Strategic Blueprint for Enterprise Analytics
| Author | : Liang Wang |
| Publisher | : Springer Nature |
| Total Pages | : 256 |
| Release | : |
| Genre | : |
| ISBN | : 3031558855 |
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Strategic Blueprint For Enterprise Analytics
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Strategic Blueprint for Enterprise Analytics
| Author | : Liang Wang |
| Publisher | : Springer |
| Total Pages | : 0 |
| Release | : 2024-05-18 |
| Genre | : Computers |
| ISBN | : 9783031558849 |
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This book is a comprehensive guide for professionals, leaders, and academics seeking to unlock the power of data and analytics in the modern business landscape. It delves deeply into the strategic, architectural, and managerial aspects of implementing enterprise analytics (EA) systems in large enterprises. The book is meticulously structured into three parts. Part 1 lays the foundation for adaptable architecture in EA. Part 2 explores technical considerations: data, cloud platforms, and AI solutions. The final part focuses on strategy execution, investment, and risk management. Acting as a comprehensive guide, the book enables the creation of robust EA capabilities that foster growth, optimize operations, and keep pace with EA's dynamic world. Whether readers are leaders harnessing data's potential, practitioners navigating analytics, or academics exploring this evolving domain, this book provides insights and knowledge to guide readers toward a thriving, data-driven future.
Decision Intelligence Analytics and the Implementation of Strategic Business Management
| Author | : P. Mary Jeyanthi |
| Publisher | : Springer Nature |
| Total Pages | : 236 |
| Release | : 2022-01-01 |
| Genre | : Technology & Engineering |
| ISBN | : 3030827631 |
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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.
Aligning Business Strategies and Analytics
| Author | : Murugan Anandarajan |
| Publisher | : Springer |
| Total Pages | : 211 |
| Release | : 2018-09-27 |
| Genre | : Business & Economics |
| ISBN | : 3319932993 |
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This book examines issues related to the alignment of business strategies and analytics. Vast amounts of data are being generated, collected, stored, processed, analyzed, distributed and used at an ever-increasing rate by organizations. Simultaneously, managers must rapidly and thoroughly understand the factors driving their business. Business Analytics is an interactive process of analyzing and exploring enterprise data to find valuable insights that can be exploited for competitive advantage. However, to gain this advantage, organizations need to create a sophisticated analytical climate within which strategic decisions are made. As a result, there is a growing awareness that alignment among business strategies, business structures, and analytics are critical to effectively develop and deploy techniques to enhance an organization’s decision-making capability. In the past, the relevance and usefulness of academic research in the area of alignment is often questioned by practitioners, but this book seeks to bridge this gap. Aligning Business Strategies and Analytics: Bridging Between Theory and Practice is comprised of twelve chapters, divided into three sections. The book begins by introducing business analytics and the current gap between academic training and the needs within the business community. Chapters 2 - 5 examines how the use of cognitive computing improves financial advice, how technology is accelerating the growth of the financial advising industry, explores the application of advanced analytics to various facets of the industry and provides the context for analytics in practice. Chapters 6 - 9 offers real-world examples of how project management professionals tackle big-data challenges, explores the application of agile methodologies, discusses the operational benefits that can be gained by implementing real-time, and a case study on human capital analytics. Chapters 10 - 11 reviews the opportunities and potential shortfall and highlights how new media marketing and analytics fostered new insights. Finally the book concludes with a look at how data and analytics are playing a revolutionary role in strategy development in the chemical industry.
Encyclopedia of Business Analytics and Optimization
| Author | : Wang, John |
| Publisher | : IGI Global |
| Total Pages | : 2862 |
| Release | : 2014-02-28 |
| Genre | : Business & Economics |
| ISBN | : 1466652039 |
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As the age of Big Data emerges, it becomes necessary to take the five dimensions of Big Data- volume, variety, velocity, volatility, and veracity- and focus these dimensions towards one critical emphasis - value. The Encyclopedia of Business Analytics and Optimization confronts the challenges of information retrieval in the age of Big Data by exploring recent advances in the areas of knowledge management, data visualization, interdisciplinary communication, and others. Through its critical approach and practical application, this book will be a must-have reference for any professional, leader, analyst, or manager interested in making the most of the knowledge resources at their disposal.
Using Strategy Analytics to Measure Corporate Performance and Business Value Creation
| Author | : Kautish, Sandeep |
| Publisher | : IGI Global |
| Total Pages | : 287 |
| Release | : 2021-06-25 |
| Genre | : Computers |
| ISBN | : 1799877183 |
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Strategic analytics is a relatively new field in conjunction with strategic management and business intelligence. Generally, the strategic management field deals with the enhancement of the decision-making capabilities of managers. Typically, such decision-making processes are heavily dependent upon various internal and external reports. Managers need to develop their strategies using clear strategy processes supported by the increasing availability of data. This situation calls for a different approach to strategy, including integration with analytics, as the science of extracting value from data and structuring complex problems. Using Strategy Analytics to Measure Corporate Performance and Business Value Creation discusses how to tackle complex business dynamics using optimization techniques and modern business analytics tools. It covers not only introductory concepts of strategic analytics but also provides strategic analytics applications in each area of management such as market dynamics, customer analysis, operations, and people management. It unveils the best industry practices and how managers can become expert strategists and analysts to better measure and enhance corporate performance and their businesses. This book is ideal for analysts, executives, managers, entrepreneurs, researchers, students, industry professionals, stakeholders, practitioners, academicians, and others interested in the strategic analytics domain and how it can be applied to complex business dynamics.
Data Strategy
| Author | : Bernard Marr |
| Publisher | : Kogan Page Publishers |
| Total Pages | : 201 |
| Release | : 2017-04-03 |
| Genre | : Business & Economics |
| ISBN | : 0749479868 |
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BRONZE RUNNER UP: Axiom Awards 2018 - Business Technology Category Less than 0.5 per cent of all data is currently analyzed and used. However, business leaders and managers cannot afford to be unconcerned or sceptical about data. Data is revolutionizing the way we work and it is the companies that view data as a strategic asset that will survive and thrive. Data Strategy is a must-have guide to creating a robust data strategy. Explaining how to identify your strategic data needs, what methods to use to collect the data and, most importantly, how to translate your data into organizational insights for improved business decision-making and performance, this is essential reading for anyone aiming to leverage the value of their business data and gain competitive advantage. Packed with case studies and real-world examples, advice on how to build data competencies in an organization and crucial coverage of how to ensure your data doesn't become a liability, Data Strategy will equip any organization with the tools and strategies it needs to profit from Big Data, analytics and the Internet of Things (IoT).
Applied Business Analytics
| Author | : Nathaniel Lin |
| Publisher | : Pearson Education |
| Total Pages | : 321 |
| Release | : 2015 |
| Genre | : Business & Economics |
| ISBN | : 0133481506 |
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Now that you've collected the data and crunched the numbers, what do you do with all this information? How do you take the fruit of your analytics labor and apply it to business decision making? How do you actually apply the information gleaned from quants and tech teams? Applied Business Analytics will help you find optimal answers to these questions, and bridge the gap between analytics and execution in your organization. Nathaniel Lin explains why "analytics value chains" often break due to organizational and cultural issues, and offers "in the trenches" guidance for overcoming these obstacles. You'll learn why a special breed of "analytics deciders" is indispensable for any organization that seeks to compete on analytics; how to become one of those deciders; and how to identify, foster, support, empower, and reward others who join you. Lin draws on actual cases and examples from his own experience, augmenting them with hands-on examples and exercises to integrate analytics at every level: from top-level business questions to low-level technical details. Along the way, you'll learn how to bring together analytics team members with widely diverse goals, knowledge, and backgrounds. Coverage includes: How analytical and conventional decision making differ -- and the challenging implications How to determine who your analytics deciders are, and ought to be Proven best practices for actually applying analytics to decision-making How to optimize your use of analytics as an analyst, manager, executive, or C-level officer
Business Analytics for Managers
| Author | : Gert H. N. Laursen |
| Publisher | : John Wiley & Sons |
| Total Pages | : 272 |
| Release | : 2010-06-15 |
| Genre | : Business & Economics |
| ISBN | : 0470901179 |
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World-class guidance for delivering the right decision support to the right people at the right time A vital blueprint for organizations that want to thrive in the competitive fray, Business Analytics for Managers presents a sustainable business analytics (BA) model focusing on the interaction of IT technology, strategy, business processes, and a broad spectrum of human competencies and organizational circumstances. Proven guidance on developing an information strategy Tips for supporting your company's ability to innovate in the future by using analytics An understanding of BA as a holistic information discipline with links to your business's strategy Practical insights for planning and implementing BA How to use information as a strategic asset Why BA is the next stepping-stone for companies in the information age today Discussion on BA's ever-increasing role Filled with examples and forward-thinking guidance from renowned BA leaders Gert Laursen and Jesper Thorlund, Business Analytics for Managers offers powerful techniques for making increasingly advanced use of information in order to survive any market conditions.
The Executive's Guide to AI and Analytics
| Author | : Scott Burk |
| Publisher | : CRC Press |
| Total Pages | : 138 |
| Release | : 2022-06-07 |
| Genre | : Business & Economics |
| ISBN | : 100059632X |
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The Problem? Companies are failing to deliver on AI and analytics with over half stating they are "not yet treating data as a business asset". Over half admit that they are not competing on data and analytics. Seven out of 10 companies in a 2020 MIT study reported minimal or no impact from AI so far. Among the 90% of companies that have made some investment in AI, fewer than 2 out of 5 (40%) report business gains from AI in the past three years. And only about 25% of organizations have actually forged this data-driven culture. Is investment lacking? No. Companies now are spending more than ever in data, analytics, and AI technologies. Is it a lack of technology? No. There are fascinating breakthroughs occurring on all fronts with image, voice, and streaming pattern recognition on the forefront. Is it a lack of technical talent? Not really. While some studies cite that we need to train more data scientists, developers, and related professionals, the curve of demand by supply is dampening. Is it a lack of creating an executable strategic plan? Yes. While there has been a lot of strategic wishing, organizations lack meaningful strategic plans. Specifically, the development of executable strategies and the leadership to see these strategies brought to fruition. This is the problem. Lack of execution and lack of incorporating key components that align and enable execution of the business strategy to delivery is killing AI and analytics programs. Scott Burk and Gary D. Miner have written this book for executives at all levels who are charged with executing on analytics that need to address this issue. The book provides unique insights into repairing the gaps that programs need to fill to provide value from analytics programs. It complements their three-part series, It’s All Analytics! by focusing on leadership decisions that augment data literacy, organizational architecture, and AI case studies.
