Price: $51.95
(as of Nov 29,2024 04:55:03 UTC – Details)

ASIN ‏ : ‎ B087QMFFQF
Publisher ‏ : ‎ SAGE Publications Ltd; 1st edition (October 12, 2020)
Publication date ‏ : ‎ October 12, 2020
Language ‏ : ‎ English
File size ‏ : ‎ 7858 KB
Text-to-Speech ‏ : ‎ Enabled
Enhanced typesetting ‏ : ‎ Enabled
X-Ray ‏ : ‎ Not Enabled
Word Wise ‏ : ‎ Enabled
Print length ‏ : ‎ 336 pages
Page numbers source ISBN ‏ : ‎ 1526492008

In today’s rapidly evolving business landscape, the ability to make informed decisions based on data-driven insights has become essential for effective management. Big data and analytics have revolutionized the way organizations operate, providing valuable information that can be used to drive strategic decision-making.

Management decision-making is a critical aspect of leadership, as it involves analyzing various factors and determining the best course of action to achieve organizational goals. With the vast amount of data available today, managers have access to a wealth of information that can be used to make more informed and impactful decisions.

Big data allows organizations to collect, store, and analyze large volumes of data from a variety of sources, including customer interactions, sales figures, and market trends. By utilizing advanced analytics tools, managers can uncover valuable insights that can help them make better decisions and drive business success.

Incorporating big data and analytics into management decision-making processes can lead to a number of benefits, including:

1. Improved decision-making: By leveraging data-driven insights, managers can make more informed decisions that are based on facts rather than intuition.

2. Increased efficiency: Analyzing data can help organizations identify areas for improvement and streamline processes to increase efficiency and productivity.

3. Enhanced competitiveness: By utilizing big data and analytics, organizations can stay ahead of the competition by identifying trends and opportunities before their competitors.

4. Better customer experiences: By analyzing customer data, organizations can tailor their offerings to meet the needs and preferences of their target audience, leading to improved customer satisfaction and loyalty.

Overall, management decision-making, big data, and analytics go hand in hand in today’s business environment. By harnessing the power of data-driven insights, managers can drive strategic decision-making, improve operations, and ultimately achieve organizational success.
#Management #DecisionMaking #Big #Data #Analytics