Business Intelligence Dashboards in a Learning Organization Research Proposal

Business Intelligence Dashboards in a Learning Organization - Research Proposal Example The finest of business decisions are data driven. A learning organization has data coming from all departments, processes and employees. Business intelligence comprises of complex methods to convert organizational data into useful information and then converts this information into knowledge. Based on this knowledge the organization-wide decisions can be made after thorough analysis (Atre, 2011). Thus busdata-drivenligence improves the decision process of an organization. The top learning organizations have a deep-rooted implementation of business intelligence and analytics in their organizational design. Data mining tools such as data marts, data warehouses, dashboards, etc. mine large amounts of data to extract the useful information. These tools are used to improve the efficiency of the business intelligence processes (Nittaya and Kittisak, 2007). 1.1. Business Intelligence Dashboards Performance control is a vital aspect of organizational management. The efficiency and performanc e of an organization can only be increased through the cooperation of all its departments. When the organization is small, the management is straight forward and easy. Management becomes complex in large organizations comprising of numerous branches, departments and hundreds of employees. And sometimes these departments may even be located miles apart. Visiting them in person takes time. And if visited, the data becomes out-of-date by the end of the visit. The solution for management of big organizations is business intelligence dashboards which consolidate the management information for the entire company in one place. Business intelligence dashboard is an effective data visualization tool that uses metrics and the key performance indicators to display the current status of an entire organization’s performance against some predefined goals (Atre, 2011). In learning organizations, the culture is such that the information is shared and is accessible to all employees alongside the managers and executives. The employees are encouraged to try new ideas and make decisions (Hagen, 2011). So in a learning organization, the requirement of business intelligence penetrates deeper than merely the organization’s frontline i.e. the managers and executives (Gonzales, 2013). And therefore business intelligence dashboards can benefit everyone at an organization i.e. the employees too. 1.2. Constructing Usage Specific Dashboard Dashboards do not have the same role in all learning organizations. They can be customized. They can be constructed for specific executive roles e.g. CEO, CIO or they may display metrics targeting specific point of view or a department for the managers or they can give a high level as well as a detailed view of the organization’s performance based on its data which all the committed employees can gain benefit from. Based on the type of information presented by dashboards and how they are used, they can be classified into a variety o f categories. However, the three most common usage types are strategic, operational and tactical.

Five Common Bargains Assignment Example | Topics and Well Written Essays - 500 words

Five Common Bargains - Assignment Example Hence, I decided to buy a second hand car which would give me the opportunity to avail stylish comfort at a lower price. In this regards, I had fixed my budget at $ 15,000 which was accumulated with my savings, financial borrowing from my parents and a short-term bank loan. For the next few days I and one of my friends searched the internet, newspapers, and dealers to see where I could get a car that satisfies my aforementioned needs. Once I finished searching the internet, I found a car that I was looking for. It was from Hyundai with a quoted price of around $14,500 (Edmunds.com, 2012). After taking appointment with the dealer we went to see the car. Even though my accumulated budget was higher than the price charged I was quite concerned regarding the negotiation and testing of the quality of the product as it was an already used car. While negotiating over the price and the features of the car, I came to know that the actual selling price of the car that was quoted as $14,500 on the website, when include tax and insurance charges increased to around $ 17,000. However, as per the advice of my companion I decided to give another thought to the matter and inspect the other available dealers on the same car model. My survey results indicated that a Hyundai model was available at an average of $20,000 to $ 25,000 which was not significantly different from the quoted price for the used car. By the end of the day, I went back to the dealer for the final discussion and asked him to give a 10%-20% discount as the present market value of the same new Hyundai model was abou t $20,500 (Kelley Blue Book Co., Inc, 2012). Going through the service records of the car gave me enough information regarding the engine along with the details of how much the owner drove the car. I also took a test drive so that I can check the performance of the car. After having a test drive, my friend and I decided that we