Strategic Management
Value
Data Mining in Public Sector Organizations
Market Dynamics
Interactions
Developments
User Analysis
Developing Actionable Insights from Data
Data Retrieval 
involves accessing and extracting relevant information from various data sources to support decision-making, analysis, and
strategic planning
...Risk
Management: Data retrieval helps in identifying potential risks and opportunities, enabling businesses to mitigate risks proactively
...
The Role of Machine Learning in Predictive Analytics 
By utilizing algorithms that learn from data, organizations can uncover patterns, forecast future trends, and enhance their
strategic planning
...Some notable applications include: Finance: Credit scoring, fraud detection, and risk
management ...
Value 
Strategic Value: Involves insights that shape long-term business strategies and competitive positioning
...Change
Management: Resistance to change within an organization can impede the adoption of data-driven practices
...
Data Mining in Public Sector Organizations 
Transportation
Management: Data mining is used for traffic pattern analysis, optimizing public transport routes, and reducing congestion
...Description Improved Decision-Making Data-driven insights enable better
strategic planning and policy formulation
...
Market Dynamics 
demand Competitor pricing Cost of production Sales Forecasting Accurate sales forecasting is critical for inventory
management and resource allocation
...factors that influence supply, demand, competition, and external conditions, businesses can leverage data analysis to make
strategic decisions
...
Interactions 
Effective stakeholder
management is critical for business success and can include: Regular Updates: Providing stakeholders with information about company performance and
strategic direction
...business success and can include: Regular Updates: Providing stakeholders with information about company performance and
strategic direction
...
Developments 
Social media data analysis, content
management, and IoT applications
...business analytics and big data are revolutionizing how organizations operate, enabling them to leverage data-driven insights for
strategic decision-making
...
User Analysis 
critical component of business analytics that focuses on understanding user behavior, preferences, and demographics to drive
strategic decision-making
...Common data sources include: Customer Relationship
Management (CRM) Systems: Centralized databases that store customer information and interactions
...
Developing Actionable Insights from Data 
These insights enable organizations to make
strategic decisions that align with their goals
...Sales forecasting, risk
management, and customer churn prediction
...
Analyzing Market Sentiment Through Text 
Risk
Management: Understanding public sentiment can help companies mitigate risks associated with negative perceptions
...By leveraging various methods and technologies, organizations can gain insights that drive
strategic initiatives and foster growth
...
Nebenberuflich selbstständig 
Nebenberuflich selbständig ist, wer sich neben seinem Hauptjob im Anstellungsverhältnis eine selbständige Nebentigkeit begründet.