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Frequently Asked Questions about Decision Support Systems by Dan Power

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50 results for "DSS opportunities"

Question	Category	Date
How can managers identify opportunities to create innovative DSS? by Dan Power Editor, DSSResources.com Once a manager believes it is possible to gain significant benefits or even a competitive advantage from ...	Evaluating DSS Projects	Dec 12, 2007
What is decision support planning? by Dan Power Editor, DSSResources.com Decision support planning is an anticipatory decision-making process that involves critical thinking about ...	DSS Theory	Jun 23, 2009
What are the advantages of building and using a data warehouse? by Daniel J. Power Editor, DSSResources.com Major advantages include: 1. Developing a data warehouse (DW) forces an organization to better un...	DSS Foundations	Oct 15, 2016
How does the Internet of Things change decision support? by Daniel J. Power Editor, DSSResources.COM Speculation about the Internet of Things (IoT) is increasing and new devices linked to the Internet ar...	DSS Foundations	Dec 10, 2014
What are current trends in BI and Data Analytics? by Ciara Heavin and Daniel J. Power For the foreseeable future, Business Intelligence and data analytics technologies will continue as key enable...	DSS Foundations	Feb 18, 2017
What is opportunistic decision making? by Daniel J. Power Editor, DSSResources.COM An opportunity is a potential action that if implemented is likely to help attain a desired goal. Som...	DSS Foundations	Apr 23, 2018
How can decision support create competitive advantage? by Daniel J. Power Editor, DSSResources.COM Managers want to create capabilities that provide a competitive advantage. Decision support, analyti...	DSS Theory	Mar 02, 2013
What are current developments and issues related to group decision support? by Dan Power Editor, DSSResources.com Specialized decision rooms with fixed desktop computers have become largely obsolete. Team rooms and corpo...	DSS Foundations	Dec 31, 2013
What is the best data analytics approach? by Ciara Heavin and Daniel J. Power Selecting the most appropriate data analytics approach and tools for a specific task or project can be very c...	DSS Foundations	Sep 18, 2017
How does the Internet of Things (IoT) support decision making? by Daniel J. Power Editor, DSSResources.COM Supporting decision making is broadening in its scope and in available capabilities. According to Pow...	DSS Foundations	Aug 19, 2018
How do decision-making models relate to the design and use of DSS? by Dan Power Editor, DSSResources.com Both descriptive and prescriptive quantitative decision making model asre important to understanding compu...	DSS Theory	Mar 07, 2015
What is decision-oriented diagnosis for building DSS? by Dan Power Editor, DSSResources.com Decision-oriented diagnosis is an approach and a way of analyzing the need for computerized decision sup...	Building DSS	Aug 22, 2007
What is mobile decision support? Daniel J. Power Editor, DSSResources.com Mobile devices can empower decision makers. Mobile decision support uses wireless technology and portable...	DSS Theory	Nov 11, 2012
What is surveillance analytics? Ciara Heavin and Daniel J. Power Monitoring and tracking of what is occurring is not a new phenomenon. People and various activities have been obs...	DSS Foundations	Dec 05, 2020
What is mobile business analytics and intelligence? by Daniel J. Power and Ciara Heavin Decision support "on-the-go" is expanding in terms of capabilities. Off premise BI, Mobile BI or Mobile Intell...	DSS Foundations	Jan 21, 2017
What is digital disruption? by Daniel J. Power Editor, DSSResources.COM Digital disruption can be viewed as either a problem or as an opportunity or even perhaps as both sim...	DSS Foundations	May 14, 2019
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 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
Is reengineering needed to build an effective DSS? by Dan Power Editor, DSSResources.com No! Some specific business decision processes have serious weaknesses and problems that can be solved by i...	Building DSS	Nov 15, 2007
How do data-driven, data-based and data-informed decision making differ? by Ciara Heavin and Daniel J. Power Managers are preoccupied with making better use of data – internal organizational data, customer data, supp...	DSS Foundations	Jul 24, 2017
How can managers cope with digital disruption? by Daniel J. Power and Ciara Heavin Nineteen fifty one (1951) marks the beginning of the first wave of economic and social digital disruption and tr...	DSS Foundations	Jun 25, 2018
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
Are Executive Information Systems (EIS) needed? by Dan Power Editor, DSSResources.com At least 30 years ago, Chief Executive Officers (CEOs) began going online for information (cf., Rockhart, ...	Data-driven DSS	Sep 17, 2008
What are examples of data science jobs? by Daniel J. Power Editor, DSSResources.COM Data scientist is the "new", "hot", "sexy" and high paying job associated with decision support and...	DSS Foundations	Feb 22, 2014
How can analytics and decision support reduce insurance fraud? by Daniel J. Power Editor, DSSResources.COM Preventing and detecting insurance fraud is a critical task at insurance companies. There is some evi...	DSS Foundations	Mar 02, 2014
What is the relationship between DSS and BAM? by Dan Power Editor, DSSResources.com Business Activity Monitoring (BAM) is the "real-time" evolution or descendant of the Executive Information...	Building DSS	Jul 09, 2016
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
What is the role of decision support in virtual organizations? by Dan Power Editor, DSSResources.com Computerized decision support helps make virtual organizations possible. DSS is an enabler and a facilitat...	Communications-driven DSS	Mar 06, 2016
What is a decision-centric organization? by Daniel J. Power Editor, DSSResources.COM Good decisions are important to organization success, but awareness of many important decisions i...	DSS Foundations	Sep 15, 2013
What is a decision process audit? by Dan Power Editor, DSSResources.com Increasing decision-making effectiveness should be the major objective for any DSS project. Stabell (1983) ...	DSS Foundations	Jul 07, 2009
How should managers implement an Intelligent Automation strategy? Daniel J. Power Intelligent automation (IA) is changing business operations and it is necessary to implement such systems to stay competitive in ma...	DSS Foundations	Jul 31, 2020
How should digital ethics impact analytics and data mining? by Ciara Heavin and Daniel J. Power Ethics should guide analytics, data mining, decision support, and decision making. Big data and new analytica...	DSS Foundations	Mar 23, 2019
What are Decision Support technology trends? At the turn of the year, it is common to think about trends and future developments related to many topics. The pace of technology change is speeding ...	Evaluating DSS Projects	Aug 07, 2005
What is data exploration? by Daniel J. Power Editor, DSSResources.COM Explorers venture into the unknown. A modern data explorer wants to find evidence and answers from da...	DSS Foundations	Jul 16, 2018
What decision support data should be anonymous, confidential, private? by Daniel Power Editor, DSSResources.com Big data can mean big problems for individuals and organizations. Edward Snowden's NSA leaks demonstrat...	DSS Foundations	Sep 29, 2013
Can DSS enhance sustainability efforts? by Dan Power Editor, DSSResources.com Sustainability is the capacity to endure. Computerized decision support can potentially help managers and i...	DSS Foundations	Jul 30, 2012
What is an Interorganizational DSS? by Dan Power Editor, DSSResources.com Inter-organizational DSS serve a company's customers, stockholders, bankers and/or suppliers. The purpose i...	DSS Foundations	Mar 18, 2011
What is the Pareto Principle? by Daniel J. Power and Ciara Heavin Becoming agile means a person, a group, and the organization team as a whole understands and applies the Paret...	DSS Foundations	Jan 30, 2020
Should managers build decision support applications? by Dan Power Editor, DSSResources.com Managers get paid to manage, but in some situations managers can build computerized decision support capabi...	DSS Foundations	Feb 02, 2013
How does business analytics differ from data analytics? by Daniel J. Power Editor, DSSResources.COM Both business analytics and data analytics are relatively new terms in the business lexicon. Students...	DSS Foundations	Jun 24, 2018
Why study computerized decision support? by Dan Power Editor, DSSResources.com Using information technologies to improve decision making is interesting and important. Sadly, we seem to ...	DSS Foundations	Feb 05, 2012
What is Alter's DSS taxonomy? by Daniel J. Power Editor, DSSResources.com In the mid-1970s, the first wave of computerized decision support systems (DSS) became practical. St...	DSS Foundations	Jun 18, 2018
What is the future of decision support and analytics? by Daniel J. Power Editor, DSSResources.COM Decision support and business analytics can provide managers the numbers and metrics for both day-to-...	DSS Foundations	Nov 26, 2019
What is big data analytics? by Daniel J. Power Editor, DSSResources.COM Big data analytics combines buzz words and is a buzz phrase. The basic idea of this new business jarg...	DSS Foundations	Jul 15, 2018
What are the rules for building a successful model-driven DSS? by Dan Power Editor, DSSResources.COM It is important to discuss what impacts the success of computerized Decision Support Systems. My DSS bo...	Model-driven DSS	Oct 22, 2006
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 social media impact decision making? by Dan Power Editor, DSSResources.com Social media is increasing its penetration into our lives. These online technology tools help us use the I...	DSS Foundations	May 29, 2011
What are sources of data for building a data-driven DSS? by Dan Power Editor, DSSResources.com Managers and IT staff who are thinking about opportunities for building innovative, data-driven decision su...	DSS Foundations	Jun 20, 2014
Is Information Technology transforming the U.S. Heartland? by Daniel J. Power Editor, DSSResources.COM The American heartland is 12 states in the heart of the United States and North America: Illinois, Indi...	DSS Foundations	Dec 12, 2015
What is a recommender system? by Daniel J. Power Editor, DSSResources.COM A recommender system is a software tool that provides suggestions to a person for a defined domain or ...	DSS Foundations	Apr 27, 2017

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