At a recent meeting, one of your coworkers stated that “Using the right analysis tool will compensate

At a recent meeting, one of your coworkers stated that “Using the right
analysis tool will compensate for inexperienced managers.”

How would you reply to your coworker? Consider the following items in your discussion:

Do the tools help only in certain situations such as routine, daily or
rather mundane decisions, like cost controls, quality controls or staffing
questions (in term of number of people needed)?

How can analysis tools help the finance or accounting arms of a company more
so than operations managers? (For example, do computers really think? Do they
learn from their mistakes? Can they manipulate or change their
environment?)

What happens if the data entered is wrong?

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