have emerged as critical tools for exploration, introspection, and informed decision-making. "Business Analytics," the book at hand, delves into the practices and competencies essential for unraveling the complexities of business performance, facilitating purposeful, intuitive, and expedient decision-making processes. The essence of Business Analytics lies in the extensive exploration of business data, aiming to extract meaningful information usable by managers across various organizational levels. This book positions Business Analytics as a catalyst for fact-based decision-making, elevating accountability in the decision-making process. It defines Business Analytics as a methodical process that involves scrutinizing and summarizing data with the explicit purpose of uncovering hidden predictive insights. This book places a particular emphasis on the science and artistry of business analytics, with a special focus on financial analytics. It not only explores the practical aspects but also lays the theoretical foundations, providing a comprehensive context for various elements of business analytics within specific business situations. A distinctive feature of this book is its commitment to showcasing the implementation of analytics by illustrating how leading companies leverage this power to enhance their investments. Acknowledging that scientific knowledge alone may not suffice for sound decision-making, the book underscores the importance of combining scientific expertise with a deep understanding of the business context and the best available information. Addressing a notable gap in existing literature, this book goes beyond traditional academic texts that predominantly concentrate on quantitative methods. Instead, it extends its reach to cover analytics for non-quantitative managers. In doing so, the book aims to equip a broader audience with the knowledge and tools necessary to harness the benefits of Business Analytics in diverse business scenarios. As you embark on this journey through the pages of "Business Analytics," you will gain insights into the transformative power of analytics in decision-making, and how it has become an indispensable asset for businesses navigating the intricacies of the contemporary corporate landscape.

The Innovation Mode

George Krasadakis
The Innovation Mode Book PDF

Author : George Krasadakis
Publisher : Springer Nature
Page : 316 pages
File Size : 44,7 Mb
Release : 2020-07-29
Category : Business & Economics
ISBN : 9783030451394

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The Innovation Mode by George Krasadakis Pdf

This book presents unique insights and advice on defining and managing the innovation transformation journey. Using novel ideas, examples and best practices, it empowers management executives at all levels to drive cultural, technological and organizational changes toward innovation. Covering modern innovation techniques, tools, programs and strategies, it focuses on the role of the latest technologies (e.g., artificial intelligence to discover, handle and manage ideas), methodologies (including Agile Engineering and Rapid Prototyping) and combinations of these (like hackathons or gamification). At the same time, it highlights the importance of culture and provides suggestions on how to build it. In the era of AI and the unprecedented pace of technology evolution, companies need to become truly innovative in order to survive. The transformation toward an innovation-led company is difficult – it requires a strong leadership and culture, advanced technologies and well-designed programs. The book is based on the author’s long-term experience and novel ideas, and reflects two decades of startup, consulting and corporate leadership experience. It is intended for business, technology, and innovation leaders.