|Friday, February 16|
|CS13 Managing Up||
Fri, Feb 16, 3:45 PM - 5:15 PM
Statistics for Management of an Organization (303508)*Joyce Nilsson Orsini, Fordham University Graduate School of Business
Keywords: Statistical Methods, Management, Communication, Systems,
Do executives know why they need data? What data they need? Where to get it? How to get it? And once they get it, what to do with it? Statisticians can play a major role in helping executives figure this all out.
Management requires understanding of interactions of systems, psychology of people, identifying knowledge and how we get it, and understanding statistical variation. The last is the key to understanding the first three.
This interactive discussion will address how to use statistical analyses to help management understand an organization as a system of interactive processes, components, and people. It will address questions such as, what statistical methods identify processes in a system? interaction of processes? stability of processes? predictions of process outcomes, demand, and production? How can we know if people are learning, or when training is complete? how can we understand people’s contribution to a process?
How should we get data? Do we need an enumerative or analytic study? What about survey design? Should we sample, or use big data?