From Data Deluge to Decision Diamonds: Leveraging Analytics for Strategic Advantage

Authors

  • Prof. Muhammad Ali, Faculty of Social Sciences, University of Karachi, Karachi

Keywords:

Analytics, Data Deluge, Decision Diamonds, Strategic Advantage, Predictive Analytics, Prescriptive Analytics, Case Studies, Ethical Considerations, Analytical Competency, Future Trends

Abstract

The proliferation of data in the digital age has led to a paradigm shift in business dynamics, transforming the way organizations derive value from information. This scholarly article explores the journey from navigating the data deluge to strategically leveraging analytics for a competitive edge. Drawing on a comprehensive review of scholarly literature, case studies, and industry reports, the article investigates the transformative role of analytics in decision-making processes, ultimately shaping the concept of "Decision Diamonds" that represent precise, data-driven insights for strategic advantage.

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Published

2023-12-31

Issue

Section

Articles