Decision Intelligence For Dummies

Learn to use, and not be used by, data to make more insightful decisions The availability of data and various forms of AI unlock countless possibilities for business decision makers. But what do you do when you feel pressured to cede your position in the decision-making process altogether? Decision Intelligence For Dummies pumps the brakes on the growing trend to take human beings out of the decision loop and walks you through the best way to make data-informed but human-driven decisions. The book shows you how to achieve maximum flexibility by using every available resource, and not just raw data, to make the most insightful decisions possible. In this timely book, you’ll learn to: Make data a means to an end, rather than an end in itself, by expanding your decision-making inquiries Find a new path to solid decisions that includes, but isn’t dominated, by quantitative data Measure the results of your new framework to prove its effectiveness and efficiency and expand it to a whole team or company Perfect for business leaders in technology and finance, Decision Intelligence For Dummies is ideal for anyone who recognizes that data is not the only powerful tool in your decision-making toolbox. This book shows you how to be guided, and not ruled, by the data.

You're intelligent, right? So you've already figured out that Business Intelligence can be pretty valuable in making the right decisions about your business. But you’ve heard at least a dozen definitions of what it is, and heard of at least that many BI tools. Where do you start? Business Intelligence For Dummies makes BI understandable! It takes you step by step through the technologies and the alphabet soup, so you can choose the right technology and implement a successful BI environment. You'll see how the applications and technologies work together to access, analyze, and present data that you can use to make better decisions about your products, customers, competitors, and more. You’ll find out how to: Understand the principles and practical elements of BI Determine what your business needs Compare different approaches to BI Build a solid BI architecture and roadmap Design, develop, and deploy your BI plan Relate BI to data warehousing, ERP, CRM, and e-commerce Analyze emerging trends and developing BI tools to see what else may be useful Whether you’re the business owner or the person charged with developing and implementing a BI strategy, checking out Business Intelligence For Dummies is a good business decision.

Why aren't the most powerful new technologies being used to solve the world's most important problems: hunger, poverty, conflict, employment, disease? In Link, Dr. Lorien Pratt answers these questions by exploring the solution that is emerging worldwide to take Artificial Intelligence to the next level: Decision Intelligence.

This book presents a framework for developing an analytics strategy that includes a range of activities, from problem definition and data collection to data warehousing, analysis, and decision making. The authors examine best practices in team analytics strategies such as player evaluation, game strategy, and training and performance. They also explore the way in which organizations can use analytics to drive additional revenue and operate more efficiently. The authors provide keys to building and organizing a decision intelligence analytics that delivers insights into all parts of an organization. The book examines the criteria and tools for evaluating and selecting decision intelligence analytics technologies and the applicability of strategies for fostering a culture that prioritizes data-driven decision making. Each chapter is carefully segmented to enable the reader to gain knowledge in business intelligence, decision making and artificial intelligence in a strategic management context.

Forget far-away dreams of the future. Artificial intelligence is here now! Every time you use a smart device or some sort of slick technology—be it a smartwatch, smart speaker, security alarm, or even customer service chat box—you’re engaging with artificial intelligence (AI). If you’re curious about how AI is developed—or question whether AI is real—Artificial Intelligence For Dummies holds the answers you’re looking for. Starting with a basic definition of AI and explanations of data use, algorithms, special hardware, and more, this reference simplifies this complex topic for anyone who wants to understand what operates the devices we can’t live without. This book will help you: Separate the reality of artificial intelligence from the hype Know what artificial intelligence can accomplish and what its limits are Understand how AI speeds up data gathering and analysis to help you make informed decisions more quickly See how AI is being used in hardware applications like drones, robots, and vehicles Know where AI could be used in space, medicine, and communication fields sooner than you think Almost 80 percent of the devices you interact with every day depend on some sort of AI. And although you don’t need to understand AI to operate your smart speaker or interact with a bot, you’ll feel a little smarter—dare we say more intelligent—when you know what’s going on behind the scenes. So don’t wait. Pick up this popular guide to unlock the secrets of AI today!

Decision intelligence is one of the top strategic technology trends for 2022. According to Gartner, more than a third of today's large organizations are expected to be practicing the discipline by 2023. But despite the growing consensus that decision intelligence offers great value to decision-makers, there's been little practical hands-on guidance on how to implement it. With this book, Lorien Pratt and Nadine Malcolm from Quantellia offer a practical methodology for understanding an action-to-outcome decision. The methodology includes a set of business processes for finding data that drives the decision, presenting data in a way that's useful for decision-makers, and showing decision-makers how to monitor and tailor the decision over time. This handbook addresses three problems that are ubiquitous in data-driven decision-making: How can decision-makers identify the data they need to support their decisions? How can you use data assets available to support a decision to show how a decision's outcomes depend on the actions taken by the decision-maker? How can decision-makers assess their decisions and improve organizational decision-making over time?

Discover the best approaches for making business decisions Today's business leaders have to face the facts—you can'tseparate leadership from decision making. The importance of makingdecisions, no matter how big or small, cannot be overstated.Decision Making For Dummies is a candid resource that helpsleaders understand the impact of their choices, not only onbusiness, but also on their credibility and reputation. Designedfor managers, business owners, and anyone else who makes toughdecisions on a daily basis, this guide helps you figure out if thedecisions you're making are the right ones. In addition to helping you explore how to evaluate your choices,Decision Making For Dummies covers ways to receive supportfor decision making, delves into various decision-making styles,reviews the importance of sifting through data and information, andincludes information on ways to engage others and make decisionscollectively. Being in charge can be challenging, but with thisguide, you don't have to go it alone. Discusses the effects of decision making and outlines theconsiderations that must be made to gain trust and confidence Demonstrates ways to communicate particularly sensitivedecisions, and offers approaches for making bold decisions thatchallenge the status quo Delves into the risks and benefits of certain decisions, andshows readers the best ways to evaluate choices Outlines smart strategies for engaging others and drawing theminto the decision-making process Crucial decisions need to be made every day in the businessworld, so there's no time to waste. Make Decision Making ForDummies your primary resource for learning to choose youractions wisely and confidently.

Step into the future with AI The term "Artificial Intelligence" has been around since the 1950s, but a lot has changed since then. Today, AI is referenced in the news, books, movies, and TV shows, and the exact definition is often misinterpreted. Artificial Intelligence For Dummies provides a clear introduction to AI and how it’s being used today. Inside, you’ll get a clear overview of the technology, the common misconceptions surrounding it, and a fascinating look at its applications in everything from self-driving cars and drones to its contributions in the medical field. Learn about what AI has contributed to society Explore uses for AI in computer applications Discover the limits of what AI can do Find out about the history of AI The world of AI is fascinating—and this hands-on guide makes it more accessible than ever!