Explain how the techniques and tools can be utilized

Assignment Help Business Management
Reference no: EM131163658

Assignment: 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: EM131163658

Questions Cloud

Measure a website design effectiveness : Companies use Web analytics to gather data and measure a Website's design effectiveness among its users. Of the two (2) web analytic categories (on-site and off-site), speculate on which one (1) is more effective.
What are some of the potential threats to the success : What are two products that you consider to be in the Growth stage of the Product Life Cycle and why? What are some of the potential threats to the success of both companies during this stage?
Estimate the forces required to support this system : Water at 20°C flows down through a vertical, 6-cmdiameter tube at 300 gal/min, as in Fig. P3.74. The flow then turns horizontally and exits through a 90° radial duct segment 1 cm thick, as shown.
Develop intellectual property violation reporting procedures : Develop intellectual property violation reporting procedures. Develop intellectual property infringement ramifications. Use at least three (3) quality resources in this assignment. Note: Wikipedia and similar Websites do not qualify as quality resou..
Explain how the techniques and tools can be utilized : 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.
Meaning that a classifier predicts that the customer : Suppose that you are working for a phone company that wants to predict churn. Churn is when customers cancel their subscriptions. Let x designate a customer, let actual be a binary random variable meaning that the customer actually churns, and let..
Explain why lancôme with- drew from the men skincare market : Using the demographic and psychographic information provided in the case, describe the traits that would make the most desirable target market for a line of men's grooming products if Lancôme were to reenter this market. Explain.
Attribute highest information gain : Which attribute has the highest information gain? Justify your answer. Use Gini Index (1 - p12 - p22) as measurement criteria.
Java program that allows the user to select : For this project, you will write a Java program that allows the user to select an animal from a menu and then display information about the animal.

Reviews

Write a Review

Business Management Questions & Answers

  Caselet on michael porter’s value chain management

The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.

  Analysis of the case using the doing ethics technique

Analysis of the case using the Doing Ethics Technique (DET). Analysis of the ethical issue(s) from the perspective of an ICT professional, using the ACS Code of  Conduct and properly relating clauses from the ACS Code of Conduct to the ethical issue.

  Affiliations and partnerships

Affiliations and partnerships are frequently used to reach a larger local audience? Which options stand to avail for the Hotel manager and what problems do these pose.

  Innovation-friendly regulations

What influence (if any) can organizations exercise to encourage ‘innovation-friendly' regulations?

  Effect of regional and corporate cultural issues

Present your findings as a group powerpoint with an audio file. In addition individually write up your own conclusions as to the effects of regional cultural issues on the corporate organisational culture of this multinational company as it conducts ..

  Structure of business plan

This assignment shows a structure of business plan. The task is to write a business plane about a Diet Shop.

  Identify the purposes of different types of organisations

Identify the purposes of different types of organisations.

  Entrepreneur case study for analysis

Entrepreneur Case Study for Analysis. Analyze Robin Wolaner's suitability to be an entrepreneur

  Forecasting and business analysis

This problem requires you to apply your cross-sectional analysis skills to a real cross-sectional data set with the goal of answering a specific research question.

  Educational instructional leadership

Prepare a major handout on the key principles of instructional leadership

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