Frequently Asked Questions about Decision Support Systems by Dan Power
50 results for "high-velocity DM"
| Question | Category | Date |
|---|---|---|
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What is high-velocity decision making?
by Daniel J. Power Editor, DSSResources.com Strategic, consequential decisions can and often should be made using a high-velocity, high-quality d... |
DSS Foundations | Sep 06, 2017 |
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What are some use cases with expanded data sources?
by Daniel J. Power Editor, DSSResources.COM Data volume is expanding rapidly, data variety is increasing and is coming from new sources, and data... |
DSS Foundations | Dec 21, 2014 |
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What is big data?
by Daniel J. Power Editor, DSSResources.COM Big data is an overused and somewhat confusing phrase. Big data is characterized by high volume, low... |
DSS Foundations | Jul 02, 2018 |
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What is data?
by Daniel J. Power Data is important. Data is growing rapidly. Approximately 2.5 quintillion bytes of data are created each day or 2.5 billion giga... |
DSS Foundations | Jan 06, 2020 |
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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 |
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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 post-relational databases?
by Daniel Power Editor, DSSResources.com Post-relational or non-relational databases implement a conceptual schema using a non-relational data mo... |
DSS Foundations | Aug 20, 2016 |
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How does an agile person cope with adversity?
by Daniel J. Power and Ciara Heavin People, teams, and organizations frequently encounter adverse or unfavorable circumstances, calamity, difficul... |
DSS Foundations | Nov 27, 2019 |
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Does the term big data have utility for managers?
by Daniel J. Power Editor, DSSResources.COM Big data is a colorful phrase for a significant change in data capture, retrieval and storage. Each... |
Data-driven DSS | Apr 10, 2014 |
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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 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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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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How do data storage strategies differ among uses?
by Daniel J. Power Editor, DSSResources.COM Everything that happens is being digitized. Customers are data, processes are data, supply chains are... |
DSS Foundations | Aug 13, 2018 |
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How does data mining provide knowledge?
by Daniel J. Power Editor, DSSResources.com In the 1970s, companies employed business analysts who used statistical packages like SAS and SPSS to... |
DSS Foundations | Jan 17, 2021 |
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What is data-driven decision making?
by Daniel J. Power Editor, DSSResources.COM A recent Capgemini (2012) study found that 9 out of 10 business leaders “believe data is now the fou... |
DSS Foundations | Nov 27, 2014 |
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What is data visualization?
by Dan Power Editor, DSSResources.com According to a SAS White paper "one of the best ways to discern important relationships is through advanced... |
DSS Foundations | Feb 19, 2016 |
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What is currently possible with communications-driven decision support?
by Dan Power Editor, DSSResources.com Technology has improved for supporting groups and teams since 2001. In a status report (Power,2001), the co... |
DSS Foundations | Sep 28, 2013 |
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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 |
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When is agile most appropriate?
Daniel J. Power Editor, DSSResources.com Agile methods are most appropriate when project requirements are uncertain, stakeholders seek rapid resul... |
DSS Foundations | Nov 24, 2019 |
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What factors impact decision support project implementation risk?
by Dan Power Editor, DSSResources.com Managers should contemplate a wide range of decision support projects. Perhaps an enterprise-wide, data wa... |
Evaluating DSS Projects | Aug 15, 2008 |
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What determines team performance on a project?
Daniel J. Power Editor, DSSResources.com Some project teams perform better than others? Why? A project team is a group of people assigned to work ... |
DSS Foundations | Jul 02, 2020 |
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What is the impact of information management on the organization?
by Daniel J. Power Editor, DSSResources.COM Thirty years ago, at the start of my career, I addressed this question (cf., Power, 1983). My MIS Qua... |
DSS Foundations | Nov 24, 2013 |
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How has mobile computing technology evolved for decision support?
Daniel J. Power Editor, DSSResources.com Information technology innovation occurs in a complex environment of evolving complementary capabilities.... |
Communications-driven DSS | Oct 24, 2012 |
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What should stakeholders expect in an Agile environment?
by Ciara Heavin and Daniel J. Power People have expectations that influence behavior. In an organization environment, both internal and external s... |
DSS Foundations | Feb 02, 2020 |
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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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Why use a common language when developing and using decision support?
by Ciara Heavin and Daniel J. Power Developing a common language between developers, managers and other decision support users improves communica... |
DSS Foundations | Feb 04, 2017 |
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What are the levels of decision automation?
by Daniel J. Power Editor, DSSResources.com Possibilities for decision automation (DA) have expanded and it is useful to classify applications in ... |
DSS Foundations | Aug 04, 2020 |
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Can decision support tools help minimize black swan events?
by Daniel J. Power Editor, DSSResources.COM In decision making and planning, managers are sometimes surprised by unanticipated events. A black sw... |
DSS Foundations | Aug 11, 2019 |
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What questions should be answered in a decision situation?
Daniel J. Power Editor, DSSResources.com Decisions must be made in many different situations. The term decision situation refers to the circumst... |
DSS Foundations | Apr 10, 2016 |
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What is group-chat?
by Daniel J. Power Editor, DSSResources.com According to Dan Ring, at TechTarget, "Microsoft Teams and Workplace by Facebook are facing off agai... |
DSS Foundations | Jan 25, 2017 |
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How does edge computing impact decision support?
by Daniel J. Power Editor, DSSResources.COM Edge computing means more data for predictive analytics and model-driven decision support can be proc... |
DSS Foundations | Feb 10, 2019 |
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What are the best analytics and 'big data' videos online?
by Daniel J. Power Editor, DSSResources.COM There are many video on the Web and especially on YouTube relevant to "big data" and analytics. The ... |
DSS Foundations | Mar 08, 2014 |
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Why is agile important?
Daniel J. Power and Ciara Heavin Agile hype continues to grow and some see agile as a solution to every problem (cf., Ambroziewicz, 2017; Mandir, ... |
DSS Foundations | Jun 22, 2020 |
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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 |
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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 |
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What should an Agile practitioner know and do?
Daniel J. Power Editor, DSSResources.com Knowing agile principles and developing an agile mindset are the starting point of becoming agile. An agi... |
DSS Foundations | Jul 01, 2019 |
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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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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 |
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What is agile project management?
Daniel J. Power and Ciara Heavin Applying agile values and principles to managing a project is commonly identified as Agile Project Management (AP... |
DSS Foundations | Mar 15, 2020 |
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Is parallel database technology needed for data-driven DSS?
by Dan Power Editor, DSSResources.COM Few managers have heard of parallel computer processing and parallel databases. Nonetheless the desire of ... |
Data-driven DSS | Mar 02, 2007 |
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How can video conferencing provide enhanced decision support?
by Daniel J. Power Editor, DSSResources.COM In some situations, video conferencing can provide enhanced decision support. The major issue facing m... |
DSS Foundations | May 24, 2015 |
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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 are challenges of real-time decision support?
by Dan Power Editor, DSSResources.com Pushing "real-time" information to decision makers is now realistic and practical. Real-time decision sup... |
Building DSS | Oct 29, 2008 |
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What are critical analysis and reasoning skills?
by Daniel J. Power Editor, DSSResources.COM Measuring critical analysis and reasoning skills is often inferred by asking about the basic componen... |
DSS Foundations | Mar 20, 2018 |
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Do agile processes have phases or steps?
Daniel J. Power Editor, DSSResources.com Some methods classified as agile do use the phases or steps terminology. The "phases" are not however dis... |
DSS Foundations | Apr 04, 2020 |
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What can one conclude about becoming agile?
Daniel J. Power and Ciara Heavin Agile behaviors and processes are often better than rigid, bureaucratic ones. Becoming agile is worthwhile. Agile... |
DSS Foundations | Aug 06, 2020 |
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What are the characteristics of decisions?
by Daniel J. Power Editor, DSSResources.COM and Ciara Heavin Managing Editor, Journal of Decision Systems Managers make many decisions and ... |
DSS Foundations | Oct 30, 2016 |
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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 |
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What are characteristics of decision processes?
by Dan Power Editor, DSSResources.com In the past 50 years, a number of authors have identified and described characteristics that vary in organi... |
DSS Foundations | Oct 11, 2009 |
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What are the skills of a data scientist?
by Ciara Heavin Managing Editor, Journal of Decision Systems and Daniel J. Power Editor, DSSResources.COM Like many of the IT professional ... |
DSS Foundations | Nov 25, 2016 |
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