Reference no: EM133252691
It is always imperative to understand how to use data to add value to an organization. In this case, you will translate insight into value as you identify a business problem and determine what data is needed to solve the problem, Come up with a strategic analysis for a popular company of your choice that details the questions to be asked, data need, how the strategy can be implemented and discussion of the ethical considerations
1. Examine Big Data, Analytics, and the Path from Insights to Value
2. Pick research on an organization with which you are familiar with which you are familiar
3. Based on your research, write a report that analyzes the following factors/issues/concerns related to the organization's current business position by addressing the following topics :
- Current and emerging problems
- Effects of the problem on business performance
- Drivers influencing the problem
- Questions that need to be answered to solve the identified problems
- Discuss which data is needed to solve the problems identified.
- What are some ethical concerns to consider related to the collection and analysis of the data?
- Provide your recommendation on how to best use data analytics to improve performance and competitive advantage based on the organization's current business position.