From Data to Decisions: Navigating the Pitfalls of Dashboards and Unlocking Advanced Analytics
This session explores the journey from raw data to impactful decision-making, illustrating how organisations can extract value through various types of analytics—descriptive, diagnostic, predictive, and prescriptive. The role of dashboards in descriptive analytics will be examined, highlighting both their benefits and potential pitfalls. Real-world examples will reveal how dashboards can sometimes mislead decision-makers, underscoring the importance of critical analysis. The session will also explore the value of considering more advanced analytics to achieve more accurate insights.
About Yalcin: Professor Yalcin Akcay is the Co-Program Director for the Data for Decision Makers - Short Course, Professor of Operations and the Director of the Centre for Business Analytics. He received his dual-title PhD from the Penn State Smeal College of Business. Previously, he was an Associate Professor at Koç University. Yalcın’s research focuses on revenue management, dynamic pricing, inventory management, retail operations, stochastic modelling of service and manufacturing systems. Yalcın teaches Operations Management at the MBA, Executive MBA and Senior Executive MBA programs.
