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Dan Power

Greetings to all of my friends who work in the area of computerized decision support. This blog is a way for me to share stories from my encounters related to decision support, to comment on industry events, and to comment on other blogger's comments, especially those of my friends on the Business Intelligence Network. I'll try to state my opinions clearly and provide an old professor's perspective on how computers and information technology are changing the world. Decision making has always been my focus, and it will be in this blog as well. Your comments, feedback and questions are welcomed.

About the author >

Daniel J. "Dan" Power is a Professor of Information Systems and Management at the College of Business Administration at the University of Northern Iowa and the editor of DSSResources.com, the Web-based knowledge repository about computerized systems that support decision making; the editor of PlanningSkills.com; and the editor of DSS News, a bi-weekly e-newsletter. Dr. Power's research interests include the design and development of decision support systems and how these systems impact individual and organizational decision behavior.

Editor's Note: More articles and resources are available in Dan's BeyeNETWORK Expert Channel. Be sure to visit today!

December 2012 Archives

by Daniel Power
Editor, DSSResources.com 

Visualizing data means that we can see relationships if they exist. A visualization is a short cut to understanding the underlying pattern in the data. The danger is that the pattern is spurious and that we fail to test for the significance of the relationship. So what are "best practices" for visualizing a data set? Should we start with descriptive information on the data set? Should we have a prior hypothesis that guides our analysis? Should we try a number of techniques and tools and to see if we find a relationship? 

Continue reading at http://dssresources.com/faq/index.php?action=artikel&id=248

cite as:

Power, D. "What is best practice for data visualization? Decision Support News, Vol. 13, No. 25, December 23, 2012.

Posted December 24, 2012 5:47 AM
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by Daniel Power
Editor, DSSResources.com 

According to Joseph Schumpeter (1934, 1942), capitalism sparks entrepreneurship and entrepreneurs innovate by figuring out how to use inventions, and by introducing new means of production, new products, and new forms of organization. Schumpeter calls the rare, entrepreneurial leader the "Man of Action", and describes her/him as someone who does not accept reality as it is. Does today's man of action need computerized decision support? She/he does. 

Continue reading at http://dssresources.com/faq/index.php?action=artikel&id=254

Power, D., "Do entrepreneurs need decision support?" DSS News, Vol. 13, No. 24, December 9, 2012.

Posted December 9, 2012 1:50 PM
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