BSS004-1 Using Data to Build Business Practice Assignment Sample 2023
Comparison of South East region with North East Region
Research is the process which is used to provide solutions for various real-time problems. The Research school is focused different research participants with innovative ideas. The School is planes to start a research department in the university school. The comparison for South east Region and North East region is done. The findings highlighted that there are many researchers having more interest to continue their research studies from the north east region than the south east region. Providing the required facilities to the researchers can provide the various research results that will be useful for the development of the departments and its facilities. To provide the popular research facilities the business analytics process is used to find out the barriers.
The employment of the research department requires the faculties with great experience in research and with good communication standard. The dynamic and enthusiastic personality is admitted to understand the different sector of research. The guidance for preceding the research is more essential. The facilities and the guidance will be given to the researchers to do their research. Their experience in research and their result producing report for the support of research is analyzed before recruiting the faculty.
Understanding the patterns of barrier
Business Intelligence is used to find the useful information form the collected data to make the profitable business approach. This business intelligence provides different tools, procedures and technologies for making this extraction process. The useful visualization techniques are also needed to provide the information for better understanding.
Lack of Information Clarity
The main barrier in this business analysis is lack of information clarity. Most of the analyses are not clearly defining the report. The suitable visualization methods are expected to produce the data. The slice-and-dice pivot table analysis is expected to understand the information. This kind of data representation will be helpful to make interactive process. The content clarity can solve various sub-problems related to it. Data warehouse maintaining is more important to make analysis. The data quality is the main consideration for making the analysis. The poor quality of data will not be useful to make a strong analysis. The information generation or the data representations are not possible with poor quality of data.
Selection of Right Strategy
The selection of business intelligence strategy is the other barrier in this analysis. Different business analysis methods are used. Based on the requirement, the suitable method must be selected to make analysis. The selection of methods can decide the usefulness of the analysis process. The effective methods can bring the useful patterns which are mostly required for making business decisions. But finding the implementing the appropriate strategy is the big barrier in this business analysis. Strong knowledge is needed to understand the use of strategies and the impact if its usefulness. Based on this knowledge, the business intelligence strategy must be selected. The use of information extraction using the strategy will be useful for decision making.
Analyzing data from different sources
Business intelligence provides different information related to the business process which is used to provide the active support for making the business profitable. The data analysis is based warehousing data which contains different kinds of information. Sometimes the data analysis is based on different resources. Finding the resources for extracting the data will make the process with time delay. The strategy adaptation must be effective to handle different variety of data. The selection of data and the strategy must be important to provide the useful information for making improved business decisions. Finding the relevant information from different sources is one of the barriers in business intelligence process.
Poor Interactivity
The communication is more essential to make the strong decisions for the business process. Adapting the business intelligence strategy and data analysis needed interaction with the management team for presenting the required data. With the lack of communication, the objective of the analysis is not clearly understood. The effective interaction with the business analytics team can bring the useful patterns which are really needed to make the decision. The lack of communication will lead to insufficient data presentation in the analysis. This process cannot provide the strong decisions based on the produced data by using the business intelligence strategies.
Measuring the right indicator
The result report for business process will be produced by the business analytics tools. But finding the right indicator is the main issues for the business process. the right indicator specifies the appropriate information related to the business activity. This will be useful to find out the issues and the challenges for making the activities. The consideration for the effective indicator is more essential for making the business activities in an efficient manner. This may also avoid the risk process in the business process and avoid heavy loss.
Highlights the Interesting Findings
The Roles and responsibilities of the Research Supervisor is analyzed and categorized. The good research supervisor provides their support to the students for making their research wok. The knowledge sharing is more essential to make the research. Providing enough details for making the content analysis and strong knowledge about the subject will lead the students to do their research work. The information delivery and communication must be proper to understand the concepts and follow their contents. The support of problem selection and approach of handling the problem will be explained by the research supervisor. Some findings of good research supervisor is give below
- Communication skill for interaction
- Ability to handle different form of research problems
- Confidence to take the problem
- Knowledge about the latest trends
- Selection of innovative methodologies
- Flexible to approach
- Positive attitude for approaching the problem
- Dedication of the research practice
The research supervisor must follow the regulations for research department and the university school. The encouragement of the students for making their research is more important. The proper knowledge sharing is expected for finding the research problem and the selection of research methodology. Providing flexible communication space between the faculty and the students will be useful to get the clear understanding about the research process. The guidelines for research process to the student will be given by the research supervisor based on the regulations. The problem selection support and the methodology selection procedure are essential for making the research activity. The sequence of project activities and the review process will help the students to know about their status in the research development. Proper monitoring process will be expected to complete the student’s research work on time. The feedback related to the development of research work will give confidence for the working process and the corrections are helpful to avoid the risk in quality.
The research analyst is processing and analyzing the data for providing information related to the objective of the process. The main objective of this process is analyzing the roles and responsibilities of research supervisor for recruiting the right person for research department. The research analyst must have the capacity of handling the data, providing the right indicator for measuring the performance, accuracy of the analysis, and understand the requirement of the management. The selection of data representation methodology is more important to present the extracted data to make understandable.
Recommendations
Business intelligence is the powerful process which is used to provide the key performance indicators for the business. The useful information is retrieved form the data warehouse with the support of business intelligence tools which are useful to make the important decisions for the improvement of business.
To make the effective business analysis some suggestions ate highlighted for further development. Those are
Efficiency of information access
The adapted business intelligence method must be effective to access the information. The information in data warehouse is stored in different format. The strategy must be effective to handle the different type of adapt from different sources.
Understand the objective to produce KPI
The understanding of business process must be required to make the business analysis. The clear understanding of objectives will provide the effective key performance indicators to make the strong business support decisions. The business analysis will provide the performance indicators to check the activities of business and the issues in the process.
Empowerment of employees
The empowerment highlighted the process of effectiveness of the staff members to handle the data, analyzing for information and produce the report. The business intelligence process methods and the importance of information delivery are required for ever business organization. Understanding the business process and provide the support for analyzing the data will be helpful for the critical situation to avoid the loss.
Efficient data reporting
Data reporting is the output of business intelligence process. The representation of data must be clear and understandable to the people. Different people will use the report for different purposes which are helpful to make the strong decision for the improvement of business process. So, the effective data visualization standards are expected for making the clear understanding. The main consideration of using this data reporting is focusing the issues and the process activities to make the successive business environment. The growth and development of business activities are based on the decision taken by the management. Data reporting is helpful to provide the evidence to take the powerful decisions.
Customer Understanding
Analysis of customer requirement is the major process for all business organizations. Finding the needed of the customer and the service delivery to satisfy their needs is the ultimate process for every business organizations. Business Intelligence tools are used to identify the requirements of the customer and their expectation in the service. This will be helpful to the organizations to provide the required service to give the service satisfaction to the customer. This kind of process will increase the profit for the organization.
Increased Productivity
The adaptation of business intelligence tool is useful to make analysis for the business process. This will be helpful to make analysis for the competitor’s business activities which are helpful to know about our competitor companies and its business processes. This analysis is used to understand the level of business activities and the development of organizations. For getting increased productivity, the adaptions of innovative methods are required. The unique strategy fro the business process will impress the customers and this will be helpful to the growth of organization.
Use of Social Media intelligence
The social media is a platform where all the opinions of customers are shared. The positive information related to the business products will provide more customers. The negative information about the products will decrease the sales of products. The business intelligence tools are used to understand the opinion of customer and their behaviors. The analysis with business intelligence tools can get the expectation of user and the competitor company product. The better customer service support can bring more customers for business.
Security
The security is one of the main considerations for maintaining the privacy. The adaptation of business intelligence tools can give security in the process of data handling and analyzing. The advanced security tools can save the business information from hackers. The online security threads are also identified and rectified immediately to avoid the business threads.
Identifying the trends
Finding the new trends in the business process is more essential to make the business process plan. These trends can provide the impact of business process for making the successive marketing related to the business process. The expectation of customer and the related product sales are considered to make the improved business plan. Finding and following the latest trends will improve the business standard.
References:
Bibliography
Erkan Faruk Şirin, H. K. (2017). A Review on Business Intelligence and Big Data. International Journal of Intelligent Systems and Applications in Engineering.
M.Reddy prasanna, M. k. (2017 ). BUSINESS INTELLIGENCE AND ANALYTICS IN BIG DATA. International Journal of Scientific & Engineering Research , Volume 8, Issue 5.
Rachida F. Parks., R. T. (2017). Understanding Business Analytics Success and Impact: A Qualitative Study . Information Systems Education Journal, Vol- 15, Issue-6.
wei-chih Yeh., S. M. (2017). Big Data Analytics and Business Intelligence in Industry. Inf Syst Front, pp 1229-1232.
Zhaohao Sun., L. L. (2018). Big Data Analytics Services for Enhancing Business Intelligence . Journal of Computer Information Systems, Vol- 58, Issue-2, pp 162-169.
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