Describe on sustainability Define 10 problems related to decision

Describe the
background and the general business environment for the project

It is the combination
of all external and internal factors that influence business and each other
that can be defined as business environment.

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The major factors in today’s business environment are:

·       
Markets: strong competition, expansion of
global markets, booming electronic markets on the Internet, innovative
marketing methods, opportunities for outsourcing with IT support, and need for
real time on demand transactions   

·       
Consumer demand: wanting customization,
quality, diversity of products, and speed of delivery and customers becoming
powerful and less loyal 

·       
Technology: more innovations, new products and
services, increasing obsolescence rate, increasing information overload, social
networking, Web 2.0 and beyond

·       
Societal: growth of government regulations and
deregulation, work force becoming more diversified, older, and composed of more
women, prime concerns of homeland security and terrorist attacks, increasing
social responsibility, greater emphasis on sustainability 

Define 10 problems
related to decision making that currently exist in the organization

1)    
Defining a problem

2)    
Potential causes of problem

3)    
Lack of alternative approaches

4)    
Selecting best approach to resolve the problem

5)    
Lack of clear plan for implementation of
alternative approach

6)    
Unreliability of plan implementation

7)    
Problem resolve verification

Describe the typical
organizational response to problems using the business pressure-responses-support
model

Business pressures, companies’ responses to these pressures,
and computerized support are the components of the pressure-response-support
model. It hints that responses are made to counter the pressures or to take
advantage of opportunities, support facilitates environment monitoring (e.g.,
for opportunities) and enhances the response quality.

Responses taken by organizations include, but are not
limited to:

·       
Employ strategic planning

·       
Breaking down a complex problem

·       
Use new and innovative business models

·       
Restructure business processes

·       
Participate in business alliances

·       
Improve partnership relationships

·       
Encourage innovation and creativity

·       
Improve customer service and relationships

·       
Move to electronic commerce (e-commerce)

·       
Move to make-to-order production and on-demand
manufacturing and services 

·       
Use new IT to improve communication, data access
(discovery of information), and collaboration

·       
Respond quickly to competitors’ actions (e.g.,
in pricing, promotions, new products and services)

·       
Automate many tasks of white-collar employees

·       
Automate certain decision processes, especially
those dealing with customers

·       
Improve decision making by employing analytics

Describe the
qualitative and quantitative impact of the organizational response to the 10
problems on managerial decision making

1)    
Defining a problem:  When a problem is identified the
organizations break down the problem into small issues. The breaking down of
the problem can be carried out as following:

·       
What all symptoms
are seen for the problem establishing.

·       
The root of
problem should be identified.

·       
What is the
reason for the problem.

·       
At what time is
the problem raised.

After breaking down we will be with the issues where
we need to choose to solve the important ones before unimportant problems. It
is better to choose the problem which should be solved first among the bunch of
problems.

2)    
Potential causes of problem:

·       
In this phase, it
is good to get information from different people who are affected by the
problem and make a list of opinions.  This process of collecting information makes
very easy to find the problem and the issues and reduces the time consumption
for solving the problem.

·       
Also seek advice
regarding the solving procedure of the issue which is helpful to fix the
problem quickly.

·       
Describe
the cause of the problem in terms of issues like what is happening, where,
when, how, with whom and why.

3)    
Lack
of alternative approaches:

At this point, it is useful to maintain others
involved which can be achieved via enhancing partnership relations. Brainstorm
for solutions to the problem. Very simply put, brainstorming is accumulating as
many ideas as possible, screening them to discover the excellent idea. It’s
critical when collecting the ideas to not pass any judgment on the ideas —
simply write them down as you hear them.

4)    
Selecting
best approach to resolve the problem:

This
can be achieved by the organizational response by improving decision making by
employing analytics.

When
selecting the best approach, consider:

·       
The approach
which mostly solve the problem in long time run.

·       
The
approach must be suitable to solve the problem now and check the requirements
like expenses.

·       
Check
the alternatives in case of any emergency.

5)    
Plan the implementation of the best alternative (this is your action
plan)

·       
The alternative
must be chosen by considering how the problem is solved by choosing the
alternative.

·       
Plan the steps to
be done in implementing the alternative.

·       
Monitor the
procedure in each stage.

·       
Provide resources
to solve the problem in terms of money, people and many more.

·       
Make a schedule
for the plan i.e., when to be started and deadline to complete the problem and
make time for completing each stage.

·       
Discuss the plan
and deadlines with the team and implement the plan.

6)    
Verification of
problem solving

One of the best ways to verify whether a
problem has been solved or not, is to resume normal operations in the organization.

 

 

Describe how business
intelligence can be used to support problem solving and decision support in the
case study organization.

Business Intelligence is an umbrella term that combines
architectures, tools, databases, applications, and methodologies

•       
BI’s major objective is to enable
interactive access to data, to enable manipulation of data, and to give
business managers and analysts the ability to conduct appropriate analysis.

•       
The process of BI is based on the transformation
of data to information, then to decisions, and finally to actions.

BI architecture

·       
Data warehouse : (Technical staff
responsibility)

·       
Business analytics: a collection of tools
for manipulating, mining and analyzing the data in the data warehouse.
(Business users realm)

·       
Business Performance Management (BPM):
for monitoring and analyzing performance. (used by Top Managers )

·       
User Interface

Data warehouse

·       
Originally, included historical data that were
organized and summarize, so end users could easily view or manipulate data and
information

·       
Today, some data warehouses include current data
as well, so they can provide real time decision support

Business analytics

End users can work with the data and information in a data
warehouse by using a variety of tools and techniques. Those techniques fit into
3 categories:

•       
Reporting and queries

•       
Advanced analytics

•       
Data, text and Web mining and other
sophisticated mathematical and statistical tools

 

Data mining

               A method
of searching (extracting) for unknown (hidden) 
relationships or information in large databases or data warehouses,
using intelligent tools such as neural computing, predictive analytics
techniques, or advanced statistical methods.

There are five styles of BI, each style have special tool:

1.      Report
Delivery and Alerting

2.      Enterprise
Reporting (dashboard, scorecard)

3.      Cube
Analysis (Slice and Dice Analysis)

4.      Ad-hoc
Query

5.      Statistics
and Data Mining 

  So each style has
its own functionalities that cater to resolving problems in decision making.

Describe the
background and the general business environment for the project

It is the combination
of all external and internal factors that influence business and each other
that can be defined as business environment.

We Will Write a Custom Essay Specifically
For You For Only $13.90/page!


order now

The major factors in today’s business environment are:

·       
Markets: strong competition, expansion of
global markets, booming electronic markets on the Internet, innovative
marketing methods, opportunities for outsourcing with IT support, and need for
real time on demand transactions   

·       
Consumer demand: wanting customization,
quality, diversity of products, and speed of delivery and customers becoming
powerful and less loyal 

·       
Technology: more innovations, new products and
services, increasing obsolescence rate, increasing information overload, social
networking, Web 2.0 and beyond

·       
Societal: growth of government regulations and
deregulation, work force becoming more diversified, older, and composed of more
women, prime concerns of homeland security and terrorist attacks, increasing
social responsibility, greater emphasis on sustainability 

Define 10 problems
related to decision making that currently exist in the organization

1)    
Defining a problem

2)    
Potential causes of problem

3)    
Lack of alternative approaches

4)    
Selecting best approach to resolve the problem

5)    
Lack of clear plan for implementation of
alternative approach

6)    
Unreliability of plan implementation

7)    
Problem resolve verification

Describe the typical
organizational response to problems using the business pressure-responses-support
model

Business pressures, companies’ responses to these pressures,
and computerized support are the components of the pressure-response-support
model. It hints that responses are made to counter the pressures or to take
advantage of opportunities, support facilitates environment monitoring (e.g.,
for opportunities) and enhances the response quality.

Responses taken by organizations include, but are not
limited to:

·       
Employ strategic planning

·       
Breaking down a complex problem

·       
Use new and innovative business models

·       
Restructure business processes

·       
Participate in business alliances

·       
Improve partnership relationships

·       
Encourage innovation and creativity

·       
Improve customer service and relationships

·       
Move to electronic commerce (e-commerce)

·       
Move to make-to-order production and on-demand
manufacturing and services 

·       
Use new IT to improve communication, data access
(discovery of information), and collaboration

·       
Respond quickly to competitors’ actions (e.g.,
in pricing, promotions, new products and services)

·       
Automate many tasks of white-collar employees

·       
Automate certain decision processes, especially
those dealing with customers

·       
Improve decision making by employing analytics

Describe the
qualitative and quantitative impact of the organizational response to the 10
problems on managerial decision making

1)    
Defining a problem:  When a problem is identified the
organizations break down the problem into small issues. The breaking down of
the problem can be carried out as following:

·       
What all symptoms
are seen for the problem establishing.

·       
The root of
problem should be identified.

·       
What is the
reason for the problem.

·       
At what time is
the problem raised.

After breaking down we will be with the issues where
we need to choose to solve the important ones before unimportant problems. It
is better to choose the problem which should be solved first among the bunch of
problems.

2)    
Potential causes of problem:

·       
In this phase, it
is good to get information from different people who are affected by the
problem and make a list of opinions.  This process of collecting information makes
very easy to find the problem and the issues and reduces the time consumption
for solving the problem.

·       
Also seek advice
regarding the solving procedure of the issue which is helpful to fix the
problem quickly.

·       
Describe
the cause of the problem in terms of issues like what is happening, where,
when, how, with whom and why.

3)    
Lack
of alternative approaches:

At this point, it is useful to maintain others
involved which can be achieved via enhancing partnership relations. Brainstorm
for solutions to the problem. Very simply put, brainstorming is accumulating as
many ideas as possible, screening them to discover the excellent idea. It’s
critical when collecting the ideas to not pass any judgment on the ideas —
simply write them down as you hear them.

4)    
Selecting
best approach to resolve the problem:

This
can be achieved by the organizational response by improving decision making by
employing analytics.

When
selecting the best approach, consider:

·       
The approach
which mostly solve the problem in long time run.

·       
The
approach must be suitable to solve the problem now and check the requirements
like expenses.

·       
Check
the alternatives in case of any emergency.

5)    
Plan the implementation of the best alternative (this is your action
plan)

·       
The alternative
must be chosen by considering how the problem is solved by choosing the
alternative.

·       
Plan the steps to
be done in implementing the alternative.

·       
Monitor the
procedure in each stage.

·       
Provide resources
to solve the problem in terms of money, people and many more.

·       
Make a schedule
for the plan i.e., when to be started and deadline to complete the problem and
make time for completing each stage.

·       
Discuss the plan
and deadlines with the team and implement the plan.

6)    
Verification of
problem solving

One of the best ways to verify whether a
problem has been solved or not, is to resume normal operations in the organization.

 

 

Describe how business
intelligence can be used to support problem solving and decision support in the
case study organization.

Business Intelligence is an umbrella term that combines
architectures, tools, databases, applications, and methodologies

•       
BI’s major objective is to enable
interactive access to data, to enable manipulation of data, and to give
business managers and analysts the ability to conduct appropriate analysis.

•       
The process of BI is based on the transformation
of data to information, then to decisions, and finally to actions.

BI architecture

·       
Data warehouse : (Technical staff
responsibility)

·       
Business analytics: a collection of tools
for manipulating, mining and analyzing the data in the data warehouse.
(Business users realm)

·       
Business Performance Management (BPM):
for monitoring and analyzing performance. (used by Top Managers )

·       
User Interface

Data warehouse

·       
Originally, included historical data that were
organized and summarize, so end users could easily view or manipulate data and
information

·       
Today, some data warehouses include current data
as well, so they can provide real time decision support

Business analytics

End users can work with the data and information in a data
warehouse by using a variety of tools and techniques. Those techniques fit into
3 categories:

•       
Reporting and queries

•       
Advanced analytics

•       
Data, text and Web mining and other
sophisticated mathematical and statistical tools

 

Data mining

               A method
of searching (extracting) for unknown (hidden) 
relationships or information in large databases or data warehouses,
using intelligent tools such as neural computing, predictive analytics
techniques, or advanced statistical methods.

There are five styles of BI, each style have special tool:

1.      Report
Delivery and Alerting

2.      Enterprise
Reporting (dashboard, scorecard)

3.      Cube
Analysis (Slice and Dice Analysis)

4.      Ad-hoc
Query

5.      Statistics
and Data Mining 

  So each style has
its own functionalities that cater to resolving problems in decision making.

x

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