Prelims

Siva Ganapathy Subramanian Manoharan (Searce Inc, United Kingdom)
Rajalakshmi Subramaniam (Talaash Research Consultants, India)
Sanjay Mohapatra (Xavier Institute of Management, India)

Enabling Strategic Decision-Making in Organizations Through Dataplex

ISBN: 978-1-80455-052-6, eISBN: 978-1-80455-051-9

Publication date: 23 January 2023

Citation

Manoharan, S.G.S., Subramaniam, R. and Mohapatra, S. (2023), "Prelims", Enabling Strategic Decision-Making in Organizations Through Dataplex, Emerald Publishing Limited, Leeds, pp. i-xi. https://doi.org/10.1108/978-1-80455-051-920231019

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Emerald Publishing Limited

Copyright © 2023 Siva Ganapathy Subramanian Manoharan, Rajalakshmi Subramaniam and Sanjay Mohapatra


Half Title Page

ENABLING STRATEGIC DECISION-MAKING IN ORGANIZATIONS THROUGH DATAPLEX

Title Page

ENABLING STRATEGIC DECISION-MAKING IN ORGANIZATIONS THROUGH DATAPLEX

by

SIVA GANAPATHY SUBRAMANIAN MANOHARAN

Searce Inc, United Kingdom

RAJALAKSHMI SUBRAMANIAM

Talaash Research Consultants, India

AND

SANJAY MOHAPATRA

Xavier Institute of Management, India

United Kingdom – North America – Japan – India – Malaysia – China

Copyright Page

Emerald Publishing Limited

Howard House, Wagon Lane, Bingley BD16 1WA, UK

First edition 2023

Copyright © 2023 Siva Ganapathy Subramanian Manoharan, Rajalakshmi Subramaniam and Sanjay Mohapatra. Published under exclusive licence by Emerald Publishing Limited.

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A catalogue record for this book is available from the British Library

ISBN: 978-1-80455-052-6 (Print)

ISBN: 978-1-80455-051-9 (Online)

ISBN: 978-1-80455-053-3 (Epub)

Contents

List of Abbreviations xi
1. The Decision-Making Process at Organizations 1
1.1. Introduction to Decision-Making 1
1.2. The Process of Decision-Making at Organizations 5
1.2.1. Identification of the Actual Problem 6
1.2.2. Figure Out Alternative Solutions 7
1.2.3. Evaluate Current Solutions 7
1.2.4. Choose the Best Alternative 7
1.2.5. Implement Decision 7
1.2.6. Review the Decision 8
1.3. The Three Levels of Decision-Making at Organizations 8
1.3.1. Strategic Decisions 8
1.3.2. Tactical Decisions 9
1.3.3. Operational Decisions 10
1.4. Who Makes Which Level Decisions? 11
1.4.1. Strategic Level Decision-Making 11
1.4.2. Tactical Level Decision-Making 12
1.4.3. Operational Level Decision-Making 13
1.5. The Role of Data in Decision-Making at Strategic Level 14
1.5.1. Optimizing Decision-Making Process 16
1.5.2. Improving Regulatory Compliance 17
1.5.3. Accuracy and Timeliness of Decisions 17
1.5.4. Accountability 17
1.6. Decision-Making Process in Different Business Sectors Across the Industry 18
1.6.1. Information Technology Sector 18
1.6.2. Hospitality Sector 19
1.6.3. Healthcare Sector 20
1.6.4. Education Sector 21
1.7. Summary 23
1.8. Points to Ponder 24
1.9. Think and Answer 25
2. Managing Digital Data – The Biggest Challenge to Today’s Organizations 27
2.1. An overview of Digital Organizations 27
2.2. Concept of Digital Organization – How Do They Function? 28
2.3. Usage of Information Technology Based Systems at Digital Organizations 31
2.4. How Do Digital Organizations Manage Data? 33
2.5. Pros and Cons Associated with Digital Organizations 36
2.5.1. Digital organization – Pros 36
2.5.2. Digital organization – Cons 37
2.6. An Introduction to Database Management System 39
2.7. Types of DBMSs 40
2.8. Centralized DBMS 40
2.9. DDBMSs – A Detailed Insight 41
2.9.1. Functions of DDBMS 41
2.9.2. Applications of DDBMS 41
2.9.3. Benefits of DDBMS 42
2.9.4. Drawbacks of DDBMS 42
2.9.5. Components of a DDBMS 43
2.9.6. Architecture of DDBMS 44
2.10. Homogeneous DDBMS 45
2.10.1. Architecture of Homogeneous DDBMS 46
2.10.2. Applications of Homogeneous DDBMS 47
2.10.3. Challenges of Homogeneous DDBMS 47
2.10.4. Real-Time Challenges 47
2.11. Heterogeneous DDBMS 48
2.11.1. Architecture of Heterogeneous DDBMS 49
2.11.2. Applications of Heterogeneous DDBMS 50
2.11.3. Challenges of Heterogeneous DDBMS 52
2.11.4. Comparison of Homogenous and Heterogeneous DDBMSs 53
2.12. The Challenges Encountered by Organizations in Managing Digital Data 53
2.12.1. Real-Time Examples 55
2.13. An Introduction to Dataplex 56
2.13.1. Functions of Dataplex 58
2.13.2. Single-Click Permission to IA 59
2.13.3. Key Features of Dataplex 60
2.14. Advantages of Dataplex to today’s organizations 62
2.15. Summary 62
2.16. Points to Ponder 63
2.17. Think and Answer 64
3. Strategic Decision-Making Through Integrated Data Analytics 65
3.1. Data Analytics – An Overview 65
3.2. Types of Data Analytics 66
3.3. Importance of data analytics in today’s organizations 67
3.4. Curating, Analyzing, and Integrating Large-Scale Data Using Dataplex 68
3.5. Achieving Strategic Decision-Making Through Integrated Data Analytics 70
3.6. Mapping DaaP with Dataplex 70
3.7. Points to Ponder 74
3.8. Think and Answer 75
4. Digital Organizations and Their Approach Toward Handling Huge Data 77
4.1. Introduction to Data Lifecycle Management 77
4.2. Exploring DLs and Data Zones 79
4.3. Organizing Data Across Multiple Storage Devices 81
4.4. Archiving Data – One Click Template 84
4.5. Limitations and Challenges of Applying Dataplex in DLM 87
4.6. Summary 88
4.7. Points to Ponder 88
4.8. Think and Answer 89
5. Data Intelligence and its Applications to Organizational Decision-Making 91
5.1. Introduction to Data Intelligence 91
5.2. Application of DI at Organizations 95
5.3. Benefits of DI at Organizations 97
5.4. DI Through Dataplex 100
5.5. Limitations and Challenges 101
5.5.1. Technical Challenges 102
5.5.2. Non-Technical Challenges 102
5.6. Summary 103
5.7. Points to Ponder 103
5.8. Think and Answer 104
6. Organizational Governance Through Dataplex 105
6.1. The Challenges in Today’s Organization in Centrally Managing Data 105
6.2. Data Silos in Cloud – Biggest Hindrance in Sharing Data Within Organizations 107
6.2.1. Data Silos in Healthcare 109
6.2.2. Data Silos in Retail Industry 112
6.2.3. Data Silos in Banking 113
6.3. Steps in Building Data Culture 116
6.4. Creating Data – Driven Culture at Organizations 118
6.5. Policy Management and Governance in Implementing Dataplex 120
6.6. Monitoring and Auditing Data in Dataplex 125
6.7. CPM and Governance in Dataplex 127
6.8. Summary 129
6.9. Points to Ponder 129
6.10. Think and Answer 129
7. An Organizational Perspective of Deploying Dataplex 131
7.1. Deploying Dataplex at Organizations 131
7.2. Steps in Creating Zone in Dataplex Lake 133
7.3. Steps in Creating Assets in Raw Zone 133
7.4. Steps in Creating Assets in Curated Zone 134
7.5. Best Practices for Deploying Dataplex 134
7.6. Do’s and Don’ts While Deploying Dataplex 135
7.7. Summary 135
7.8. Points to Ponder 136
7.9. Think and Answer 136
8. The Future 137
8.1. Organizational Benefits of Dataplex Solution 137
8.2. Limitations and Challenges of Deploying Dataplex on a Real-Time Basis 139
8.3. Strategies for Future Enhancement 140
8.4. Recommendations for Practitioners 141
8.5. Summary 141
8.6. Points to Ponder 142
8.7. Think and Answer 142
References 143
Index 151

List of Abbreviations

AI Artificial Intelligence
BI Business Intelligence
CPM Central Policy Management
DB Database
DBMS Database Management System
DDBMS Distributed Database Management System
DI Data Intelligence
IAM Identity Access Management
MDU Manageable Data Unit
VPN Virtual Private Network