International Journal of Management Research and Economics
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Volume 4, Issue 2, July 2024 | |
Research PaperOpenAccess | |
Elevating Business Analysis with AI: Strategies for Analysts |
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1Business and Management, Transunion Canada, 3115 Harvester Rd, Burlington, ON L7N 3N8. E-mail: chiomabibi24@gmail.com
*Corresponding Author | |
Int.J.Mgmt.Res.&Econ. 4(2) (2024) 1-17, DOI: https://doi.org/10.51483/IJMRE.4.2.2024.1-17 | |
Received: 20/02/2024|Accepted: 16/06/2024|Published: 05/07/2024 |
This resource aims to empower business analysts with practical strategies for seamlessly integrating artificial intelligence (AI) into their analytical workflows. The content delves into fundamental AI concepts, demystifying its application for analysts. It explores a spectrum of AI tools, emphasizing their seamless integration and practical utility. The importance of data quality is highlighted, along with strategies for preparing data for effective AI-driven analysis. The guide introduces machine learning basics tailored for analysts, showcasing how these algorithms enhance predictive analysis. Automation’s role in boosting efficiency is discussed, with a focus on streamlining tasks to enable analysts to concentrate on strategic facets of their work. Ethical considerations in AI, including bias mitigation and transparency, are addressed, promoting responsible AI usage in the analysis process. Collaboration with data scientists is explored as a key aspect, emphasizing synergies between roles. Real-world case studies and best practices offer tangible insights, guidinganalysts in successful AI implementation. The resource advocates for a mindset of continuous learning, providing a roadmap for gradual AI integration into analysis processes. Ultimately, the goal is to equip analysts with the knowledge and tools needed to elevate their analytical capabilities through the strategic adoption of AI.
Keywords: Automation, Collaboration, Integration, Analyst, Rroadmap, Fundamental, Sstrategic
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