Techniques and tools that can be utilized to manage the data

Assignment Help Management Theories
Reference no: EM131161401

Assignment: LASA -Business Analytics Implementation Plan

You began writing your business analytics implementation plan. 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.

Reference no: EM131161401

Questions Cloud

The amount of bending of the light into a material depend on : The amount of bending of the light into a material depends on the__-  The wavelength of red light is:- The material surrounding the core of the optical wave-guide is called:
What is the project''s npv : Your company is considering a new project. The required equipment has a 3-year tax life, after which it will have zero salvage value. What is the project's NPV
How the intervention could be implemented in a chosen area : Over time, the CDC began to recognize that centralizing the support for evidence-based interventions (EBIs) for HIV prevention could help slow the epidemic in the US. EBIs are programs that have been developed in research settings, tested in expe..
Prepare a spreadsheet to present a cash flow forecast : Prepare a spreadsheet to present a cash flow forecast summary to a client for the forthcoming financial year. Make sure you include the company details and increasing cash balances. Include recomo nclations for the client in a statement.
Techniques and tools that can be utilized to manage the data : Describe the techniques and tools that can be utilized to manage the data. Include at least 2 effective techniques and 3 effective tools
Determine the power dissipated by the circuit at resonance : Calculate the values of R and C for the circuit to have a resonant frequency of 200 kHz and a bandwidth of 16 kHz.
How much of your tuition is currently funded through loans : How much of your tuition is currently funded through loans? How much of your tuition is currently funded through personal savings or salary? List at least two ways you could change your educational financial plan in future years.
Techniques and tools for managing the data : Assignment: Discussion-Techniques and Tools for Managing the Data. What would be some of the mistakes or consequences of not investigating the costs associated with the organization's information systems (data collection) choice
Impose taxes on the emission of specific pollutants : Governments often impose taxes on the emission of specific pollutants, such as carbon tax. What is the relationship between the short-run effect and the long-run effect of such a tax on the quantity of pollution emitted? What is the relationship betw..

Reviews

Write a Review

Management Theories Questions & Answers

  Learning in action

Learning contract proposal that will form the basis of your learning contract report.

  Change is the only constant

"Change is the only constant " Evaluate the different types of change that have occurred in Sony.

  How do advertisers try to use group influence

How do advertisers try to use group influence?  Will you find any specific examples and explain the relevant theory of group behavior and influence?

  Case study:saving sony

You have been appointed by Sony as a consultant on change management. Advise Sony on how they could implement the change by using the various theories of change you have learnt.

  How the stock market works

The purpose of this project is to help you to gain an understanding of how the stock market works and of the relationship between theory and practice.

  Find the optimal production quantities

Find not only the optimal production quantities, but also the optimal total cost.

  Describe the management process

Describe the management process and identify the skills required to manage business organizations.

  Case study : bert''s bonsai and aquatic sport museum

Case Study : Bert's Bonsai and Aquatic Sport Museum Prepare a knowledge management system.

  Knowledge management techniques

Demonstrate understanding of the many-sided nature of knowledge management

  Theory of transtheoretical model

Demonstrate understanding of the many-sided nature of knowledge management

  Write a paper on historical trends of management

Write a paper on Historical Trends of Management.

  Theory of reasoned action

Theory of Planned Behavior and Integrated Behaviors Model

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