Anti-virus policies may hurt democracy in eastern EU

2020 ◽  
Keyword(s):  
Decision Making ◽  
Big Data ◽  
Health Systems ◽  
Ad Hoc ◽  
Content Type ◽  
East European ◽  
Excessive Demand ◽  
University Level ◽  
East And West ◽  
Back Education

Subject Eastern EU’s handling of COVID-19 pandemic. Significance Central-East European (CEE) authorities are more reactive than proactive on COVID-19 management and have devised an ad hoc patchwork of measures; all are relying on 'stay-at-home' strategies to curb excessive demand on health systems. Politically, COVID-19 is not creating new attitudes but amplifying existing ones. It offers national-populists a fertile environment for centralising decision-making further and adopting measures incompatible with normal democratic standards. Impacts The next EU budget may take into account the latest revelation of less affluent members’ structural weaknesses. However, EU solidarity will be further stretched, creating new tensions between east and west. Although working online is less advanced in most CEE countries, appreciation of and investment in big data and technology will increase. Lockdowns will hold back education, with teachers, even at university level, underprepared to deliver courses remotely.

Who’s making the decisions? How managers can harness artificial intelligence and remain in charge

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Pooya Tabesh
Keyword(s):  
Artificial Intelligence ◽  
Machine Learning ◽  
Decision Making ◽  
Big Data ◽  
Digital Transformation ◽  
Decision Processes ◽  
Decision Makers ◽  
Content Type ◽  
Human Decision ◽  
Practical Implications

Purpose While it is evident that the introduction of machine learning and the availability of big data have revolutionized various organizational operations and processes, existing academic and practitioner research within decision process literature has mostly ignored the nuances of these influences on human decision-making. Building on existing research in this area, this paper aims to define these concepts from a decision-making perspective and elaborates on the influences of these emerging technologies on human analytical and intuitive decision-making processes. Design/methodology/approach The authors first provide a holistic understanding of important drivers of digital transformation. The authors then conceptualize the impact that analytics tools built on artificial intelligence (AI) and big data have on intuitive and analytical human decision processes in organizations. Findings The authors discuss similarities and differences between machine learning and two human decision processes, namely, analysis and intuition. While it is difficult to jump to any conclusions about the future of machine learning, human decision-makers seem to continue to monopolize the majority of intuitive decision tasks, which will help them keep the upper hand (vis-à-vis machines), at least in the near future. Research limitations/implications The work contributes to research on rational (analytical) and intuitive processes of decision-making at the individual, group and organization levels by theorizing about the way these processes are influenced by advanced AI algorithms such as machine learning. Practical implications Decisions are building blocks of organizational success. Therefore, a better understanding of the way human decision processes can be impacted by advanced technologies will prepare managers to better use these technologies and make better decisions. By clarifying the boundaries/overlaps among concepts such as AI, machine learning and big data, the authors contribute to their successful adoption by business practitioners. Social implications The work suggests that human decision-makers will not be replaced by machines if they continue to invest in what they do best: critical thinking, intuitive analysis and creative problem-solving. Originality/value The work elaborates on important drivers of digital transformation from a decision-making perspective and discusses their practical implications for managers.

scholarly journals Manager perceptions of big data reliability in hotel revenue management decision making

2019 ◽  
Vol 36 (1) ◽  
pp. 25-39 ◽  
Author(s):  
David Egan ◽  
Natalie Claire Haynes
Keyword(s):  
Decision Making ◽  
Big Data ◽  
Revenue Management ◽  
Management Decision ◽  
Local Market ◽  
Data Systems ◽  
Local Data ◽  
Content Type ◽  
User Input ◽  
Management Decision Making

PurposeThe purpose of this paper is to investigate the perceptions that managers have of the value and reliability of using big data to make hotel revenue management and pricing decisions.Design/methodology/approachA three-stage iterative thematic analysis technique based on the approaches of Braun and Clarke (2006) and Nowell et al. (2017) and using different research instruments to collect and analyse qualitative data at each stage was used to develop an explanatory framework.FindingsWhilst big data-driven automated revenue systems are technically capable of making pricing and inventory decisions without user input, the findings here show that the reality is that managers still interact with every stage of the revenue and pricing process from data collection to the implementation of price changes. They believe that their personal insights are as valid as big data in increasing the reliability of the decision-making process. This is driven primarily by a lack of trust on the behalf of managers in the ability of the big data systems to understand and interpret local market and customer dynamics.Practical implicationsThe less a manager believes in the ability of those systems to interpret these data, the more they perceive gut instinct to increase the reliability of their decision making and the less they conduct an analysis of the statistical data provided by the systems. This provides a clear message that there appears to be a need for automated revenue systems to be flexible enough for managers to import the local data, information and knowledge that they believe leads to revenue growth.Originality/valueThere is currently little research explicitly investigating the role of big data in decision making within hotel revenue management and certainly even less focussing on decision making at property level and the perceptions of managers of the value of big data in increasing the reliability of revenue and pricing decision making.

The influence of big data analytics management capabilities on supply chain preparedness, alertness and agility

2019 ◽  
Vol 32 (2) ◽  
pp. 297-318 ◽  
Author(s):  
Santanu Mandal
Keyword(s):  
Decision Making ◽  
Big Data ◽  
Supply Chain ◽  
Data Analytics ◽  
Investment Decision ◽  
Big Data Analytics ◽  
Content Type ◽  
Investment Decision Making ◽  
Management Capabilities ◽  
The Impact

Purpose The importance of big data analytics (BDA) on the development of supply chain (SC) resilience is not clearly understood. To address this, the purpose of this paper is to explore the impact of BDA management capabilities, namely, BDA planning, BDA investment decision making, BDA coordination and BDA control on SC resilience dimensions, namely, SC preparedness, SC alertness and SC agility. Design/methodology/approach The study relied on perceptual measures to test the proposed associations. Using extant measures, the scales for all the constructs were contextualized based on expert feedback. Using online survey, 249 complete responses were collected and were analyzed using partial least squares in SmartPLS 2.0.M3. The study targeted professionals with sufficient experience in analytics in different industry sectors for survey participation. Findings Results indicate BDA planning, BDA coordination and BDA control are critical enablers of SC preparedness, SC alertness and SC agility. BDA investment decision making did not have any prominent influence on any of the SC resilience dimensions. Originality/value The study is important as it addresses the contribution of BDA capabilities on the development of SC resilience, an important gap in the extant literature.

Improving the use of analytics and big data by changing the decision-making culture

2017 ◽  
Vol 55 (10) ◽  
pp. 2074-2088 ◽  
Author(s):  
Jane Elisabeth Frisk ◽  
Frank Bannister
Keyword(s):  
Decision Making ◽  
Big Data ◽  
Data Analytics ◽  
Design Approach ◽  
Action Research Project ◽  
Content Type ◽  
Use Of Data ◽  
Support Organizations ◽  
Novel Approach ◽  
Using Data

Purpose Evolving digital technologies continue to enable new ways to collect and analyze data and this has led some researchers to claim that skillful use of data analytics and big data can radically improve a company’s performance, but that in order to achieve such improvements managers need to change their decision-making culture and to increase the degree of collaboration in the decision-making process. The purpose of this paper is to create an increased understanding of how a decision-making culture can be changed by using a design approach. Design/methodology/approach The paper presents an action research project in which the authors use a design approach. Findings By adopting a design approach organizations can change their decision-making culture, increase the degree of collaboration and also reduce the influence of power and politics on their decision-making. Research limitations/implications This paper proposes a new approach to changing a decision-making culture. Practical implications Using data analytics and big data, a design approach can support organizations change their decision-making culture resulting in better and more effective decisions. Originality/value This paper bridges design and decision-making theory in a novel approach to an old problem.

Analytics based decision making

2014 ◽  
Vol 6 (4) ◽  
pp. 332-340 ◽  
Author(s):  
Deepak Agrawal
Keyword(s):  
Decision Making ◽  
Big Data ◽  
Data Analytics ◽  
Design Methodology ◽  
Historical Perspective ◽  
Big Data Analytics ◽  
Analytical Techniques ◽  
Content Type ◽  
Informed Decisions ◽  
Different Types

Purpose – This paper aims to trace the history, application areas and users of Classical Analytics and Big Data Analytics. Design/methodology/approach – The paper discusses different types of Classical and Big Data Analytical techniques and application areas from the early days to present day. Findings – Businesses can benefit from a deeper understanding of Classical and Big Data Analytics to make better and more informed decisions. Originality/value – This is a historical perspective from the early days of analytics to present day use of analytics.

scholarly journals Big data and risk management in business processes: implications for corporate real estate

2019 ◽  
Vol 26 (5) ◽  
pp. 1141-1155 ◽  
Author(s):  
Enrico Battisti ◽  
S.M. Riad Shams ◽  
Georgia Sakka ◽  
Nicola Miglietta
Keyword(s):  
Decision Making ◽  
Risk Management ◽  
Big Data ◽  
Real Estate ◽  
Business Strategy ◽  
Process Management ◽  
Business Processes ◽  
Content Type ◽  
Data Intensive ◽  
Corporate Real Estate

Purpose The purpose of this paper is to improve understanding of the integration between big data (BD) and risk management (RM) in business processes (BPs), with special reference to corporate real estate (CRE). Design/methodology/approach This conceptual study follows, methodologically, the structuring inter-textual coherence process – specifically, the synthesised coherence tactical approach. It draws heavily on theoretical evidence published, mainly, in the corporate finance and the business management literature. Findings A new conceptual framework is presented for CRE to proactively develop insights into the potential benefits of using BD as a business strategy/instrument. The approach was found to strengthen decision-making processes and encourage better RM – with significant consequences, in particular, for business process management (BPM). Specifically, by recognising the potential uses of BD, it is also possible to redefine the processes with advantages in terms of RM. Originality/value This study contributes to the literature in the fields of real estate, RM, BPM and digital transformation. To the best knowledge of authors, although the literature has examined the concepts of BD, RM and BP, no prior studies have comprehensively examined these three elements and their conjoint contribution to CRE. In particular, the study highlights how the automation of data-intensive activities and the analysis of such data (in both structured and unstructured forms), as a means of supporting decision making, can lead to better efficiency in RM and optimisation of processes.

The big data regime shift in real estate

2020 ◽  
Vol 38 (4) ◽  
pp. 363-395 ◽  
Author(s):  
James R. DeLisle ◽  
Brent Never ◽  
Terry V. Grissom
Keyword(s):  
Decision Making ◽  
Big Data ◽  
Real Estate ◽  
Urban Areas ◽  
Regime Shift ◽  
Design Thinking ◽  
Future Research ◽  
Content Type ◽  
Data Movement ◽  
Support Decision Making

PurposeThe paper explores the emergence of the “big data regime” and the disruption that it is causing for the real estate industry. The paper defines big data and illustrates how an inductive, big data approach can help improve decision-making.Design/methodology/approachThe paper demonstrates how big data can support inductive reasoning that can lead to enhanced real estate decisions. To help readers understand the dynamics and drivers of the big data regime shift, an extensive list of hyperlinks is included.FindingsThe paper concludes that it is possible to blend traditional and non-traditional data into a unified data environment to support enhanced decision-making. Through the application of design thinking, the paper illustrates how socially responsible development can be targeted to under-served urban areas and helps serve residents and the communities in which they live.Research limitations/implicationsThe paper demonstrates how big data can be harnessed to support decision-making using a hypothetical project. The paper does not present advanced analytics but focuses aggregating disparate longitudinal data that could support such analysis in future research.Practical implicationsThe paper focuses on the US market, but the methodology can be extended to other markets where big data is increasingly available.Social implicationsThe paper illustrates how big data analytics can be used to help serve the needs of marginalized residents and tenants, as well as blighted areas.Originality/valueThis paper documents the big data movement and demonstrates how non-traditional data can support decision-making.

scholarly journals Enablers to supply chain performance on the basis of digitization technologies

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Himanshu Gupta ◽  
Sarangdhar Kumar ◽  
Simonov Kusi-Sarpong ◽  
Charbel Jose Chiappetta Jabbour ◽  
Martin Agyemang
Keyword(s):  
Decision Making ◽  
Big Data ◽  
Supply Chain ◽  
Information Technologies ◽  
Data Science ◽  
Content Type ◽  
Big Data Technologies ◽  
Fierce Competition ◽  
Practical Implications ◽  
Improve Supply Chain

PurposeThe aim of this study is to identify and prioritize a list of key digitization enablers that can improve supply chain management (SCM). SCM is an important driver for organization's competitive advantage. The fierce competition in the market has forced companies to look the past conventional decision-making process, which is based on intuition and previous experience. The swift evolution of information technologies (ITs) and digitization tools has changed the scenario for many industries, including those involved in SCM.Design/methodology/approachThe Best Worst Method (BWM) has been applied to evaluate, rank and prioritize the key digitization and IT enablers beneficial for the improvement of SC performance. The study also used additive value function to rank the organizations on their SC performance with respect to digitization enablers.FindingsThe total of 25 key enablers have been identified and ranked. The results revealed that “big data/data science skills”, “tracking and localization of products” and “appropriate and feasibility study for aiding the selection and adoption of big data technologies and techniques ” are the top three digitization and IT enablers that organizations need to focus much in order to improve their SC performance. The study also ranked the SC performance of the organizations based on digitization enablers.Practical implicationsThe findings of this study will help the organizations to focus on certain digitization technologies in order to improve their SC performance. This study also provides an original framework for organizations to rank the key digitization enablers according to enablers relevant in their context and also to compare their performance with their counterparts.Originality/valueThis study seems to be the first of its kind in which 25 digitization enablers categorized in four main categories are ranked using a multi-criteria decision-making (MCDM) tool. This study is also first of its kind in ranking the organizations in their SC performance based on weights/ranks of digitization enablers.

scholarly journals Big data analytics and sustainable textile manufacturing

2020 ◽  
Vol 58 (8) ◽  
pp. 1699-1714 ◽  
Author(s):  
Dieu Hack-Polay ◽  
Mahfuzur Rahman ◽  
Md Morsaline Billah ◽  
Hesham Z. Al-Sabbahy
Keyword(s):  
Decision Making ◽  
Big Data ◽  
Environmental Sustainability ◽  
Textile Industry ◽  
Data Analytics ◽  
New Technologies ◽  
Developing World ◽  
Big Data Analytics ◽  
Content Type ◽  
Member Exchange

PurposeThe purpose of this article is to discuss issues associated with the application big data analytics for decision-making about the introduction of new technologies in the textile industry in the developing world.Design/methodology/approachThe leader–member exchange theoretical framework to consider the nature of the relationships between owners and followers to identify the potential issues that affect decision-making was used. However, decisions to adopt such environmentally friendly biotechnologies are hampered by the lack of awareness amongst owners, intergenerational conflict and cultural impediments.FindingsThe article found that the limited use of this valuable technological resource is linked to several factors, mainly cultural, generational and educational factors. The article exposes two key new technologies that could help the industry reduce its carbon footprint.Originality/valueThe study suggests more awareness raising amongst plant owners and greater empowerment of new generations in decision-making in the industry. This study, therefore, bears significant implications for environmental sustainability in the developing world where the textile industry is one of the major polluting industries affecting water quality and human health.

Big Data in Shipbuilding

2014 ◽  
Author(s):  
Patrick L. David ◽  
Patrick D. Roberts
Keyword(s):  
Decision Making ◽  
Big Data ◽  
Data Analytics ◽  
Ad Hoc ◽  
Data Capture ◽  
Sources Of Information ◽  
Rapid Convergence ◽  
Business Decisions ◽  
Business Decision ◽  
Existing Data

Recent strides in data analytics have uncovered interesting and actionable correlations across many different industries. Organizations are finding opportunities for making more intelligent business decisions by enhancing data with new insights and sources of information. In many cases these insights are gleaned through deeper analytics of existing data. The relatively large amount of information generated through the shipbuilding enterprise, coupled with rapidly advancing methods for optimizing data capture, points to a rapid convergence on exploiting data analytics for enhanced business decision making. An ad-hoc working group was formed consisting of multiple US shipyards with broad representation across the NSRP to investigate opportunities to leverage modern data analytics.

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