Understand The Data using Simple Measures

In our daily lives, we collect or deal with different kinds of the data. Almost, the data exists in any business nowadays and it presents the assets of our business, for example, in the health industry, you may need to know the data about the number appointment, the number of the doctors per speciality, the staff’ performance, the bed occupations, the mortality rate, the busiest day, the revenues, …etc.

In this article, we will define the types of data we deal with every day, and what are the measures of center and spread for data, which are powerful measurement tools to understand the data in a simple, better, and an easy way. 

Absolutely, there is a dozen available ready-made tools and applications to calculate these measures easily, while I believe it is important to know how to calculate, use them and why.

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Stakeholders Management, WHAT, WHY, and HOW?

Each one of us is surrounded by people, for example, families, friends, coworkers, or clients. These people are affecting our lives in a positive or negative way that shapes our personality as well. This kind of relationship with people needs proper communication and management since this communication takes a big percentage of our life. Some studies point out that we spend an average of 70% of our day listening to others and an average of 30% speaking to them.

Similarly, strategic planning, architecture, project management, and other fields are powered by people, people who envision, plan, analyze, design, manage, execute, operate, …etc. Communication with those kinds of people should be managed effectively to ensure that every person not only informed but also involved and contributing to the process whatever it is. We mainly aim to those people as the stakeholders.

In this article, we will discuss who are the stakeholders, and why managing them is important, and how we should do that.

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The Evolution of Analytics | The 5 Types of Analytics

In the technology revolution we are living, I’m sure that you read or heard a story about how data is changing our world. Data may cure a disease, solve a national problem, prevent a disaster, boost a company’s performance, make a team more efficient or enhance our experience.

Data is essentially the plain facts and truth collected during the operations of a business, while you are searching for some articles on the internet, using your mobile for sending a message or finding a location. Data is everywhere and increasing significantly, data is the lifeblood of decision-making and the raw material for accountability and the oil of this century!

Nevertheless, data alone cannot do that without proper understanding, analysis, visualization, transformation, and enrichment to discover the hidden power and the potential of data and reach the top of the Data Information Knowledge Wisdom (DIKW) pyramid. Read more