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Frequently Asked Questions about Decision Support Systems by Dan Power

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50 results for "Analytical Information Systems"

Question	Category	Date
What is analytical processing? by Dan Power Editor, DSSResources.com Transforming data and summarizing it is a key task in many decision making situations. Once this task is co...	DSS Foundations	Feb 12, 2010
Can decision makers improve their intuition? by Daniel J. Power Editor, DSSResources.COM Possibly. First, one must recognize when intuition is dominating the facts or supporting them in a de...	DSS Foundations	Apr 22, 2018
What are Analytical Information Systems? by Dan Power Editor, DSSResources.com Analytical Information Systems provide information, analysis and possibly recommendations. Henry Morri...	DSS Foundations	Dec 29, 2015
What is the impact of decision support on cognitive biases, decision style and risk attitudes? by Daniel J. Power, Editor of DSSResources.com Cognitive bias, decision styles and risk attitudes impact the use and effectiveness of decision su...	DSS Foundations	Mar 13, 2019
Can decision support help political leaders make decisions? by Daniel J. Power Editor, DSSResources.COM For many years, I have been systematically reading books by and about Herbert Clark Hoover and Henry ...	DSS Foundations	Jan 25, 2014
How important is forecasting decision support? by Daniel J. Power Editor, DSSResources.COM Decision support and analytical systems that use data sets with models and statistical analyses remain...	DSS Foundations	Jul 12, 2015
What is the Analytical Hierarchy Process (AHP)? Better known as "AHP", pronouncing each letter ("A" -- "H" -- "P"), this decision structuring tool is well-kno...	Model-driven DSS	Aug 07, 2005
What is conversational analytics? by Daniel J. Power Editor, DSSResources.COM Kasera, V., R. Tandon, & A.Yeung, "Conversational Analytics for a Voice-driven World," ThoughtSpot W...	DSS Foundations	Jul 10, 2019
What is an enterprise-class translytical database? by Daniel J. Power and Ciara Heavin Translytical is a portmanteau word, in that parts of the words transaction and analytical are combined to form...	DSS Foundations	Oct 02, 2017
How do data analytics support data-based decision-making? by Ciara Heavin and Daniel J. Power Analysis of data or data analytics is an integral component of a successful organizational digital transforma...	DSS Foundations	Nov 27, 2017
How does a data architecture impact decision support capabilities? by Daniel J. Power Editor, DSSResources.COM A data architecture is important, but sometimes the task of creating a formal architecture document se...	DSS Foundations	Mar 31, 2015
What are the origins of SIG DSS? by Dan Power Editor, DSSResources.com SIG DSS is the Special Interest Group about Decision Support and Analytical Information Systems affiliated ...	AIS SIG DSS	Feb 13, 2014
What is DSS 2.0? by Daniel J. Power Editor, DSSResources.COM Discontinuities and major technology change can result in improving and significantly altering the sc...	DSS Foundations	Jul 19, 2014
How do experience and self-discipline impact agility? Daniel J. Power Editor, DSSResources.com Mental agility can be acquired, learned and practiced. People can become more analytical and can think an...	DSS Foundations	Sep 05, 2019
What is a DSS cost benefit analysis? by Dan Power Editor, DSSResources.com Decision support system cost benefit analysis is one technique used to determine if a proposed DSS should b...	DSS Foundations	Jul 18, 2010
What is analytics? by Dan Power Editor, DSSResources.COM Analytics refers to quantitative and statistical analysis of data. Analytic capabilities are important in...	DSS Foundations	Oct 07, 2020
What are key skills of data-based decision makers? by Ciara Heavin and Daniel J. Power Decision making habits are often learned by trial and error. Decision making skills should be learned through...	DSS Foundations	Mar 18, 2018
Is a Data Warehouse a DSS? What is a star schema? No, a data warehouse is not a Decision Support System. A data warehouse is however usually the "driver" and dominant component for a Data-dr...	Data-driven DSS	Aug 06, 2005
What are the features of a data-driven DSS? by Daniel J. Power Editor, DSSResources.COM Data-driven DSS are the most common of the five types of decision support systems in the expanded DSS...	Data-driven DSS	Mar 02, 2007
Is Amazon Web Services a 'good fit' for decision support and OLTP? by Daniel J. Power Editor, DSSResources.COM Amazon Web Services (AWS) hosts many popular Web applications including: Instagram, Vine, IFTTT, Netf...	DSS Foundations	Aug 25, 2013
What factors influence corporate acquisition decision-making success? Daniel J. Power Editor, DSSResources.COM In 2017 in the United States, there were a record number of merger and acquisition transactions with 15,1...	DSS Foundations	May 01, 2019
What should managers know about predictive analytics and model-driven decision support? by Dan Power Editor, DSSResources.COM Companies are implementing predictive analytics and quantitative models to assist managers. There remain ...	DSS Foundations	Aug 19, 2012
How is data management linked to analytics and decision support? by Daniel Power Editor, DSSResources.com Data management or data resource management refers to activities and tasks associated with capturing, or...	DSS Foundations	Aug 30, 2016
What is machine learning? by Daniel J. Power Editor, DSSResources.COM "A computing machine learns to make and improve its predictions by performing calculations from data a...	DSS Foundations	Apr 01, 2017
What if decision support is incorrect? by Dan Power Editor, DSSResources.COM Analytics and decision support are intended to improve decision making. Both types of systems commonly prov...	DSS Foundations	Apr 14, 2015
How has data warehouse usage evolved? by Daniel J. Power Editor, DSSResources.COM It seems managers have accepted the idea of creating a separate data warehouse. Analytical and decisi...	DSS Foundations	Apr 30, 2014
What is a data warehouse? by Dan Power Editor, DSSResources.com A data warehouse is a database designed to support decision making in organizations. It stores historical o...	DSS Foundations	Nov 28, 2010
What is the need for decision support? by Daniel J. Power Editor, DSSResources.com There is a growing need for decision support: 1) decision-making is challenging and the challenge to ...	DSS Foundations	Apr 29, 2017
What are best practices for BI reports? by Dan Power Editor, DSSResources.com Structured, periodic reports remain at the center of data-driven decision support for managerial decision...	Building DSS	Nov 15, 2007
Where can I find or download a DSS demo? Requests for information about DSS demonstration software is a frequent email question. The answer changes however depending upon what vendors are cur...	DSS Applications	Aug 07, 2005
What are critical success factors for using advanced analytics? by Daniel J. Power Editor, DSSResources.COM Presence of critical success factors (CSF) influence the performance of a task, project or organizati...	DSS Foundations	Dec 21, 2013
What do I need to know about Data Warehousing/OLAP? by Daniel J. Power Editor, DSSResources.COM A data warehouse is a central, integrated repository for historical, enterprise data from multiple bus...	Data-driven DSS	Oct 12, 2014
How important is a robust decision support capability? by Dan Power Editor, DSSResources.com A robust decision support capability is perhaps desirable. Robust means a decision support system (DSS) req...	DSS Foundations	Nov 10, 2013
What is digital organizational management? Daniel J. Power and Ciara Heavin Organizational management is a process of structuring, planning and directing resources and people to achieve goa...	DSS Foundations	Aug 29, 2020
What are the components of a decision support system? by Dan Power Editor, DSSResources.com Traditionally, academics and practitioners have discussed building a decision support system (DSS) in terms...	DSS Theory	Aug 26, 2005
What factors indicate a special study is more appropriate than a DSS? by Dan Power Editor, DSSResources.com Personal and organizational factors, cultural factors, decision factors, information factors and psycholog...	Building DSS	Dec 26, 2015
What are Drucker's views on planning and decision making? by Daniel J. Power Editor, DSSResources.com Peter Drucker (November 19, 1909 – November 11, 2005) was an influential management thinker. His w...	DSS Foundations	Apr 23, 2018
What will the DSS headline be in FORTUNE Magazine in 2010? By Dan Power Editor, DSSResources.com Readers may recall my promise in the September 25, 2005 trip report from Teradata Partners to discuss this...	DSS Foundations	Oct 22, 2006
What is the history of computerized decision support? by Dan Power Editor, DSSResources.com Supposedly, if we study history we are less likely to make the same mistakes again. Decision support was on...	DSS Foundations	Jun 10, 2009
What role does a data steward have in providing decision support? by Daniel J. Power Editor, DSSResources.COM All varieties of data-driven decision support, whether an integrated application, a business intellig...	DSS Foundations	Apr 27, 2013
What skills do data-driven decision makers need? by Daniel J. Power Editor, DSSResources.COM Decision making habits are often learned by trial and error. Decision making skills are learned throu...	DSS Foundations	Dec 22, 2014
What is the job of a decision support analyst? by Dan Power Editor, DSSResources.com Job titles often summarize job duties and sometimes the title conveys prestige or reflects the responsibli...	DSS Foundations	Jul 30, 2012
Is the technology acceptance model relevant to decision support? by Daniel Power Editor, DSSResources.com Substantial resources are expended building and installing decision support systems. Some guidance about...	DSS Foundations	Jul 31, 2016
Why do some managers resist using DSS? by Daniel Power Editor, DSSResources.com Opposing change, especially technology change, is common and often times misguided. Rational opposition ...	DSS Foundations	Nov 22, 2020
What is a client/server architecture for DSS? by Dan Power Editor, DSSResources.com Most decision support systems (DSS) are built within the context of a corporate-wide client/server architec...	DSS Foundations	Jun 03, 2010
What are ethical issues associated with building and using DSS? by Daniel J. Power Editor, DSSResources.com Decision support builders and users face ethical challenges and issues. Some people think that bui...	Evaluating DSS Projects	May 10, 2019
What is a decision question? by Daniel J. Power Editor, DSSResources.COM What should we do? Who should do it? Where should a new facility be located? How should a new product...	DSS Foundations	Nov 13, 2019
How complex is managing? Daniel J. Power Editor, DSSResources.com Management roles are increasingly specialized, management tasks are often complex, and projects have expa...	DSS Foundations	Aug 28, 2019
How important are pivot tables in data-driven decision support? by Dan Power Editor, DSSResources.com Some analysis tools are used more and are used more effectively than others. For example, pivot tables hav...	DSS Foundations	Jun 25, 2011
What is the theory of relational databases? by Dan Power Editor, DSSResources.com Relational databases organize data elements in clusters that are meaningful to users and useful for perform...	DSS Foundations	Apr 11, 2010

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