Book description
THE COMPLETE GUIDE TO USING ANALYTICS TO MANAGE RISK AND UNCERTAINTY IN COMPLEX GLOBAL BUSINESS ENVIRONMENTS
Practical techniques for developing reliable, actionable intelligence–and using it to craft strategy
Analytical opportunities to solve key managerial problems in global enterprises
Written for working managers: packed with realistic, useful examples
This guide helps global managers use modern analytics to gain reliable, actionable, and timely business intelligence–and use it to manage risk, build winning strategies, and solve urgent problems.
Dr. Hokey Min offers a practical, easy-to-understand overview of business analytics in a global context, focusing especially on managerial and strategic implications. After demystifying today’s core quantitative tools, he demonstrates them at work in a wide spectrum of global applications.
You’ll build models to help segment global markets, forecast demand, assess risk, plan financing, optimize supply chains, and more. Along the way, you’ll find practical guidance for developing analytic thinking, operationalizing Big Data in global environments, and preparing for future analytical innovations.
Whether you’re a global executive, strategist, analyst, marketer, supply chain professional, student or researcher, this book will help you drive real value from analytics–in smarter decisions, improved strategy, and better management.
In today’s global business environments characterized by growing complexity, volatility, and uncertainty, business analytics has become an indispensable tool for managing these challenges. Specifically, global managers need analytics expertise to solve problems, identify opportunities, shape strategy, mitigate risk, and improve their day-to-day operational efficiency.
Now, for the first time, there’s an analytics guide designed specifically for decision-makers in global organizations. Leveraging his experience teaching a number of students and training hundreds of managers and executives, Dr. Hokey Min demystifies the principles and tools of modern business analytics, and demonstrates their real-world use in global business.
First, Dr. Min identifies key success factors and mindsets, helping you establish the preconditions for effective analysis. Next, he walks you through the practicalities of collecting, organizing, and analyzing Big Data, and developing models to transform them into actionable insight.
Building on these foundations, he illustrates core analytical applications in finance, healthcare, and global supply chains. He concludes by previewing emerging trends in analytics, including the newest tools for automated decision-making.
Compare today’s key quantitative tools
Stats, data mining, OR, and simulation: how they work, when to use them
Get therightdata…
…and get the data right
Predict the future…
…and sense its arrival sooner than others can
Implement high-value analytics applications…
…in finance, supply chains, healthcare, and beyond
Table of contents
- About This eBook
- Title Page
- Copyright Page
- Dedication Page
- Contents
- Acknowledgments
- About the Author
-
1. Introduction to Business Analytics
- 1.1 The Origin and Evolution of Business Analytics
- 1.2 Developing Analytical Thinking
- 1.3 Operationalizing Big Data from Global Perspectives
- 1.4 Extracting Useful Information from Big Data
- 1.5 Unique Challenges for Business Analytics
- 1.6 Capitalizing on Business Analytics for Building a Winning Global Strategy
- Bibliography
- 2. Collecting, Sorting, Prioritizing, and Storing Big Data
- 3. Business Analytics Models
- 4. Predictive Analytics
- 5. Essentials for the Successful Implementation of Business Analytics
-
6. Global Finance Analytics
- 6.1 Foreign Market Scenario Planning
- 6.2 Financing Global Business Operations through Capital Management
- 6.3 Global Financial Risk Assessment
- 6.4 Foreign Investment Portfolio Analysis
- 6.5 Product/Service Pricing Using Analytics
- 6.6 Multinational Profit Planning and Budgeting Using Analytics
- Bibliography
-
7. Global Supply Chain Analytics
- 7.1 Turning Integrated Big Data into Supply Chain Intelligence
- 7.2 Global Sales and Promotion Analytics
- 7.3 Global Sourcing Analytics
- 7.4 Contract Manufacturing Analytics
- 7.5 Distribution Analytics
- 7.6 Transportation Analytics
- 7.7 Integrating Functional Analytics into Global Supply Chain Management
- Bibliography
- 8. Healthcare Analytics
- 9. The Future of Business Analytics
- Index
Product information
- Title: Global Business Analytics Models: Concepts and Applications in Predictive, Healthcare, Supply Chain, and Finance Analytics
- Author(s):
- Release date: April 2016
- Publisher(s): Pearson
- ISBN: 9780134057668
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