Amazon cover image
Image from Amazon.com

Data-based decision making and digital transformation /Daniel J. Power and Ciara Heavin.

By: Contributor(s): Material type: TextTextSeries: Publication details: New York, New York (222 East 46th Street, New York, NY 10017) : Business Expert Press, (c)2018.Edition: First editionDescription: 1 online resource (92 pages) : illustrationsContent type:
  • text
Media type:
  • computer
Carrier type:
  • online resource
ISBN:
  • 9781631576591
Subject(s): LOC classification:
  • HD30 .D383 2018
Online resources: Available additional physical forms:
Contents:
2. Decision making and digital transformation -- 3. Data-based decision making -- 4. Analytics and high-velocity decision making -- 5. Implementing digital transformation -- 6. Finding a way forward -- Glossary -- Bibliography -- Index.
Abstract: Many organizations must adapt to survive digital disruption. One approach is digital transformation. The quest for transformation is a journey and the destination is not fixed. Rather senior managers must envision a data-centric organization and encourage data-based decision-making processes. Data-based decision making is an ongoing process of collecting and analyzing different types of data from diverse sources. Building better decision support and using analytics is an enabler of more effective decision making and digital transformation. Digital transformation changes people's behavior, organizational processes, and technologies to enhance performance and better meet customer needs. Using data becomes part of an organization's culture and managers learn to use data and analytics appropriately for each decision situation. Analytics and decision support become pervasive and enhance data-based decision making. Digital disruption is like a tidal wave. Managers must learn to act quickly using data. To succeed in the long-run, managers must ensure that data is used ethically. Both data visualization and data story telling can assist managers in directing the digital journey. Algorithms, Artificial Intelligence, and Machine Learning are tools to make processes faster and smarter. Middle managers using data-based decision-making are the key to successfully implementing a digital vision.
Tags from this library: No tags from this library for this title. Log in to add tags.
Star ratings
    Average rating: 0.0 (0 votes)

1. Introduction and overview -- 2. Decision making and digital transformation -- 3. Data-based decision making -- 4. Analytics and high-velocity decision making -- 5. Implementing digital transformation -- 6. Finding a way forward -- Glossary -- Bibliography -- Index.

Many organizations must adapt to survive digital disruption. One approach is digital transformation. The quest for transformation is a journey and the destination is not fixed. Rather senior managers must envision a data-centric organization and encourage data-based decision-making processes. Data-based decision making is an ongoing process of collecting and analyzing different types of data from diverse sources. Building better decision support and using analytics is an enabler of more effective decision making and digital transformation. Digital transformation changes people's behavior, organizational processes, and technologies to enhance performance and better meet customer needs. Using data becomes part of an organization's culture and managers learn to use data and analytics appropriately for each decision situation. Analytics and decision support become pervasive and enhance data-based decision making. Digital disruption is like a tidal wave. Managers must learn to act quickly using data. To succeed in the long-run, managers must ensure that data is used ethically. Both data visualization and data story telling can assist managers in directing the digital journey. Algorithms, Artificial Intelligence, and Machine Learning are tools to make processes faster and smarter. Middle managers using data-based decision-making are the key to successfully implementing a digital vision.

COPYRIGHT NOT covered - Click this link to request copyright permission:

https://lib.ciu.edu/copyright-request-form

Mode of access: World Wide Web.

System requirements: Adobe Acrobat reader.

Title from PDF title page (viewed on June 10, 2018).

There are no comments on this title.

to post a comment.