Develop an analytics-driven business case for improving

Assignment Help Other Subject

Reference no: EM133878430

Objective:
Develop an analytics-driven business case for improving or solving a specific problem within an organization or industry of your choice. This project should simulate how analytics professionals approach real-world challenges, combining data exploration, stakeholder considerations, and actionable recommendations. Looking for last-minute assignment help? Grab it now!

Requirements:
Business Problem Identification: Select a specific problem within a business domain (e.g., customer retention, inventory optimization, market segmentation, or workforce productivity). Define the scope of the problem and its business impact in quantitative terms (e.g., cost, revenue, customer satisfaction).

Data Exploration: Use an open data source or collect secondary data relevant to your chosen problem. Ensure the dataset includes enough complexity (e.g., multiple variables, time series, or categorical and numerical data) to allow for meaningful analysis.

Analytical Techniques: Apply foundational analytics techniques to analyze the dataset. This may include descriptive analytics (summarizing trends and patterns), diagnostic analytics (identifying causes of issues), and exploratory data visualization.

Insights and Recommendations: Develop actionable insights based on your findings. Propose realistic solutions or strategies to address the problem, supported by your analysis.

Business Impact: Estimate the potential business impact of implementing your recommendations. Include a cost-benefit analysis, if possible.
Communication: Create compelling visualizations and deliverables to communicate your findings effectively to a non-technical audience.
Deliverables:
Report: Submit a comprehensive report (3,000-4,000 words) including the problem statement, data source description, methods used, findings, recommendations, and potential business impact.
Dashboard or Visualization: Build an interactive dashboard or series of visualizations summarizing key findings and supporting data-driven decision-making.
Presentation: Prepare a 10-minute presentation aimed at stakeholders (e.g., executives, managers) to pitch your business case and highlight the value of your recommendations.
Constraints:
AI tools may assist with technical tasks such as cleaning data or generating visualizations, but the interpretation, business framing, and recommendation development must reflect your own critical thinking.

Reference no: EM133878430

Questions Cloud

Developmental factors might influence type of intervention : Discussion about how these developmental factors might influence the type of intervention and technology supports that are selected for a specific student.

The pain management physician diagnoses : The pain management physician diagnoses the condition as "cervicobrachial syndrome, due to motor vehicle crash 10 months ago and past whiplash injury

How will you mitigate resistance to change : Describe the potential impact of a new CEO on the organization, its employees, and its performance. How will the organization need to restructure

Management of chronic neck and shoulder pain : A patient comes to the pain clinic for management of chronic neck and shoulder pain that she has suffered since she was the driver in a motor vehicle collision

Develop an analytics-driven business case for improving : Develop an analytics-driven business case for improving or solving a specific problem within an organization or industry of your choice. This project should

Definition of domestic violence : Types of abuse (physical, emotional, psychological, financial). Brief statistics on the prevalence of domestic violence to emphasize its importance.

Highly effective in rapid termination of acute seizures : Benzodiazepines Effectiveness: Benzodiazepines, such as Midazolam and Diazepam, are highly effective in the rapid termination of acute seizures.

Regarding levothyroxine dosage in pregnant woman : What is the recommended action regarding levothyroxine dosage in pregnant woman?

Reducing hospital readmissions for the aging population : Identify individuals or groups affected by the project and their roles. Explain how stakeholders will be involved and kept informed during the project.

User Account

All Pages