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Create a hypothetical scenario in which you answer questions

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Assignment

Read the article "Data is Worthless if you don't Communicate it "Preview the document from the HBR Blog. This article lists out six critical questions for the data analyst/user/presenter. Based on what you have learned about inventory management, create a hypothetical scenario in which you answer those questions for the CEO of your firm.

Not only do we need to communicate big data to our management, but we need to understand what it is worth, what value it brings to the enterprise. Please watch this TED talk on how to monetize big data.

Youtube Video: "How to Monetize Big Data | Mathias Lundø Nielsen | TEDxKEA"

If your current (or any past job) presents you with the opportunity to apply this situation, please feel free to build your response around that real situation. If not, please discuss a hypothetical application of the concepts.

This assignment should be between 3 double-spaced body pages (not including ancillary pages).

Reference no: EM131942070

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