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Predictive Analytics for Strategic Resource Allocation

by James Martin 1,*
1
James Martin
*
Author to whom correspondence should be addressed.
Received: 26 August 2021 / Accepted: 29 September 2020 / Published Online: 30 October 2021

Abstract

In an increasingly competitive and dynamic business landscape, organizations are continuously seeking innovative approaches to optimize their operations and achieve sustainable growth. One crucial aspect of organizational success lies in the strategic allocation of resources. Efficient resource allocation ensures that organizations can maximize their potential while minimizing costs, thereby enhancing overall performance and fostering a competitive edge. However, the complexity of modern business environments poses significant challenges in making informed resource allocation decisions. This is where predictive analytics emerges as a powerful tool, offering the potential to transform strategic resource allocation processes.


Copyright: © 2021 by Martin. This is an open-access article distributed under the terms of the Creative Commons Attribution License (CC BY) (Creative Commons Attribution 4.0 International License). The use, distribution or reproduction in other forums is permitted, provided the original author(s) or licensor are credited and that the original publication in this journal is cited, in accordance with accepted academic practice. No use, distribution or reproduction is permitted which does not comply with these terms.
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APA Style
Martin, J. (2021). Predictive Analytics for Strategic Resource Allocation. Management Analytics and Decision, 3(2), 24. doi:10.69610/j.mad.20211030
ACS Style
Martin, J. Predictive Analytics for Strategic Resource Allocation. Management Analytics and Decision, 2021, 3, 24. doi:10.69610/j.mad.20211030
AMA Style
Martin J. Predictive Analytics for Strategic Resource Allocation. Management Analytics and Decision; 2021, 3(2):24. doi:10.69610/j.mad.20211030
Chicago/Turabian Style
Martin, James 2021. "Predictive Analytics for Strategic Resource Allocation" Management Analytics and Decision 3, no.2:24. doi:10.69610/j.mad.20211030

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ACS Style
Martin, J. Predictive Analytics for Strategic Resource Allocation. Management Analytics and Decision, 2021, 3, 24. doi:10.69610/j.mad.20211030
AMA Style
Martin J. Predictive Analytics for Strategic Resource Allocation. Management Analytics and Decision; 2021, 3(2):24. doi:10.69610/j.mad.20211030
Chicago/Turabian Style
Martin, James 2021. "Predictive Analytics for Strategic Resource Allocation" Management Analytics and Decision 3, no.2:24. doi:10.69610/j.mad.20211030
APA style
Martin, J. (2021). Predictive Analytics for Strategic Resource Allocation. Management Analytics and Decision, 3(2), 24. doi:10.69610/j.mad.20211030

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