Harness data within the supply chain using this accessible guide on how to examine, evaluate and apply business analytics models.
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Harness data within the supply chain using this accessible guide on how to examine, evaluate and apply business analytics models.
Qualitative and quantitative techniques to apply decision analysis to real-world decision problems, supported by sound mathematics, best practices, soft skills, and more With substantive illustrations based on the authors’ personal experiences throughout, Handbook of Decision Analysis describes the philosophy, knowledge, science, and art of decision analysis. Key insights from decision analysis applications and behavioral decision analysis research are presented, and numerous decision analysis textbooks, technical books, and research papers are referenced for comprehensive coverage. This book does not introduce new decision analysis mathematical theory, but rather ensures the reader can understand and use the most common mathematics and best practices, allowing them to apply rigorous decision analysis with confidence. The material is supported by examples and solution steps using Microsoft Excel and includes many challenging real-world problems. Given the increase in the availability of data due to the development of products that deliver huge amounts of data, and the development of data science techniques and academic programs, a new theme of this Second Edition is the use of decision analysis techniques with big data and data analytics. Written by a team of highly qualified professionals and academics, Handbook of Decision Analysis includes information on: Behavioral decision-making insights, decision framing opportunities, collaboration with stakeholders, information assessment, and decision analysis modeling techniques Principles of value creation through designing alternatives, clear value/risk tradeoffs, and decision implementation Qualitative and quantitative techniques for each key decision analysis task, as opposed to presenting one technique for all decisions. Stakeholder analysis, decision hierarchies, and influence diagrams to frame descriptive, predictive, and prescriptive analytics decision problems to ensure implementation success Handbook of Decision Analysis is a highly valuable textbook, reference, and/or refresher for students and decision professionals in business, management science, engineering, engineering management, operations management, mathematics, and statistics who want to increase the breadth and depth of their technical and soft skills for success when faced with a professional or personal decision.
Business decisions in any context—operational, tactical, or strategic—can have considerable consequences. Whether the outcome is positive and rewarding or negative and damaging to the business, its employees, and stakeholders is unknown when action is approved. These decisions are usually made under the proverbial cloud of uncertainty. With this practical guide, data analysts, data scientists, and business analysts will learn why and how maximizing positive consequences and minimizing negative ones requires three forms of rich information: Descriptive analytics explores the results from an action—what has already happened. Predictive analytics focuses on what could happen. The third, prescriptive analytics, informs us what should happen in the future. While all three are important for decision-makers, the primary focus of this book is on the third: prescriptive analytics. Author Walter R. Paczkowski, Ph.D. shows you: The distinction among descriptive, predictive, and prescriptive analytics How predictive analytics produces a menu of action options How prescriptive analytics narrows the menu of action options The forms of prescriptive analytics: eight prescriptive methods Two broad classes of these methods: non-stochastic and stochastic How to develop prescriptive analyses for action recommendations Ways to use an appropriate tool-set in Python
Augmented Analytics isn't just another book on data and analytics; it's a holistic resource for reimagining the way your entire organization interacts with information to become insight-driven. Moving beyond traditional, limited ways of making sense of data, Augmented Analytics provides a dynamic, actionable strategy for improving your organization's analytical capabilities. With this book, you can infuse your workflows with intelligent automation and modern artificial intelligence, empowering more team members to make better decisions. You'll find more in these pages than just how to add another forecast to your dashboard; you'll discover a complete approach to achieving analytical excellence in your organization. You'll explore: Key elements and building blocks of augmented analytics, including its benefits, potential challenges, and relevance in today's business landscape Best practices for preparing and implementing augmented analytics in your organization, including analytics roles, workflows, mindsets, tool sets, and skill sets Best practices for data enablement, liberalization, trust, and accessibility How to apply a use-case approach to drive business value and use augmented analytics as an enabler, with selected case studies This book provide a clear, actionable path to accelerate your journey to analytical excellence.
Master the art and science of analytics engineering with 'Fundamentals of Analytics Engineering.' This book takes you on a comprehensive journey from understanding foundational concepts to implementing end-to-end analytics solutions. You'll gain not just theoretical knowledge but practical expertise in building scalable, robust data platforms to meet organizational needs. What this Book will help me do Design and implement effective data pipelines leveraging modern tools like Airbyte, BigQuery, and dbt. Adopt best practices for data modeling and schema design to enhance system performance and develop clearer data structures. Learn advanced techniques for ensuring data quality, governance, and observability in your data solutions. Master collaborative coding practices, including version control with Git and strategies for maintaining well-documented codebases. Automate and manage data workflows efficiently using CI/CD pipelines and workflow orchestrators. Author(s) Dumky De Wilde, alongside six co-authors-experienced professionals from various facets of the analytics field-delivers a cohesive exploration of analytics engineering. The authors blend their expertise in software development, data analysis, and engineering to offer actionable advice and insights. Their approachable ethos makes complex concepts understandable, promoting educational learning. Who is it for? This book is a perfect fit for data analysts and engineers curious about transitioning into analytics engineering. Aspiring professionals as well as seasoned analytics engineers looking to deepen their understanding of modern practices will find guidance. It's tailored for individuals aiming to boost their career trajectory in data engineering roles, addressing fundamental to advanced topics.
This textbook provides students with the skills to analyse business case studies from a strategic perspective.
Explore the comprehensive world of UX analytics with "Unleashing the Power of UX Analytics." This book uncovers proven techniques to collect, analyze, and interpret crucial data for enhancing user experiences. Through practical insights and methodologies, you'll master the art of creating empathetic, data-informed designs that meet user needs effectively. What this Book will help me do Master the techniques for effective qualitative and quantitative user data analysis. Learn to implement and interpret key UX metrics and KPIs to guide design processes. Understand and apply design thinking to bridge user goals with business objectives. Discover how to utilize and integrate UX analytics tools and methodologies. Learn strategies for presenting research findings and making impactful data-driven recommendations. Author(s) Jeff Hendrickson is a seasoned UX designer, researcher, and analytics expert with over a decade of experience in the field. His approach emphasizes empathy and user needs in driving design solutions, combining his background in psychology and data analysis. Jeff's ability to translate complex analytics into actionable insights makes his writing relatable and pragmatic for professionals. Who is it for? This book is perfect for UX researchers, product managers, and designers who aim to deepen their understanding of UX analytics. Whether you're an experienced professional or just beginning your journey, you'll gain the tools to make informed, user-centric decisions. If you're eager to enhance your design impact through analytics, this book is for you.
Essentials of Business Research Methods provides an accessible and comprehensive introduction to research methods and analytical techniques for business students.
Understand the essentials of people analytics and learn how to find, collect, analyse and apply data to add business value with the second edition of this guide.
Digital Pricing Strategy provides a best practice overview of how companies design, analyse and execute digital pricing strategies.
In Industry 4.0, intelligent analytics has a broader scope in terms of descriptive, predictive, and prescriptive sub-domains. To this end, the book will aim to review and highlight the challenges faced by Intelligent Analytics in Industry 4.0 and present the recent developments done to address those challenges.
Upgrade your career and organization with this handbook offering expert guidance on the business analysis role, supported by tools and templates.
Over the past 10 years, data analytics and data visualization have become essential components of an enterprise information strategy. And yet, the adoption of data analytics has remained remarkably static, reaching no more than 30% of potential users. This book explores the most important techniques for taking that adoption further: embedding analytics into the workflow of our everyday operations. Authors Donald Farmer and Jim Horbury show business users how to improve decision making without becoming analytics specialists. You'll explore different techniques for exchanging data, insights, and events between analytics platforms and hosting applications. You'll also examine issues including data governance and regulatory compliance and learn best practices for deploying and managing embedded analytics at scale. Learn how data analytics improves business decision making and performance Explore advantages and disadvantages of different embedded analytics platforms Develop a strategy for embedded analytics in an organization or product Define the architecture of an embedded solution Select vendors, platforms, and tools to implement your architecture Hire or train developers and architects to build the embedded solutions you need Understand how embedded analytics interacts with traditional analytics
What Every Engineer Should Know About Data-Driven Analytics provides a comprehensive introduction to the machine learning theoretical concepts and approaches that are used in predictive data analytics through practical applications and case studies.
Increase adoption and usage of data analytics with a step-by-step agile process to gain stakeholder buy-in and create actionable business value.
From a global pandemic to extreme weather, the events of 2020 and 2021 have caused organizations to make quick and constant adjustments to their strategy and operations. This transformation is likely to continue and have a major impact on analytics. Not only do responders to Experian's annual Global Data Management survey confirm more demand for data insights, but most of them also believe the lack of agility hurt their organization's responses to fast-changing business needs. With this O'Reilly report, you'll learn how organizations have begun to take new approaches to analytics for business reinvention and digital transformation. Chief analytics and data officers and data analytics, data science, data visualization leaders will explore converged analytics and find out how it differs from legacy and current analytics approaches. You'll see where your organization stands in its journey to convergence--and what you need to do next. This report helps you: Examine how three organizations in different industries and with different objectives have benefited from modern analytics Learn how analytics has evolved to support greater business agility at scale Examine the alignment of people, processes, tools, and data in converged analytics Learn the five stages of analytical competition and six dimensions for benchmarking maturity Explore practices that you can adopt to improve your analytics capabilities and your agility
Professionals are challenged each day by a changing landscape of technology and terminology. In recent history, especially the last 25 years there has been an explosion of terms and methods born that automate and improve decision-making and operations.
Harness data within the supply chain using this accessible guide on how to examine, evaluate and apply business analytics models.
Handbook of Analytical Quality by Design addresses the steps involved in analytical method development and validation in an effort to avoid quality crises in later stages. The AQbD approach significantly enhances method performance and robustness which are crucial during inter-laboratory studies and also affect the analytical lifecycle of the developed method. Sections cover sample preparation problems and the usefulness of the QbD concept involving Quality Risk Management (QRM), Design of Experiments (DoE) and Multivariate (MVT) Statistical Approaches to solve by optimizing the developed method, along with validation for different techniques like HPLC, UPLC, UFLC, LC-MS and electrophoresis. This will be an ideal resource for graduate students and professionals working in the pharmaceutical industry, analytical chemistry, regulatory agencies, and those in related academic fields. Concise language for easy understanding of the novel and holistic concept Covers key aspects of analytical development and validation Provides a robust, flexible, operable range for an analytical method with greater excellence and regulatory compliance
In "Building Analytics Teams," author John K. Thompson draws from over three decades of experience in analytics and management to guide you through creating an impactful analytics team. The book emphasizes key strategies for hiring, managing, and leading analytics experts to drive business improvements and achieve organizational success. What this Book will help me do Develop the skills to build and lead high-performing analytics and AI teams. Gain insights into selecting impactful projects that drive measurable business outcomes. Understand how to cultivate successful collaborations with cross-functional business teams. Learn techniques to effectively communicate analytics-driven strategies to executives. Master strategies to navigate organizational and technological challenges in data initiatives. Author(s) John K. Thompson is a seasoned analytics and AI practitioner with over 30 years of experience leading data-driven transformations for dynamic organizations. Renowned for his strategic and pragmatic approach, John crafts hands-on methodologies to unlock the potential of analytics teams. His passion for mentoring fuels his engaging and insightful writing style. Who is it for? This book is ideal for senior executives and managers aiming to harness analytics and AI to transform their organizations. It's also tailored for analytics professionals who want to elevate their team's operational success. No matter your current experience, you'll find strategies to optimize your analytics initiatives and deliver impactful results.