April Event: Decision-making in the Age of BIG DATA
Decision-making in the Age of BIG DATA
Presented by Dr. Errol Wirasinghe of ExpertUS
We will discuss the fundamentals that govern decision - making in today's climate of "big data" . Additionally we will explore the perils & pitfalls , and the inherent biases at play.
While the explosive growth of Big Data and Artificial Intelligence (machine learning based) technologies has led to automation replacing humans in many jobs, it has also created many other roles wherein human experts actively work in groups, with each other and with the intelligent machines, to make complex organizational decisions. Firms increasingly employ Big Data and AI/ML to aid expert human decision-makers in their non-routine operations, however, most are still struggling to reap substantial benefits from their investments. With the help of Dr. Errol Wirasinghe, we will examine best practices for decision-making in this new, emerging environment.
Bio
Dr. Errol Wirasinghe comes with over 30 years of experience in optimization, creative thinking, decision making and strategic planning. An Oil & Gas industry specialist and University Professor, Dr Wirasinghe has published papers on Management, Engineering and Economics. His paperback books include “The Art of Making Decisions”, “Better Defensible Decisions” and “Essential Negotiating Skills”. Dr Wirasinghe graduated as Valedictorian from Teesside University, U.K. and was awarded the prestigious CBI Scholarship to do his Ph.D. He has carved out a niche as a “decision-maker” and a “creativethinker”, to shatter the myth and math of decision-making. Initially, this technique was used for deciding where to drill for oil, based on seismic studies from different locations. In 1990, Dr Wirasinghe adopted it for general applications. Today, his process is used in disciplines as diverse as budgeting, career planning, safety, purchasing, bid evaluation, recruiting, performance evaluations, customer rankings, etc. Fluent in English, Spanish and Sinhalese, Dr Wirasinghe has worked and trained professionals in Asia, the Middles East, Africa, Europe, North America and South America. He has a thorough understanding of cultures and values that govern religious, social and business conduct on many Continents. Several of his consulting projects have included negotiations on behalf of international clients. He is an entertaining speaker with a global outlook and a passion for the subject. He brings a wealth of real-life experience and has helped many organizations add value to their human assets.
To learn more about Dr. Errol and his journey, check out this video: https://youtu.be/Q98nNy4UtFI
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