How is data analytics important for decision making


Business Discussion Post

A colleague at the World Economic Forum saw the headline Moving Beyond Data-Driven to Analytics-Driven and wants to know if it is possible for government agencies to be analytics-driven. Funding is limited when it comes to SDG 9 and they began to wonder: could data analytics be the answer to spending funds more wisely?

Review this module's material and advise the World Economic Forum member by discussing the following:

a) How is data analytics important for decision making? What does it mean to make analytic-driven decisions?

b) What does an analytic-driven culture look like in an organization? What roles and responsibilities are needed?

c) How would you advise government agencies in your country (SOUTH AFRICA) to move toward an analytic-driven approach?

The response should include a reference list. Using double-space, Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Business Management: How is data analytics important for decision making
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