Data Driven Decision Making for Small Businesses

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Author :
Publisher : Numerical Insights LLC
ISBN 13 : 1470187450
Total Pages : 115 pages
Book Rating : 4.4/5 (71 download)

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Book Synopsis Data Driven Decision Making for Small Businesses by : Tracey Smith

Download or read book Data Driven Decision Making for Small Businesses written by Tracey Smith and published by Numerical Insights LLC. This book was released on 2012-07-02 with total page 115 pages. Available in PDF, EPUB and Kindle. Book excerpt: The reader of this book need not be a mathematician. This book is intended for the business-minded individual interested in learning about the strategic advantages which can be obtained from business analytics.Small Business Trends magazine reported that, "you don't need to be a Fortune 500 company with revenue in the stratosphere to benefit from the application of business intelligence. A simple analysis of data your business may already be collecting could hold the answer."Perhaps you would like to reduce your inventory, determine product and customer profitability, gain insight into customer ordering behaviour. Perhaps you would like to know where you are spending your business dollars or how to determine if your cash flow is getting better or worse. Is your business becoming more or less efficient as it grows? Perhaps you would like to predict upcoming retirements to determine the impact of the baby boomer generation on your organization.This book will present some of the simpler approaches to data analysis and will show the value of these analyses to business. The intent is to show the reader what is possible rather than teaching the mathematical techniques. From simple to the more advanced, this book will deliver a series of analytics suitable for anyone wishing to take their business to the next level.I will present a series of real-world case studies from various functional areas, the majority of which will be conducted with every day software that most businesses already possess.The book will go on to examine the advantages and disadvantages of trying to build these capabilities in-house and will provide a realistic view of the challenges associated with analytics in the business world.Finally, I will provide some advice on data analysis and visualization tools. Specifically, I will focus on the tools that are available to the reader for prices that are in line with typical office software.

Small Business Decision Making

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Author :
Publisher :
ISBN 13 :
Total Pages : 4 pages
Book Rating : 4.:/5 (31 download)

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Book Synopsis Small Business Decision Making by :

Download or read book Small Business Decision Making written by and published by . This book was released on 1989 with total page 4 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Data Science for Business

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Author :
Publisher : "O'Reilly Media, Inc."
ISBN 13 : 144937428X
Total Pages : 506 pages
Book Rating : 4.4/5 (493 download)

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Book Synopsis Data Science for Business by : Foster Provost

Download or read book Data Science for Business written by Foster Provost and published by "O'Reilly Media, Inc.". This book was released on 2013-07-27 with total page 506 pages. Available in PDF, EPUB and Kindle. Book excerpt: Written by renowned data science experts Foster Provost and Tom Fawcett, Data Science for Business introduces the fundamental principles of data science, and walks you through the "data-analytic thinking" necessary for extracting useful knowledge and business value from the data you collect. This guide also helps you understand the many data-mining techniques in use today. Based on an MBA course Provost has taught at New York University over the past ten years, Data Science for Business provides examples of real-world business problems to illustrate these principles. You’ll not only learn how to improve communication between business stakeholders and data scientists, but also how participate intelligently in your company’s data science projects. You’ll also discover how to think data-analytically, and fully appreciate how data science methods can support business decision-making. Understand how data science fits in your organization—and how you can use it for competitive advantage Treat data as a business asset that requires careful investment if you’re to gain real value Approach business problems data-analytically, using the data-mining process to gather good data in the most appropriate way Learn general concepts for actually extracting knowledge from data Apply data science principles when interviewing data science job candidates

Transforming Teaching and Learning Through Data-Driven Decision Making

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Author :
Publisher : Corwin Press
ISBN 13 : 1412982049
Total Pages : 281 pages
Book Rating : 4.4/5 (129 download)

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Book Synopsis Transforming Teaching and Learning Through Data-Driven Decision Making by : Ellen B. Mandinach

Download or read book Transforming Teaching and Learning Through Data-Driven Decision Making written by Ellen B. Mandinach and published by Corwin Press. This book was released on 2012-04-10 with total page 281 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Gathering data and using it to inform instruction is a requirement for many schools, yet educators are not necessarily formally trained in how to do it. This book helps bridge the gap between classroom practice and the principles of educational psychology. Teachers will find cutting-edge advances in research and theory on human learning and teaching in an easily understood and transferable format. The text's integrated model shows teachers, school leaders, and district administrators how to establish a data culture and transform quantitative and qualitative data into actionable knowledge based on: assessment; statistics; instructional and differentiated psychology; classroom management."--Publisher's description.

Helping Small Businesses Become More Data-Driven

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Author :
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)

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Book Synopsis Helping Small Businesses Become More Data-Driven by : Sagit Bar-Gill

Download or read book Helping Small Businesses Become More Data-Driven written by Sagit Bar-Gill and published by . This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: As more and more activities in the economy become digitized, analytics and data-driven decision-making (DDD) are becoming increasingly important. The adoption of analytics and DDD has been slower in small-to-medium enterprises (SMEs) compared to large firms, and reliable causal estimates of the impacts of analytics tools for small businesses have been lacking. We derive experiment-based estimates of the effect of an analytics tool on SME outcomes, analyzing the randomized introduction of eBay’s Seller Hub (SH), a data-rich seller dashboard. We find that SH adoption is associated with increased DDD, and that access to SH increases e-retailers’ revenues by 3.6% on average, as more items are transacted and service quality increases, without increases in average prices. Our results suggest that analytics and DDD help SMEs establish a competitive advantage. Managerial practices play an important role in reaping the benefits from the analytics dashboard, as over a third of the SH impact is driven by active performance monitoring. This suggests that digital platforms could increase revenues by supporting the adoption of analytics tools by SMEs. Furthermore, policies supporting small businesses' transition to the data era could address gaps in analytics and data-driven decision-making (DDD) by providing access to tools such as SH, as well as offering appropriate managerial training.

Data Driven Decision Making using Analytics

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Author :
Publisher : CRC Press
ISBN 13 : 1000506436
Total Pages : 151 pages
Book Rating : 4.0/5 (5 download)

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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 and published by CRC Press. This book was released on 2021-12-16 with total page 151 pages. 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.

Management Decision-Making, Big Data and Analytics

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Author :
Publisher : SAGE
ISBN 13 : 1529738288
Total Pages : 354 pages
Book Rating : 4.5/5 (297 download)

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Book Synopsis Management Decision-Making, Big Data and Analytics by : Simone Gressel

Download or read book Management Decision-Making, Big Data and Analytics written by Simone Gressel and published by SAGE. This book was released on 2020-10-12 with total page 354 pages. Available in PDF, EPUB and Kindle. Book excerpt: Accessible and concise, this exciting new textbook examines data analytics from a managerial and organizational perspective and looks at how they can help managers become more effective decision-makers. The book successfully combines theory with practical application, featuring case studies, examples and a ‘critical incidents’ feature that make these topics engaging and relevant for students of business and management. The book features chapters on cutting-edge topics, including: • Big data • Analytics • Managing emerging technologies and decision-making • Managing the ethics, security, privacy and legal aspects of data-driven decision-making The book is accompanied by an Instructor’s Manual, PowerPoint slides and access to journal articles. Suitable for management students studying business analytics and decision-making at undergraduate, postgraduate and MBA levels.

Winning with Data

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Publisher : John Wiley & Sons
ISBN 13 : 1119257239
Total Pages : 179 pages
Book Rating : 4.1/5 (192 download)

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Book Synopsis Winning with Data by : Tomasz Tunguz

Download or read book Winning with Data written by Tomasz Tunguz and published by John Wiley & Sons. This book was released on 2016-06-20 with total page 179 pages. Available in PDF, EPUB and Kindle. Book excerpt: Crest the data wave with a deep cultural shift Winning with Data explores the cultural changes big data brings to business, and shows you how to adapt your organization to leverage data to maximum effect. Authors Tomasz Tunguz and Frank Bien draw on extensive background in big data, business intelligence, and business strategy to provide a blueprint for companies looking to move head-on into the data wave. Instrumentation is discussed in detail, but the core of the change is in the culture—this book provides sound guidance on building the type of organizational culture that creates and leverages data daily, in every aspect of the business. Real-world examples illustrate these important concepts at work: you'll learn how data helped Warby-Parker disrupt a $13 billion monopolized market, how ThredUp uses data to process more than 20 thousand items of clothing every day, how Venmo leverages data to build better products, how HubSpot empowers their salespeople to be more productive, and more. From decision making and strategy to shipping and sales, this book shows you how data makes better business. Big data has taken on buzzword status, but there is little real guidance for companies seeking everyday business data solutions. This book takes a deeper look at big data in business, and shows you how to shift internal culture ahead of the curve. Understand the changes a data culture brings to companies Instrument your company for maximum benefit Utilize data to optimize every aspect of your business Improve decision making and transform business strategy Big data is becoming the number-one topic in business, yet no one is asking the right questions. Leveraging the full power of data requires more than good IT—organization-wide buy-in is essential for long-term success. Winning with Data is the expert guide to making data work for your business, and your needs.

Decision-Making for New Product Development in Small Businesses

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Author :
Publisher : Routledge
ISBN 13 : 9780367504120
Total Pages : 168 pages
Book Rating : 4.5/5 (41 download)

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Book Synopsis Decision-Making for New Product Development in Small Businesses by : Mary Haropoulou

Download or read book Decision-Making for New Product Development in Small Businesses written by Mary Haropoulou and published by Routledge. This book was released on 2020-04 with total page 168 pages. Available in PDF, EPUB and Kindle. Book excerpt: What goes on in a small firm that lives or dies by its capacity to innovate? How are decisions made on new product development, and how does that feed into the ecological, social and financial sustainability of the firm? This book answers the questions through an in-depth look at a small business that manufactures high-end carpet yarn. Using advanced analytical techniques to interrogate rich qualitative data, the book draws together established theories of decision-making and new product development, coupled with thinking about business sustainability to improve our understanding of this important area of business practice. The book further reinforces the importance and role of organizational learning in organizational decision-making, based on novel analysis of empirically developed qualitative data.

Data Driven

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Publisher : Harvard Business Press
ISBN 13 : 1422119122
Total Pages : 273 pages
Book Rating : 4.4/5 (221 download)

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Book Synopsis Data Driven by : Thomas C. Redman

Download or read book Data Driven written by Thomas C. Redman and published by Harvard Business Press. This book was released on 2008 with total page 273 pages. Available in PDF, EPUB and Kindle. Book excerpt: Your company's data has the potential to add enormous value to every facet of the organization -- from marketing and new product development to strategy to financial management. Yet if your company is like most, it's not using its data to create strategic advantage. Data sits around unused -- or incorrect data fouls up operations and decision making. In Data Driven, Thomas Redman, the "Data Doc," shows how to leverage and deploy data to sharpen your company's competitive edge and enhance its profitability. The author reveals: · The special properties that make data such a powerful asset · The hidden costs of flawed, outdated, or otherwise poor-quality data · How to improve data quality for competitive advantage · Strategies for exploiting your data to make better business decisions · The many ways to bring data to market · Ideas for dealing with political struggles over data and concerns about privacy rights Your company's data is a key business asset, and you need to manage it aggressively and professionally. Whether you're a top executive, an aspiring leader, or a product-line manager, this eye-opening book provides the tools and thinking you need to do that.

Data-Driven Decision Making for Long-Term Business Success

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Author :
Publisher : IGI Global
ISBN 13 :
Total Pages : 515 pages
Book Rating : 4.3/5 (693 download)

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Book Synopsis Data-Driven Decision Making for Long-Term Business Success by : Singh, Sonia

Download or read book Data-Driven Decision Making for Long-Term Business Success written by Singh, Sonia and published by IGI Global. This book was released on 2023-12-21 with total page 515 pages. Available in PDF, EPUB and Kindle. Book excerpt: In today's academic environment, the challenge of ensuring lasting commercial and economic success for organizations has become more daunting than ever before. The relentless surge in data-driven decision-making, based on innovative technologies such as blockchain, IoT, and AI, has created a digital frontier filled with complexity. Maintaining a healthy firm that can continually provide innovative products and services to the public while fueling economic growth has become a formidable puzzle. Moreover, this digital transformation has ushered in new risks, from pervasive cybersecurity threats to the ethical challenges surrounding artificial intelligence. In this evolving landscape, academic scholars face the pressing challenge of deciphering the path to long-term organizational prosperity in an era dominated by data. Data-Driven Decision Making for Long-Term Business Success serves as guidance and insights amidst this academic challenge. It is the definitive solution for scholars seeking to uncover the complexities of data-driven decision-making and its profound impact on organizational success. Each meticulously curated chapter delves into a specific facet of this transformative journey, from the implications of modern technologies and pricing optimization to the ethics underpinning data-driven strategies and the metaverse's influence on decision-making.

In Search of Excellence

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Publisher : Harper Collins
ISBN 13 : 0062263617
Total Pages : 404 pages
Book Rating : 4.0/5 (622 download)

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Book Synopsis In Search of Excellence by : Thomas J. Peters

Download or read book In Search of Excellence written by Thomas J. Peters and published by Harper Collins. This book was released on 2012-11-27 with total page 404 pages. Available in PDF, EPUB and Kindle. Book excerpt: The "Greatest Business Book of All Time" (Bloomsbury UK), In Search of Excellence has long been a must-have for the boardroom, business school, and bedside table. Based on a study of forty-three of America's best-run companies from a diverse array of business sectors, In Search of Excellence describes eight basic principles of management -- action-stimulating, people-oriented, profit-maximizing practices -- that made these organizations successful. Joining the HarperBusiness Essentials series, this phenomenal bestseller features a new Authors' Note, and reintroduces these vital principles in an accessible and practical way for today's management reader.

Business Analytics

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Publisher :
ISBN 13 : 9788126583843
Total Pages : pages
Book Rating : 4.5/5 (838 download)

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Book Synopsis Business Analytics by : U. Dinesh Kumar

Download or read book Business Analytics written by U. Dinesh Kumar and published by . This book was released on 2017 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Data Driven Decision Making

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Author :
Publisher : Palgrave Macmillan
ISBN 13 : 9789819729012
Total Pages : 0 pages
Book Rating : 4.7/5 (29 download)

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Book Synopsis Data Driven Decision Making by : Jeanne Poulose

Download or read book Data Driven Decision Making written by Jeanne Poulose and published by Palgrave Macmillan. This book was released on 2024-07-13 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book delves into contemporary business analytics techniques across sectors for critical decision-making. It combines data, mathematical and statistical models, and information technology to present alternatives for decision evaluation. Offering systematic mechanisms, it explores business contexts, factors, and relationships to foster competitiveness. Beyond managerial perspectives, it includes contributions from professionals, academics, and scholars worldwide, delivering comprehensive knowledge and skills through diverse viewpoints, cases, and applications of analytical tools. As an international business science reference, it targets professionals, academics, researchers, doctoral scholars, postgraduate students, and research organizations seeking a nuanced understanding of modern business analytics.

Data-Driven Decision Making

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Author :
Publisher : Independently Published
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.8/5 (517 download)

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Book Synopsis Data-Driven Decision Making by : Datawhiz S

Download or read book Data-Driven Decision Making written by Datawhiz S and published by Independently Published. This book was released on 2023-07-10 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the ever-evolving landscape of business, the power of data-driven decision making has become paramount. In the compelling book, "DATA-DRIVEN DECISION MAKING: Leveraging Analytics for Smarter Business Choices," Datawhiz takes you on a captivating journey into the world of data and analytics, unraveling the secrets to making informed choices that propel success. Discover how to navigate the complex realm of data and leverage cutting-edge analytics techniques to gain a competitive edge. Through expert guidance and real-world examples, Datawhiz illuminates the path to unlocking hidden insights and making data-driven decisions that revolutionize your business trajectory. With an emphasis on SEO optimization, this book ensures discoverability with critical keywords and targeted content, making it a must-read resource for individuals and organizations seeking to excel in data-driven decision making. From data quality assurance to predictive analytics, Datawhiz provides a comprehensive guide to mastering the art and science of data analysis. Unleash the power of data to gain deep customer insights, optimize operational efficiency, and drive revenue growth. Whether you're a business leader, entrepreneur, or aspiring data analyst, this book equips you with the tools and knowledge to harness the full potential of analytics and make smarter choices that propel your success. Don't miss your chance to embark on this thrilling journey into the world of data-driven decision making. With Datawhiz's engaging storytelling, practical strategies, and actionable advice, you'll transform raw data into actionable insights that fuel your business's growth. Embrace the era of data-driven success and seize opportunities that others overlook. Get your copy of "DATA-DRIVEN DECISION MAKING: Leveraging Analytics for Smarter Business Choices" today and unlock a world of possibilities in the data-driven era. Empower yourself with the knowledge, skills, and confidence to make data-driven decisions that propel your business to new heights.

Data-Driven Approaches for Effective Managerial Decision Making

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Author :
Publisher : Business Science Reference
ISBN 13 : 9781668475683
Total Pages : 0 pages
Book Rating : 4.4/5 (756 download)

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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 and published by Business Science Reference. This book was released on 2023 with total page 0 pages. 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.

Decision-making for New Product Development in Small Businesses

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Author :
Publisher : Routledge
ISBN 13 : 1351730495
Total Pages : 174 pages
Book Rating : 4.3/5 (517 download)

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Book Synopsis Decision-making for New Product Development in Small Businesses by : Mary Haropoulou

Download or read book Decision-making for New Product Development in Small Businesses written by Mary Haropoulou and published by Routledge. This book was released on 2018-12-07 with total page 174 pages. Available in PDF, EPUB and Kindle. Book excerpt: What goes on in a small firm that lives or dies by its capacity to innovate? How are decisions made on new product development, and how does that feed into the ecological, social and financial sustainability of the firm? This book answers the questions through an in-depth look at a small business that manufactures high-end carpet yarn. Using advanced analytical techniques to interrogate rich qualitative data, the book draws together established theories of decision-making and new product development, coupled with thinking about business sustainability to improve our understanding of this important area of business practice. The book further reinforces the importance and role of organizational learning in organizational decision-making, based on novel analysis of empirically developed qualitative data.