Frequently Asked Questions about Decision Support Systems by Dan Power
50 results for "data-driven decision making story"
| Question | Category | Date |
|---|---|---|
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How can you document data-driven decision making?
by Daniel J. Power Editor, DSSResources.COM Tell a story. Answer the following questions: What is the data-driven decision making initiative? ... |
DSS Foundations | May 10, 2016 |
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How do you tell a 'good' story based upon data?
by Daniel J. Power Editor, DSSResources.COM Analysis of data should result in telling managers and sponsors stories to summarize what was found. S... |
DSS Foundations | Dec 21, 2014 |
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What are the INVEST criteria for evaluating project tasks?
by Daniel J. Power Editor, DSSResources.COM The Agile Alliance (agilealliance.org/) glossary states "the acronym INVEST helps to remember a widel... |
DSS Foundations | Feb 14, 2020 |
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What is the "true story" about using data mining to identify a relationship between sales of beer and diapers?
by Dan Power Editor, DSSResources.com For many years we have told the story of using data mining to find a relationship between sales of "beer an... |
Knowledge-driven DSS | Mar 26, 2011 |
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What is value-driven delivery of projects and work?
Daniel J. Power Editor, DSSResources.com Project managers, team leads, and other managers are encouraged to make project decisions that result in ... |
DSS Foundations | Sep 17, 2019 |
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Is an insight-driven organization myth or reality?
Daniel J. Power Editor, DSSResources.com An insight-driven organization seems more like marketing hype, building on a catchy name, than reality. O... |
DSS Foundations | Aug 18, 2019 |
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Are decision markets a useful decision support tool?
by Dan Power Editor, DSSResources.COM YES, decision markets are useful for appropriate prediction tasks. Some Ask Dan! columns are more time sens... |
Model-driven DSS | Dec 29, 2015 |
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What are key agile concepts?
Daniel J. Power Editor, DSSResources.com Learning and understanding agile concepts is a starting point to becoming agile and collaborative as a pr... |
DSS Foundations | Jun 20, 2019 |
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What is a data-driven decision making organization?
by Dan Power Editor, DSSResources.COM A data-driven decision making organization encourages and rewards use of facts and data by employees. Us... |
DSS Foundations | Jan 17, 2016 |
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What is a data scientist?
by Daniel J. Power Editor, DSSResources.COM A practitioner of the emerging discipline of data science is called a data scientist. Data science is... |
DSS Foundations | Sep 26, 2014 |
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What are the Scrum Framework fundamentals?
Daniel J. Power Editor, DSSResources.com Scrum is an agile framework and structured set of ideas that is intended to help teams collaborate on com... |
DSS Foundations | Feb 06, 2020 |
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What steps create a data-driven organization?
by Daniel J. Power Editor, DSSResources.com Transforming a traditional organization into one where data is systematically incorporated into decis... |
DSS Foundations | Jul 26, 2017 |
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Can DSS help avoid hacking?
by Daniel J. Power Editor, DSSResources.COM Maybe. One way to explore this question is to examine specific hacking examples and consider if DSS w... |
DSS Foundations | Oct 15, 2018 |
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Is email a good decision support tool?
by Dan Power Editor, DSSResources.COM NO! Although many of us have grown attached to email over the years and our email tools have gotten more s... |
Communications-driven DSS | Oct 22, 2006 |
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What is a man-computer symbiosis?
by Daniel J. Power Editor, DSSResources.COM In 1960, J. C. R Licklider coined the phrase "man-computer symbiosis". He speculated that "man-compute... |
DSS Foundations | Jul 18, 2018 |
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What IS and what IS NOT essential to be agile?
by Daniel J. Power Editor, DSSResources.COM We are bombarded by buzzwords, technical jargon, and colorful metaphors in the culture of agile proce... |
DSS Foundations | Jul 17, 2019 |
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What are major ideas and concepts in agile?
by Daniel J. Power The scrum approach originated as an agile software development framework because practitioners wanted a better process to improv... |
DSS Foundations | Dec 06, 2019 |
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What are common data mining mistakes?
by Dan Power Editor, DSSResources.com Data mining is a broad term for identifying patterns in data, analyzing data and summarizing it into useful... |
DSS Foundations | Dec 19, 2010 |
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What are pros and cons of self-service data analytics tools?
by Daniel J. Power Editor, DSSResources.com Many managers and employees want more direct access to proprietary organization data. Vendors promote... |
DSS Foundations | Oct 09, 2017 |
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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 |
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How smart is IBM Watson?
by Daniel J. Power Editor, DSSResources.COM IBM is heavily promoting a cognitive system named Watson in television ads. A major selling point is t... |
Knowledge-driven DSS | Dec 16, 2015 |
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What happened at DSSResources.COM in 2004?
I have been involved with Web publishing for almost 10 years and the possibilities and prospects remain exciting and limitless. This review is a look ... |
DSSResources.com | Aug 16, 2005 |
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How should Decision Support Systems present apparently "Bad News"?
On Saturday, January 22, 2005, a special issue of DSS News was sent to all 1066 subscribers. The purpose of the special mailing was to showcase some... |
Building DSS | Aug 16, 2005 |
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Can surveillance data mislead decision-makers?
by Daniel J. Power Editor, DSSResources.com Data from electronic surveillance devices may be falsified or inaccurate. The presumption can be that ... |
DSS Foundations | Jun 16, 2020 |
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What is next generation BI?
by Dan Power Editor, DSSResources.com Most of us recognize that we need better software and systems to get better business intelligence. We also... |
DSS Foundations | Jan 14, 2011 |
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What is best practice for data visualization?
by Dan Power Editor, DSSResources.COM Visualizing data means that we can see relationships if they exist. A visualization is a short cut to un... |
DSS Foundations | Dec 23, 2012 |
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Are there strategic decision making 'big data' use cases?
Daniel J. Power Editor DSSResources.com and Decision Support News It is generally assumed that managers want to make data-driven decisions, rather... |
DSS Foundations | Oct 28, 2014 |
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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 |
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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 |
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Is Scrum useful for creating decision support?
by Daniel J. Power Editor, DSSResources.COM Decision support has expanded to new tasks and analysts and developers have incorporated new technolog... |
DSS Foundations | Jul 09, 2019 |
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How will decision support technologies shape our global society?
by Daniel J. Power Editor, DSSResources.COM Change is definitely occurring in our global society. Some changes are minor and seemingly insignific... |
DSS Foundations | Aug 04, 2013 |
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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 |
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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 |
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What is Hadoop?
by Dan Power Editor, DSSResources.com Data-driven DSS may need to access and process very large data sets to support decision-making. One way to... |
DSS Foundations | May 26, 2013 |
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What are the answers to the DSS case study questions at DSSResources.COM?
Recently Zam Zawari wrote "I need your guidelines on how to answer the questions in the case 'MeritCare Health System uses Simulation'". At ... |
DSS Applications | Aug 16, 2005 |
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What technologies are used for managing big data?
by Daniel J. Power Editor, DSSResources.COM Data-driven DSS and predictive analytics frequently need to access and process very large data sets ... |
DSS Foundations | Nov 10, 2016 |
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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 |
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What are examples of bad strategic business decisions?
by Daniel J. Power Editor, DSSResources.COM Bad strategic business decisions lead to bad results. The consequences of implementing the decision ma... |
DSS Foundations | Jun 22, 2015 |
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What is a modern decision support system?
by Daniel J. Power Editor, DSSResources.com "Modern" refers to recent times and recent innovations. Modern decision support is evolving rapidly ... |
DSS Foundations | Mar 19, 2017 |
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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 |
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What is evidence?
by Daniel J. Power Editor, DSSResources.COM Evidence is an abstract idea that plays a significant role in human thinking and decision making. The... |
DSS Foundations | Apr 16, 2018 |
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How might AI, Blockchain and Decision Support impact Accounting and Auditing?
by Daniel J. Power Editor, DSSResources.COM Historically, bookkeepers, accountants, and auditors have maintained financial records and created de... |
DSS Foundations | Oct 14, 2018 |
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How can computerized decision support help in crisis situations?
It seems that more crises are occurring in both business and public domains and the magnitude of them is also sometimes much larger than any previousl... |
Crisis Management | Aug 16, 2005 |
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What is the decision support information demand and supply equilibrium?
by Daniel J. Power Editor, DSSResources.COM At equilibrium the demand for decision support data and information equals the supply. In this era of... |
DSS Foundations | Oct 28, 2018 |
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What policies should govern Artificial Intelligence (AI) applications?
by Daniel J. Power Editor, DSSResources.COM Artificial Intelligence (AI) applications are reaching the point where both organizations and governm... |
DSS Foundations | Aug 05, 2020 |
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What is the information technology productivity paradox?
by Daniel J. Power Editor, DSSResources.COM Starry-eyed salespeople proclaimed that information technology would revolutionize organizations, cre... |
DSS Foundations | Dec 24, 2018 |
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Can computerized decision support reduce cognitive biases in decision making?
by Dan Power Editor, DSSResources.COM Individuals have predictable thinking patterns. Some patterns are positive and others lead to poor choic... |
Building DSS | Jan 10, 2019 |
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Did decision automation cause the subprime mortgage crisis?
by Daniel J. Power Editor, DSSResources.COM Actions of greedy and naive people caused the crisis. People built and implemented the computerized d... |
DSS Foundations | Sep 14, 2018 |
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Can 'Big Brother' watch us?
by Dan Power Editor, DSSResources.com "Big Brother" is a familiar metaphor that conjures up visions of political surveillance, political control... |
DSS Foundations | May 30, 2016 |
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What are the most cited DSS articles and books?
Decision Support Research: Most Cited Articles and Books by Daniel J. Power Editor, DSSResources.COM Research and scholarship about Decision ... |
DSS Foundations | Aug 24, 2018 |
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