Analyze importance of mis in relation to datadriven decision

Assignment Help Management Information Sys
Reference no: EM131316590

Assignment: LASA- Business Analytics Implementation Plan

You began writing your business analytics implementation plan in Module 3. In addition, you already have gained information about the various technological solutions discussed in the previous modules. In this assignment, you will now address ways to implement the plan along with any associated costs, as this will complete the proposal for management to make their decision.

Description of LASA

In this assignment, you will amend your existing business analytics implementation plan developed in Module 3. You will amend the existing proposal to discuss the importance of managing information systems, describe the techniques and tools used to manage the data, and explain how utilizing technology can help the organization.

Scenario

You have been hired as a business analyst for a well-known design firm. Currently, they utilize technology for their day-to-day operations but not to analyze data that could help with making business decisions. Your task is to convince management that the usage of business analytics would be a great benefit to the business and it would help the business to make well-informed decisions and thus action plans that would align with the business's strategic planning.

The firm currently has technology in place but does not have any connected systems. The databases are all independent of each other but they do utilize a client/server environment. The firm currently has one location but is looking to add a second location in another part of the state but is unsure about whether it would be beneficial to the firm.

The firm liked your implementation plan but have questions about how they will manage the data and how data driven decision making can help the organization versus just being an additional expense for the organization (cost of new equipment or resources).

Instructions

Using the Argosy University online library resources and the Internet, research business analytics implementation plans, especially methods of developing a rationale in support of implementation. Select at least 6 scholarly sources for use in this assignment.

Amend your existing proposal addressing the importance of Management Information Systems and managing the data for the organization.
Objectives of proposals:

1. Revise the previous proposal based upon the comments from your instructor.

2. Explain the importance of MIS in relation to data-driven decisions.

3. Describe the techniques and tools that can be utilized to manage the data. Include at least 2 effective techniques and 3 effective tools.

4. Explain how the techniques and tools can be utilized to present data to management and other organizational decision makers. Be sure to include at least 3 innovative examples that follow current best practices for managing data.

5. Explain to management how the data can add value to the business in day-to-day operations as well as long-term strategic planning. Use examples to further demonstrate how value is added to an existing organization.

Write the paper from the perspective that it will be presented to the firm's management team as you are trying to persuade them to utilize business analytics for data-driven decision making.

The paper should contain:

• Cover Page (update date)
• Table of Contents (auto-generated by Microsoft Word and updated)
• Introduction
• Implementation Plan (5-6 pages of content revised as per instructor feedback)
• Management Information Systems Section: (5-6 pages of new content)

o Importance of MIS
o Techniques and Tools Utilized Along with examples
o Added Value to Organization

• Conclusion

• References

Utilize at least 6 scholarly sources in support of your recommendations.

Make sure you write in a clear, concise, and organized manner; demonstrate ethical scholarship in appropriate and accurate representation and attribution of sources; display accurate spelling, grammar, and punctuation.

Submit a 10-12-page report in Word format. Apply APA standards to citation of sources.

Reference no: EM131316590

Questions Cloud

How much could you borrow against the value of the home : You bought a house at $312,500 and borrowed $250,000 in a fully amortizing 30 year fixed-rate mortgage at an interest rate of 7% to buy your home 5 years ago. You have lived in your home for 5 years and still have the original loan. How much could yo..
What is difference between shareholder and stakeholder value : What is the difference between shareholder and stakeholder value? What is social responsibility? How does it, if at all, contribute to shareholder and stakeholder value? Does it add value to the firm?
Find the beam deflection as a function of the coordinate x : A cantilever beam of flexural rigidity EI and length l is under a uniformly distributed load q (force per unit length). Find the beam deflection as a function of the coordinate x from the fixed end.
Discuss the strengths and weaknesses of each piece : Discuss the strengths and weaknesses of each piece.If the articles talk to each other (that is, if they support or contrast with one another), explain how and why.What does the evidence tell us?Is there another possible explanation you can think of? ..
Analyze importance of mis in relation to datadriven decision : Explain the importance of MIS in relation to data-driven decisions. Describe the techniques and tools that can be utilized to manage the data. Include at least 2 effective techniques and 3 effective tools.
Summarize three of the characteristics of civilizations : Explain how the Neolithic revolution contributed to the origins of your chosen civilization. Summarize three of the characteristics of civilizations and assess how they are manifested in your chosen civilization
What annual interest rate must they earn to reach their goal : Your parents will retire in 21 years. They currently have $310,000 saved, and they think they will need $1,050,000 at retirement. What annual interest rate must they earn to reach their goal, assuming they don't save any additional funds?
Find the beam deflection at x from the left end : As a result, the beam does not generate moments at both ends or any axial force. Find the beam deflection at x from the left end.
What is the present value of security : What is the present value of a security that will pay $31,000 in 20 years if securities of equal risk pay 11% annually?

Reviews

Write a Review

Management Information Sys Questions & Answers

  Management operations - supply chain1 what operational

management operations - supply chain1. what operational changes would you expect if your company implemented a new

  Discuss what has been the most surprising

Looking back on everything you have learned in this class, discuss what has been the most surprising or interesting lesson learned. Explain what made it so.

  Determine what his break even point

John owns a shave ice stand - Help Him to determine what his break even point is.

  Prototyping methodologybriefly describe the steps of a pure

prototyping methodologybriefly describe the steps of a pure prototyping methodology as an alternative to an sdlc

  Employee retentionhow might i apply information technology

employee retentionhow might i apply information technology systems and improvement solutions to employee retention in

  How teaching by example influences development of ethical

Describe at least three ways a person can teach by example according to the article and provide a personal example in which you have demonstrated this concept.

  Provide the costs estimate for the tasks

Provide the costs estimate for the tasks. Note: Your estimate should include, but not be limited to, fixed and variable cost components, Establish a WBS to support the project with the revised schedule

  Explain role of the five components of information system

Explain the role of the five components of information system - define how you can use the five component model to guide learning and thinking about information systems

  Company''s standards in relation to technology

technology usage policies - Being considered an ethical company by consumers can help a company to increase its market share. How can a company's standards in relation to technology help them to be seen as ethical?

  Create each table and specify appropriate column data types

Create each table and specify appropriate column data types, primary keys, foreign keys, and any special column characteristics in the Access database implementation. Build relationships in the Relationship window in Access and specify referenti..

  Explain how you would implement each of the three plans

Describe a minimum of three types of police plans (such as a reactive plan) which could be utilized in the above scenario. Explain how you would implement each of the three plans. Justify your reasoning.

  Advantages and disadvantages of erp package

Advantages and disadvantages of ERP package and What are the advantages and disadvantages of ERP package or specific manufacturing production planning utilities?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd