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Making Sense of Data and Information (Hardcover)
Loot Price: R5,473
Discovery Miles 54 730
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Making Sense of Data and Information (Hardcover)
Series: Management Extra
Expected to ship within 12 - 17 working days
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Managers need to be able to make sense of data and to use it
selectively to answer key questions: Why has quality fallen in the
last week? Should we subcontract or employ more people? What will
consumer demand be in the future? They need to be able to assess
the value of data and to detect what is and what isn't spin. The
focus is on analysing numbers. On their own, figures tell us very
little. To become meaningful they need to be processed and analysed
and it is the patterns that emerge from this that provide the
information that is needed for decision-making. The book is
arranged in four themes. It starts by considering the value of
information in organisations and by assessing how effectively the
information is used in a management role. It then goes on to look
at different options for presenting figures so that trends become
clearer and patterns simpler to spot. As well as making data easier
to interpret, the techniques the book presents are valuable
communication tools that will help the reader use information more
effectively with others. The last two themes then provide a toolkit
of techniques that you can use to investigate situations and help
solve problems. These include statistical and operational
techniques as well as computer tools. Like any toolkit, the key to
using it properly lies in knowing not only what each tool does but
when to use it. This book will help the reader to develop this
ability by applying the methods that are described within a
business context.
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