Making Sense of Data and Information
by
Elearn
Book Details
Format
Paperback / Softback
Book Series
Management Extra
ISBN-10
0080465218
ISBN-13
9780080465210
Publisher
Taylor & Francis Ltd
Imprint
Pergamon Flexible Learning
Country of Manufacture
GB
Country of Publication
GB
Publication Date
Mar 22nd, 2007
Print length
114 Pages
Weight
453 grams
Dimensions
29.80 x 21.10 x 0.80 cms
Product Classification:
Business studies: general
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Managers need to be able to make sense of data and to use it selectively. This book considers the value of information in organisations and by assessing how effectively the information is used in a management role. It looks at different options for presenting figures so that trends become clearer and patterns simpler to spot.
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 isnt 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.
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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