How Will Big Data Change the Way Managers Make Decisions? Artificial Intelligence and Its Impact on Managerial Decision Making

How Will Big Data Change the Way Managers Make Decisions? Artificial Intelligence and Its Impact on Managerial Decision Making
Author: Carolin Nothof
Publisher:
Total Pages: 84
Release: 2018-11-04
Genre:
ISBN: 9783960954873

Today's most precious raw material is not gold, but Big Data: Each one of us generates a huge amount of information every single day, rendering thus both ourselves and our choices transparent. But in addition to that, Big Data helps companies to improve their decision-making. Since managers have to address highly complex issues in an ever more complicated world, they cannot do without Big Data and Artificial Intelligence, as Carolin Nothof explains. By taking into account various external factors, their algorithms predict right entrepreneurial choices. These choices can be made in areas such as retail, Human Resources, the Internet of Things, and marketing. Nothof's publication is not only rich in theoretical explanations, but also gives examples of the practical use of Big Data in various industries. Machines are a man's best co-workers. In this book: - Big Data; - decision-making; - AI; - Behavorial Economics; - Machine Learning; - algorithms

Management Decision-Making, Big Data and Analytics

Management Decision-Making, Big Data and Analytics
Author: Simone Gressel
Publisher: SAGE
Total Pages: 354
Release: 2020-10-12
Genre: Business & Economics
ISBN: 1529738288

Accessible and concise, this exciting new textbook examines data analytics from a managerial and organizational perspective and looks at how they can help managers become more effective decision-makers. The book successfully combines theory with practical application, featuring case studies, examples and a ‘critical incidents’ feature that make these topics engaging and relevant for students of business and management. The book features chapters on cutting-edge topics, including: • Big data • Analytics • Managing emerging technologies and decision-making • Managing the ethics, security, privacy and legal aspects of data-driven decision-making The book is accompanied by an Instructor’s Manual, PowerPoint slides and access to journal articles. Suitable for management students studying business analytics and decision-making at undergraduate, postgraduate and MBA levels.

Artificial Intelligence

Artificial Intelligence
Author: Harvard Business Review
Publisher: HBR Insights
Total Pages: 160
Release: 2019
Genre: Business & Economics
ISBN: 9781633697898

Companies that don't use AI to their advantage will soon be left behind. Artificial intelligence and machine learning will drive a massive reshaping of the economy and society. What should you and your company be doing right now to ensure that your business is poised for success? These articles by AI experts and consultants will help you understand today's essential thinking on what AI is capable of now, how to adopt it in your organization, and how the technology is likely to evolve in the near future. Artificial Intelligence: The Insights You Need from Harvard Business Review will help you spearhead important conversations, get going on the right AI initiatives for your company, and capitalize on the opportunity of the machine intelligence revolution. Catch up on current topics and deepen your understanding of them with the Insights You Need series from Harvard Business Review. Featuring some of HBR's best and most recent thinking, Insights You Need titles are both a primer on today's most pressing issues and an extension of the conversation, with interesting research, interviews, case studies, and practical ideas to help you explore how a particular issue will impact your company and what it will mean for you and your business.

Leadership and Strategic Management

Leadership and Strategic Management
Author: Paolo Boccardelli
Publisher: Taylor & Francis
Total Pages: 66
Release: 2024-05-01
Genre: Business & Economics
ISBN: 1040090796

Managers are facing unprecedented complexity, volatility, and ambiguity, quickly adapting their decision-making, leadership, vision, and strategies. Megatrends and forces of change have profound implications for business models, processes, and organizational structures, calling into question current paradigms and designing future change. Additionally, unprecedented disruptions, unforecastable in their nature, have increased the need for resilience and strategic flexibility. The book aims at tackling the potential interrelations among environmental transformations, strategic decisions, and leadership to better understand the role of external and internal factors on the effectiveness of managers. The book defines “change”: its extent, nature, and characteristics. Then, it focuses on decision-making, the role of potential cognitive biases, and how the interaction with the perception of determined environmental events affects the way in which decision-makers decide to implement specific strategies. Finally, in the light of waves of strategic change, it reviews theories on leadership and transformation by looking at the role and traits of leaders. Since environmental transformations have the potential to “disrupt” not only strategies but also decision-making processes and leadership, the book provides a review on the issue and propose an integrative framework which can be useful for both scholars and managers, especially in the fields of decision-making and strategy.

Impact of Smart Technologies and Artificial Intelligence (AI) Paving Path Towards Interdisciplinary Research in the Fields of Engineering, Arts, Humanities, Commerce, Economics, Social Sciences, Law and Management - Challenges and Opportunities

Impact of Smart Technologies and Artificial Intelligence (AI) Paving Path Towards Interdisciplinary Research in the Fields of Engineering, Arts, Humanities, Commerce, Economics, Social Sciences, Law and Management - Challenges and Opportunities
Author: Dr. Sundari Suresh
Publisher: Shanlax Publications
Total Pages: 332
Release:
Genre: Language Arts & Disciplines
ISBN: 9391373127

This e-ISBN collection of 34 chapters draws on the diverse insights of the opportunities and emerging challenges, changes in the smart technologies and artificial intelligence{AI} paving path towards interdisciplinary research in the fields of Engineering, Arts, Humanities, Commerce, Economics, Social Sciences, Law and Management. It offers decision-makers a comprehensive picture of the impact of Smart technologies and Artificial Intelligence (AI) expected in the long-term changes, and inspiration to leverage the opportunities that offer to improve the state of education. Academicians must find and establish a new equilibrium and a new normal for learning amid the present challenges.

2020 International Conference on Data Processing Techniques and Applications for Cyber-Physical Systems

2020 International Conference on Data Processing Techniques and Applications for Cyber-Physical Systems
Author: Chuanchao Huang
Publisher: Springer Nature
Total Pages: 1669
Release: 2021-06-01
Genre: Technology & Engineering
ISBN: 9811617260

This book covers cutting-edge and advanced research on data processing techniques and applications for cyber-physical systems, gathering the proceedings of the International Conference on Data Processing Techniques and Applications for Cyber-Physical Systems (DPTA 2020), held in Laibin City, Guangxi Province, China, on December 11–12, 2020. It examines a wide range of topics, including distributed processing for sensor data in CPS networks; approximate reasoning and pattern recognition for CPS networks; data platforms for efficient integration with CPS networks; machine learning algorithms for CPS networks; and data security and privacy in CPS networks. Outlining promising future research directions, the book offers a valuable resource for students, researchers, and professionals alike, while also providing a useful reference guide for newcomers to the field.

Mathematics and Its Connections to the Arts and Sciences (MACAS)

Mathematics and Its Connections to the Arts and Sciences (MACAS)
Author: Claus Michelsen
Publisher: Springer Nature
Total Pages: 560
Release: 2022-12-19
Genre: Education
ISBN: 3031105184

This book celebrates the 15th anniversary of the bi-annual symposium series Mathematics and its Connections to the Arts and Sciences (MACAS), which was first held in 2005 following the continued collaboration of an international group of researchers from ICME Topic Study Group 21. The MACAS-conferences bring together scientists and educators who are interested in the connection between mathematics, arts and science in educational curriculum, while emphasizing on, as well as researching about, the role of mathematics. By pooling together these different approaches and viewpoints between mathematics, arts and sciences, this book reveals possible synergies and paths for collaborations. In view of the challenges of the 21st century, a modern approach to education with a focus on multi- and interdisciplinarity is more important than ever. The role of mathematics assumes a key role in this approach as it is connected to all other disciplines, such as STEM education, physics, chemistry, biology, aesthetics and language, and can serve as a bridge between them. This book discusses, amongst others, the curricular approaches to integrate mathematics and other disciplines, the importance of mathematical modelling and the interdisciplinarity ways for learning and studying of mathematics, as well as the intercultural dimensions of mathematics and mathematics in the digital era. All topics will be presented from very different perspectives and regarding very different contexts, including digitization, culture and sustainability. This unique collection will serve as a very valuable and compact source for all above mentioned scientists and educators, as well as for use in advanced teacher education courses.