Strategies And Actions
Managing Change Through Data Analysis
Building Data Governance Teams with Expertise
Understanding Analytics Impact
Analysis
Modeling
Processing
Enhancing Collaboration through Data Insights
Approaches 
In the realm of business, the utilization of business analytics
and data mining has become increasingly pivotal
...Prescriptive Analytics Prescriptive analytics goes a step further by not only predicting future outcomes but also recommending
actions to achieve desired results
...Energy Determining optimal energy consumption
strategies ...
Data Consumption 
Data consumption refers to the process of utilizing data for decision-making, analysis,
and strategic planning within a business context
...IoT) Social Media Data consumption involves analyzing this data to derive actionable insights that can drive business
strategies and improve operational efficiency
...Prescriptive Analytics Suggests
actions to achieve desired outcomes based on data analysis
...
Managing Change Through Data Analysis 
Managing change in a business environment is critical for organizations to remain competitive
and responsive to market dynamics
...Identifying Trends: Analyzing historical data allows organizations to identify trends and patterns that can influence change
strategies ...Prescriptive Analysis Recommends
actions based on data analysis outcomes
...
Building Data Governance Teams with Expertise 
Data governance is a critical component of effective business analytics, ensuring that data is accurate, accessible,
and secure
...Management Establishing standards for data quality, monitoring data for accuracy, and implementing corrective
actions as needed
...Resistance to Change: Employees may resist adopting new data governance practices, necessitating effective change management
strategies ...
Understanding Analytics Impact 
Analytics impact refers to the measurable effect that data analysis has on business decision-making
and performance
...Prescriptive Analytics Suggests
actions based on data analysis to achieve desired outcomes
...and Engagement Understanding customer behavior through analytics allows businesses to tailor their offerings and marketing
strategies ...
Analysis 
Analysis in the context of business refers to the systematic examination of data
and information to extract insights, inform decision-making, and drive strategic initiatives
...Prescriptive Analysis: Provides recommendations for
actions based on predictive insights, often incorporating optimization techniques
...Business planning, market entry
strategies ...
Modeling 
Modeling in the context of business analytics
and text analytics refers to the process of creating representations of business processes, systems, or data to analyze and improve decision-making
...Modeling Prescriptive modeling goes a step further by not only predicting outcomes but also providing recommendations on
actions to achieve desired results
...It is particularly useful in identifying reasons for specific events or trends, which can inform future
strategies ...
Processing 
Processing in the context of business analytics
and machine learning refers to the methods and techniques used to manipulate, analyze, and derive insights from data
...Real-Time Processing: Data is processed immediately as it is received, allowing for instant insights and
actions ...Decision Making Using the insights gained from data analysis to inform business decisions and
strategies ...
Enhancing Collaboration through Data Insights 
fast-paced business environment, organizations are increasingly relying on data insights to enhance collaboration among teams
and stakeholders
...These insights can help organizations identify trends, make predictions, and formulate
strategies that drive collaboration and improve overall performance
...Prescriptive Analytics: Recommends
actions based on data analysis to optimize outcomes
...
Data Analysis and Decision-Making Frameworks 
Data Analysis
and Decision-Making Frameworks are essential tools used in the field of business analytics
...Risk Management: Analyzing data helps identify potential risks and develop
strategies to mitigate them
...Prescriptive Analysis Recommends
actions based on data analysis
...
Mit guten Ideen nebenberuflich selbstständig machen
Der Trend bei der Selbständigkeit ist auf gute Ideen zu setzen und dabei vieleich auch noch nebenberuflich zu starten - am besten mit einem guten Konzept ...