Business analytics implementation plan

Assignment Help Business Management
Reference no: EM13252442

Assignment 2: LASA 2-Business Analytics Implementation Plan Part 2

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:

Revise the previous proposal based upon the comments from your instructor.
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.
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.
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)
Importance of MIS
Techniques and Tools Utilized Along with examples
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. Use the following file naming convention: LastnameFirstInitial_M5_A1.doc.

By Tuesday, August 19, 2014, deliver your assignment to the M5: Assignment 2 Dropbox.

Grading Criteria and Rubric

Assignment Components
Proficient
Max Points

Revise the proposal based upon feedback from instructor.
All corrections or updates are addressed in the existing proposal.
24

Explain the importance of MIS in relation to data-driven decisions.
Explanation and definition of Management Information Systems are accurate. A clear, concise relationship of the importance of MIS to data-driven decision making is provided.
76

Describe the techniques and tools that can be utilized to manage the data.
At least 2 effective techniques and 3 effective tools are discussed in relation to how they could assist in managing the data for the organization.
52
how the techniques and tools can be utilized to present the data to management.
Explanation clearly demonstrates at least 3 examples of how the techniques and tools could be utilized to present the data to management.
36

Explain how data can add value to the organization at all levels.
Explanation demonstrates how data can add value to the organization not only for day-to-day operations, but also how it can assist the organization with their long-term strategic planning.
48
Presentation Components

Organization (16)
Usage and Mechanics (16)
APA Elements (24)
Style (8)
Wrote in a clear, concise, and organized manner; demonstrated ethical scholarship in appropriate and accurate representation and attribution of sources; and displayed accurate spelling, grammar, and punctuation. APA format was used. Use of scholarly sources aligns with specified assignment requirements.
64

Total

300

Reference no: EM13252442

Questions Cloud

Explain species diamagnetic and which paramagnetic : Which of the following species would you expect to be diamagnetic and which paramagnetic? (a) K+; (b) Cr3+; (c) Zn2+; (d) Cd; (e) Co3+; (f) Sn2+; (g) Br.
Which child has the larger linear speed : Two children ride on a merry-go-round. One is 2 m from the axis of rotation and the other is 4 m from it. Which child has the larger linear speed and acceleration
How understanding of managment and organizational behavior : How does understanding of managment and organizational behavior lead to organizational effectiveness and efficiency? Why is the study of historical managment theories important today?
What is the maximum power that can be delivered to the load : The battery is made by connecting 5 unit cells in series and then by connecting 7 of these series cells in parallel. Each unit cell has the voltage of 1.25 V and the internal resistance if 3.4 Ohm.
Business analytics implementation plan : Business Analytics Implementation Plan
To what value must the 6-ohm resistor be changed : Obtain the power factor of a two-branch parallel circuit whre th efirst branch has Z1 = 2 + j4 ohms and the second Z2 = 6 + j0 ohms. To what value must the 6-ohm resistor be changed to result in the overall power factor of 0.90 lagging
Which shipping alternative would you recommend : Four hundred and ten boxes are to be shipped, and each box has a price of $156. Which shipping alternative would you recommend?
Why is the density of an ethanol water mixture dependant : Why is the density of an ethanol/water mixture dependant on temperature? and how would the density of the ethanol/water change IF the temperature was increased and decreased
What are the agencys primary areas of focus : What is your understanding of the role of the U.S. Public Health System? What are the agency's primary areas of focus? Do you think the agency's initiatives are making a difference?

Reviews

Write a Review

Business Management Questions & Answers

  Minimize costs

Assign jobs to machines to minimize costs.

  Strategic compensation significant for the long-term success

Why is strategic compensation significant for the long-term success of a company? he response must be at least 200 words in length.

  Managing multiparty negotiations

Discuss the process you would employ to diffuse the problem and explain your process. Discuss the expected outcomes of your process and what you would do it your attempts did not work.

  Explain how would you have handled it

Explain how would you have handled it and Does that change now that you have seen the Court's decision

  Illustrate what is your position relative to hr strategy

Illustrate what is your position relative to HR understanding the business strategy? Is it really necessary? Please answer in 225 words or less and cite URL or references used for class discussion.

  Which university will average food consumption be higher

if the student eats less, he or she gets a $2 per pound refund. If students are rational, at which university will average food consumption be higher?

  What info do you share with the prospect

One of your long-time customers had a very bad experience with this competitor. What info do you share with the prospect?

  Organizational sales teams

Organizational Sales Teams - why is it important for the sales team to remember the overall goals of the organization?

  Explaining dominant style-approach to leadership

Although most leaders have dominant or preferred style-approach to leadership, there are situations which need leaders to flexible with their style in order to be effective.

  Using a binomial pricing model what is the impact

Using a binomial pricing model what is the impact on the price of a call option if the company increases the dividend paid to shareholders

  Multitude of parties across multiple legal jurisdictions

With a multitude of parties across multiple legal jurisdictions, we learn. Does not wish to employ any staff.

  Which of the subsequent is the resulting mad value

The individual forecasts were 110 for all five years. Which of the subsequent is the resulting MAD value that can be calculated from this data?

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