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Data driven decision support

During the past two decades the implementation and adoption of information technology has rapidly increased. As a consequence the way businesses operate has changed dramatically. For example, the amount of data has grown exponentially. Companies are looking for ways to use this data to add value to their business. This has implications for the manner in which (financial) governance needs to be organized. The main purpose of this study is to obtain insight in the changing role of controllers in order to add value to the business by means of data analytics. To answer the research question a literature study was performed to establish a theoretical foundation concerning data analytics and its potential use. Second, nineteen interviews were conducted with controllers, data scientists and academics in the financial domain. Thirdly, a focus group with experts was organized in which additional data were gathered. Based on the literature study and the participants responses it is clear that the challenge of the data explosion consist of converting data into information, knowledge and meaningful insights to support decision-making processes. Performing data analyses enables the controller to support rational decision making to complement the intuitive decision making by (senior) management. In this way, the controller has the opportunity to be in the lead of the information provision within an organization. However, controllers need to have more advanced data science and statistic competences to be able to provide management with effective analysis. Specifically, we found that an important skill regarding statistics is the visualization and communication of statistical analysis. This is needed for controllers in order to grow in their role as business partner..

Citizens’ data‑ing with contemporary data in their daily life

Citizens regularly search the Web to make informed decisions on daily life questions, like online purchases, but how they reason with the results is unknown. This reasoning involves engaging with data in ways that require statistical literacy, which is crucial for navigating contemporary data. However, many adults struggle to critically evaluate and interpret such data and make data-informed decisions. Existing literature provides limited insight into how citizens engage with web-sourced information. We investigated: How do adults reason statistically with web-search results to answer daily life questions? In this case study, we observed and interviewed three vocationally educated adults searching for products or mortgages. Unlike data producers, consumers handle pre-existing, often ambiguous data with unclear populations and no single dataset. Participants encountered unstructured (web links) and structured data (prices). We analysed their reasoning and the process of preparing data, which is part of data-ing. Key data-ing actions included judging relevance and trustworthiness of the data and using proxy variables when relevant data were missing (e.g., price for product quality). Participants’ statistical reasoning was mainly informal. For example, they reasoned about association but did not calculate a measure of it, nor assess underlying distributions. This study theoretically contributes to understanding data-ing and why contemporary data may necessitate updating the investigative cycle. As current education focuses mainly on producers’ tasks, we advocate including consumers’ tasks by using authentic contexts (e.g., music, environment, deferred payment) to promote data exploration, informal statistical reasoning, and critical web-search skills—including selecting and filtering information, identifying bias, and evaluating sources.

Data mining in MRO

Data mining seems to be a promising way to tackle the problem of unpredictability in MRO organizations. The Amsterdam University of Applied Sciences therefore cooperated with the aviation industry for a two-year applied research project exploring the possibilities of data mining in this area. Researchers studied more than 25 cases at eight different MRO enterprises, applying a CRISP-DM methodology as a structural guideline throughout the project. They explored, prepared and combined MRO data, flight data and external data, and used statistical and machine learning methods to visualize, analyse and predict maintenance. They also used the individual case studies to make predictions about the duration and costs of planned maintenance tasks, turnaround time and useful life of parts. Challenges presented by the case studies included time-consuming data preparation, access restrictions to external data-sources and the still-limited data science skills in companies. Recommendations were made in terms of ways to implement data mining – and ways to overcome the related challenges – in MRO. Overall, the research project has delivered promising proofs of concept and pilot implementations

Data literacy for improving governmental performance

Big data analytics received much attention in the last decade and is viewed as one of the next most important strategic resources for organizations. Yet, the role of employees' data literacy seems to be neglected in current literature. The aim of this study is twofold: (1) it develops data literacy as an organization competency by identifying its dimensions and measurement, and (2) it examines the relationship between data literacy and governmental performance (internal and external). Using data from a survey of 120 Dutch governmental agencies, the proposed model was tested using PLS-SEM. The results empirically support the suggested theoretical framework and corresponding measurement instrument. The results partially support the relationship of data literacy with performance as a significant effect of data literacy on internal performance. However, counter-intuitively, this significant effect is not found in relation to external performance.

Data Studio

From dirty data to multiple versions of truth

Learning analytics is the analysis of student data with the purpose of improving learning. However, the process of data cleaning remains underexposed within learning analytics literature. In this paper, we elaborate on choices made in the cleaning process of student data and their consequences. We illustrate this with a case where data was gathered during six courses taught via Moodle. In this data set, only 21% of the logged activities were linked to a specific course. We illustrate possible choices in dealing with missing data by applying the cleaning process twelve times with different choices on copies of the raw data. Consequently, the analysis of the data shows varying outcomes. As the purpose of learning analytics is to intervene based on analysis and visualizations, it is of utmost importance to be aware of choices made during data cleaning. This paper's main goal is to make stakeholders of (learning) analytics activities aware of the fact that choices are made during data cleaning have consequences on the outcomes. We believe that there should be transparency to the users of these outcomes and give them a detailed report of the decisions made.