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Business intelligence is not just a set of tools to analyze raw data to help make strategic and operational decisions. It is a framework that offers guidance in understanding what to look for in the volumes of disparate data. As a framework, BI is a continuous cycle of analysis, insight, action and measurement.
Analyzing a business is based on what we know and feel to be important while filtering out the aspects of the business not considered mission critical or detrimental to the growth of the organization. Deciding what is important is based on our understanding and assumptions of what is important to customers, supplies, competitors and employees. All of this knowledge is unique to a business and is an incredible resource when formulating a BI strategy. However, having such granular grassroots knowledge of the business can subconsciously limit the ability to see patterns obvious to others. One of the benefits of BI reporting is performing ad hoc reporting by drilling down layers of data and pivoting on the rows and columns. Such flexibility opens the human inquisitive nature to ask more questions that wouldn’t necessarily be asked if such access to data wasn’t available. Effective analysis helps to understand the business better so to challenge conventional wisdom and assumptions as well as determining that which is the right analysis.
Discussion Topic #1:
Designing the Business Intelligence Dashboard for the Purpose
QUESTION: Discuss how Business Intelligence (BI) dashboards are being designed to present as much or as little information as required in any number of presentations from data visualizations to straight tables and pivot tables?
Also consider whether we should group dashboards and when we should and should not group these dashboards of information? Support your ideas with examples.
Determine the minimum and maximum cycle times and what range of output is theoretically possible for the line - What cycle time will provide an output rate of 200 units per day
Can rational and non rational models be integrated to create/produce better decisions?
Who is responsible for the occurrence of such a mistake? Find out the reason for the incident. How do you propose to solve such problems in future?
Water Wheelies manufactures high-pressure sprinkler heads. These are produced periodically at a rate of 20,000 per month. Demand is steady at 15,000 per month.
Can you help me evaluate the internal processes or strategies within an organization in which you are involved,
Comment upon Hollander’s (1992) suggestion that the leader-follower relationship is strongly affected by the “perceptions, misperceptions, and self-oriented biases” brought to the relationship by the follower.
You may also justify the answer using relevant legislation such as the Corporations Act and relevant auditing standards.
What were some of the consequences of urbanization? Identify at least one of the “Big Four” individuals of the early Texas oil industry? Why were these oilmen important for higher education and sports in Texas?
Is this practice ethical? Why or why not? Justify your answer. Give four (4) examples of products that have been introduced based on similar products.
Describe the two fundamental aspects of Six Sigma methodology.
Employees often bring their personal belongings to work, for whatever reason. Sometimes it's pictures of their family, sometimes their own pen, or a back pillow, or foot rest, etc. In those situations, should the employee anticipate their personal be..
The signed, written agreement specified delivery to take place on November 2 at Andrea's business in Omaha, Nebraska.
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