P5DMALK3-1
‘Data and Analytics helps executives make business-defining decisions better and faster’ from PwC (PricewaterhouseCoopers LLP). In this short video PwC looks at how data and analytics can make a difference when it comes to decisions about the strategic direction of a business.
Table of Contents
- Tutorial Video
- Reading Materials
- ‘Strategic Management’ by Richard Lynch, published by Pearson 2015
- ‘Decision making’ from the Mind Tools website
- ‘The decision-making pocketbook’ by Neil Russell-Jones, published by Management Pocketbooks Ltd, 2000
- ‘Critical Path Analysis and PERT Charts’ from the Mind Tools website
- ‘Corporate Information Systems Strategy’ produced by the London Borough of Barnet
- ‘FT Essential Guide to Developing a Business Strategy: How to Use Strategic Planning to Start Up or Grow Your Business (Financial Times Series) by Vaughn Evan, published by FT Publishing International 2013
- Presentation
- Good Practice Example
- Good Practice Example
- Interactive Quiz
- Evidence Opportunities
- Extended Learning
- ‘The role of information systems in management decision making – a theoretical approach’ written by Mihane Berisha-Namani.
- Read Chapter 3 ‘Information systems, organisation and strategy’ from ‘Management Information Systems: Managing the digital firm’ by K Laudon and J Laudon, published by Pearson 2015. NB You should be able to borrow this from your library.
- The BBC have a number of podcasts relevant to this subject including ‘Decision Making’, ‘Futurology for Business’ and ‘Planning for the Future’.
- This section of the Free Management Library gives information on decision making and strategic management.
- Frederick Betz has written ‘Strategic Thinking: A Comprehensive Guide’, published by Emerald Group Publishing Limited in 2016. Read chapter 1 ‘Strategic Vision’ and chapter 3 ‘Strategic Management’. NB You should be able to borrow this from your local library.
- Think And Challenge
- It is rare that there is just one way to respond to a scenario or situation, so do not consider that the response you have chosen to this scenario will be judged as right or wrong. Share your scenario with a work colleague and ask them to tell you if they think you have responded appropriately. Ask them to challenge your response if necessary. You do not need to submit this task for assessment unless asked to do so by your tutor.
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