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MIDS Essay
Course: Business Research Methods (DMS 502)
140 Documents
Students shared 140 documents in this course
University: University of Nairobi
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1
The present world is information-driven. Most organizations, if not all, rely on data to
make strategic decisions. Also, organizational strategic plans are premised upon available
data. Undoubtedly, companies are tapping into technological advances. Hence, giving market
controllers a run for their money. Notably, companies capitalize on open source software,
statistical modeling, and data analytics to achieve and maintain a competitive advantage
against their competitors. Multibillion organizations like Airbnb and Uber have capitalized on
data to connect prospective customers to their products. We live in a world where every
person's touchpoint with any digital appliance or service is monetized and recorded.
Therefore, all businesses must go to the drawing board. They must reinvent and transform to
adapt their services and products to meet the needs of their tech-savvy customers. Failure to
change, the companies will become obsolete. Previously, managers depended on their
intuition to make decisions. As a result, they undertook a hypothesis-driven approach to
making strategic decisions. The field of data science has completely changed this paradigm.
Data science has made business flexible. Also, it has made it more convenient to get services
and products. The convenience and flexibility are due to the advancements made in machine
learning and pattern recognition methods. Further, the advent and growth of cloud storage
have complemented the above improvements. Parallelization of computational abilities has
also allowed business managers to manage previously impossible tasks and make data-
oriented decisions.
My extreme interest in applying for graduate study in Data Science stems from the
chance that the course will give me data science knowledge. I believe that it will allow me to
learn more about data science through an interactive online platform. Further, I hope to get a
chance to develop healthy, sustainable, and close relationships with my classmates and
faculty members to make me a better Workday Release Manager. As a Workday Release
Manager, I am currently monitoring the features of Workday releases. I also cater the list to