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Leadership in the Next Decade: Data Analytics—Transforming Information to Knowledge

  • Thomas A. Seitz
Chapter

Abstract

Globalization and the rapid growth in communication and information technology have led to the burgeoning availability and proliferation of digital information across a worldwide network of data. This situation creates a competitive advantage for leaders who are savvy enough to extract information from the disparate sources and types of data in a meaningful way. Data analytics allow leaders to measure significant, and often obscure operating parameters with the market as well as their own business in order to make good strategic decisions about the application of resources within their organization. This paper describes the nature of analytics and its implications for leadership in the next decade. It describes the general types of analytics and how they are used to improve operational performance. Also discussed are some of the limitations of data analytics and proposes the future for leadership and its utilization of analytics.

Keywords

Data analytics Big data Leadership Quantitative analytics Knowledge management Overview 

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Copyright information

© The Author(s) 2018

Authors and Affiliations

  • Thomas A. Seitz
    • 1
  1. 1.PREM Group, Inc.WheatonUSA

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