The Path to Prescription: Closing the Gap between the Promise and the Reality of Big Data Harvard Case Solution & Analysis

Despite all the hoopla around Big Data today, the fact is, there is nothing dramatically new about having data within our fingertips. What is new, the authors assert, is that modern technology has really raised the types of data that may be rolled up and made it easier, cheaper and quicker to collect, save and analyze that data.

They define three vital realms of info: Descriptive, Predictive and Prescriptive, and reveal that progressing to the Prescriptive kingdom is the easiest way to enable a 'scientific' approach to company. They demonstrate that information and analytics are only valuable if they can be used to create insights, learning and signs that educate business decisions-and that supervisors have a critical role to play: ensuring that their organization's analytics are inspired by the crucial decisions and challenges facing managers.

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The Path to Prescription Closing the Gap Between the Promise and the Reality of Big Data Case Study Solution

PUBLICATION DATE: September 01, 2015 PRODUCT #: ROT276-HCB-ENG

 

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The Path to Prescription: Closing the Gap between the Promise and the Reality of Big Data

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