Explore importance of mis in relation to datadriven decision

Assignment Help Management Information Sys
Reference no: EM131230756

Assignment: LASA- Business Analytics Implementation Plan

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:

1. Revise the previous proposal based upon the comments from your instructor.

2. Explain the importance of MIS in relation to data-driven decisions.

3. Describe the techniques and tools that can be utilized to manage the data. Include at least 2 effective techniques and 3 effective tools.

4. 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.

5. 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)

o Importance of MIS
o Techniques and Tools Utilized Along with examples
o 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.

Reference no: EM131230756

Questions Cloud

How us speculators could use foreign exchange derivatives : Explain how U.S. speculators could use foreign exchange derivatives to speculate on the expected appreciation of the Japanese yen.
Interaction of capital flows and yield curve : How do you think the yield curve would be affected if foreign investors in short-term securities and long-term securities suddenly anticipate that the value of the dollar will strengthen?
Identify three potential vendors : Identify three potential vendors. Compare and contrast the three different vendors. Be sure to consider the services, data solutions, and security features they provide.
Which factor have the biggest impact on euros exchange rate : How the Euro's Value May Respond to Prevailing Conditions:-  Which factor do you think will have the biggest impact on the euro's exchange rate?
Explore importance of mis in relation to datadriven decision : 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.
Did the outcome involve issues of money and power : Did the outcome involve issues of money and power? How did this affect sports? Did the decision lead to better management of sport or sport play? If so, in what way?
What is the risk to speculators who sell put options : Under what conditions would speculators sell a call option? - What is the risk to speculators who sell put options?
Describe the methods of solving equations and inequalities : Write a short paragraph on using variables as "place holders" for numbers. Explain why using variables is so important.
Describe how each factor affects the size of the premium : Identify the factors affecting the premium paid on a call option. - Describe how each factor affects the size of the premium.

Reviews

Write a Review

Management Information Sys Questions & Answers

  Report for ms petrelli describing some port-scanning tools

Based on this information, write a 4 page report for Ms. Petrelli describing Some port-scanning tools that might be useful to your company. The report should Include available tools, such as Retina or Languard, and their cost

  Research paper on social media information system

Research paper on Social Media Information System. You are required to write a 5 to 7pages' research paper on a topic related to managing information systems. Your paper however must be an applied research paper

  Social media strategy implementation and evaluation

Social media strategy implementation and evaluation

  How a company measures benefits provided by online business

No matter how a company measures the benefits provided by an online business implementation, it usually tries to measure those benefits in monetary units.

  Internet security paperi have to write a 3-4 page paper

internet security paperi have to write a 3-4 page paper examining the impact that the internet has placed on

  Who is responsible for defining evp

Why is it important to understand thoroughly the various elements of the employee value proposition (EVP)? Why would a company want to know what are the most important aspects of EVP for their employees? Who is responsible for defining EVP

  Blue skies airline drawing data flow diagrams from the

blue skies airline drawing data flow diagrams from the given situation.reservation systemblue skies airline a fairly

  Describe measurable benefits of progressing up cmmi model

Elaborate on three (3) of the obstacles that must be overcome as a business moves up the CMMI model. Suggest key methods for overcoming the obstacles you have identified.

  Dbms and database environmentit has been said that you do

dbms and database environmentit has been said that you do not need database management software to create a database

  Logistics networkwhat are the main steps for designing a

logistics networkwhat are the main steps for designing a logistics network? specifically what data would you

  What are some strengths of computer systems

Strengths of computer systems and What are some strengths of computer systems and technology use, including hardware and software?

  Riordan manufacturing mba 530 analysisbased on riordan

riordan manufacturing mba 530 analysisbased on riordan manufacturing scenario answer the following questions.step 1

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