Create an implementation plan to integrate business analytic

Assignment Help Business Management
Reference no: EM131117769

Business Analytics Implementation Plan

Part 1

In learning about BA, you have covered quite a few topics from the manager's decision-making process to technology integration. The best way to pull all of this knowledge together is to create a BA implementation plan for a hypothetical organization. This is something you would do in a real-life scenario if you came across an organization that does not utilize BA; as a professional, you would create the plan and then present it to management.

Description of LASA

In this assignment, you will create a business analytics implementation plan. The plan will consist of explaining business analytics to management, addressing the advantages and disadvantages of business analytics, the challenges of utilizing business analytics, along with a backup plan in case management does not accept the first option.

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 to 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 and it is looking to add a second location in another part of the state, but is unsure as to whether it would be beneficial to the firm.

Instructions

Using the Argosy University online library resources and the Internet, research business analytics implementation plans. Select at least 4 scholarly sources for use in this assignment.

Write a proposal in which you explain the importance of using business analytics.

Objectives of proposals:

1. Describe the business and provide a summary of the business analytics they could apply to their business in multiple scenarios.

2. Describe the benefits and disadvantages of business analytics, as well as how the organization can be proactive in addressing any disadvantages. Include at least 3 benefits and disadvantages.

3. Address any challenges the organization may face using business analytics, as well as how the organization can be proactive in addressing the challenges. Be sure to address at least 3 challenges.

4. Propose three business analytic techniques. Compare them and discuss at least two benefits and disadvantages of each.

5. Create an implementation plan to integrate business analytics into your organization.

6. Create a backup proposal in case management does not approve your initial proposal. The backup proposal should have at least 3 changes different from the original plan.

Write the paper from the perspective that it will be presented to management of the firm and you are trying to persuade them to utilize business analytics for data-driven decision making.

The paper has to contain the following:

• Cover Page
• Table of Contents (auto-generated by MS Word)
• Introduction
• Implementation Plan (5-6 pages of content)
• Conclusion
• References

Utilize at least 4 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.

Write a 10-12-page proposal in Word format. This page total should include the Cover Page, Table of Contents, Introduction, Implementation plan, Conclusion, and references. Apply APA standards to citation of sources.

Reference no: EM131117769

Questions Cloud

Explain why the central banks intervention caused : Explain why the central bank's intervention caused such panic among currency futures traders with buy positions. Explain why the floor broker's willingness to sell 300 pound futures contracts at the going market rate aroused such concern. What might ..
Non profit organisations in the public sector : What are some of the problems with the performance management in Non Profit Organisations in the public sector in any country.
Statement reports data for its first year of operation : Cold Goose Metal Works Inc.'s income statement reports data for its first year of operation. The firm's CEO would like sales to increase 25% next year.
Explain the potential impact on health care professionals : Examine the "dreams" and the "nightmares" the authors associate with this type of integrated health record. Select one benefit or one challenge of integrating PHRs into EHR platforms. Then, consider its potential impact on health care providers an..
Create an implementation plan to integrate business analytic : Create an implementation plan to integrate business analytics into your organization. Describe the business and provide a summary of the business analytics they could apply to their business in multiple scenarios.
Question regarding the cost of borrowing in cash : Calculate the difference between cost of borrowing in cash and cost of borrowing in gold (in dollar amount). Note in calculating the difference, deduct the cost of borrowing in gold from the cost of borrowing in cash. All rates are quoted in conti..
How can the team hedge its position : How can the team hedge its position? What is there to lose by waiting 3 months to see if the exhibition game is approved before hedging?
Cash inflows associated with this purchase : Simes Innovations, Inc., is negotiating to purchase exclusive rights to manufacture and market a solar-powered toy car. The car's inventor has offered Simes the choice of either a one-time payment of $1,500,000 today or a series of five year-end ..
Risk neutral probability for the up move in first step : Find the following by assuming monthly compounding. Find the risk neutral probability for the up move in first step.

Reviews

Write a Review

Business Management Questions & Answers

  What are some examples of climatic influence on business act

What are some examples of climatic influence on business activity? What are some examples of topographical influences on business activity? How would you adapt your global business operations to climatic and topographical influences? What are some ke..

  Efficient performance vs learning organization

Efficient performance design versus a learning organization design. Please identify the 5 elements for each design type.

  Assume that the price of asset x at close of trading

Assume that the price of Asset X at close of trading yesterday was $300 and its volatility was estimated as 1.3% per day

  Defines the process of recruitment

Question # 11 Which of the following defines the process of 'Recruitment'? Select correct option: Forecasting the demand of human resources Forecasting the supply of human resources Discovering potential job candidates for a particular position..

  Illustrate what way the us trucking industry exemplified

illustrate what way the U.S. trucking industry exemplified the capture theory hypothesis of government regulation prior to the passage of the Motor Carrier Act of 1980.

  1 a large international rental car company decides to

1 a large international rental car company decides to develop a customer retention program. the programs goal is to

  What caused you to select the ethical theory you selected

Explain what ethical theory you relied upon in drafting your code of ethics (and why), and how it guided you in coming up with what you came up with. What caused you to select the ethical theory you selected? Was there something that caused you to..

  What selling price would cause break-even point to be 120

Mysti Farris (see Problem 1-19) believes that there is a high probability that 120 pool cues can be sold if the selling price is appropriately set. What selling price would cause the break-even point to be 120?

  Goals in applying to enter rosemont''s graduate business

goals in applying to enter Rosemont's graduate business program.

  Lower-left corner of the scatterplot

As in the previous exercise, create a group of 10 points in the lower-left corner of the scatterplot with a strong straight-line pattern (correlation at least 0.9). Click the "Show least-squares line" box to display the regression line.

  Why this will make company more competitive

A company well regarded in community it's located in also concerned with this built reputation, is thinking of outsourcing one of its product lines; this will make company more competitive also presumably allow firm to grow.

  Employee evaluation process

Employee Evaluation Process - Show the employee evaluation process as it exists within your organization or one that you are familiar with.

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