MGT212: Business Analytics |
- Summary of the business and current environment e.g., with or without data analysis.
- Do a background study of the current business process e.g., SCM, CRM, HRM, etc.
- Evaluate the pros and cons of potential environmental highlights, e.g., advantages and disadvantages to the current, with or without data analysis.
- Formulate and implement a strategy e.g., data mining process, life cycle, cost-benefit analysis, impact analysis, alternatives for enterprise and technology architecture, alternative organizational approaches, analytics as business processes incorporated into the enterprise architecture, etc.
- A plan should be developed.
- Consider the benefit and drawbacks of the proposed strategy in making your decision.
- Investigate the adaptability of the proposed analytics program in the company environment.
- Conclude all findings with proper recommendations e.g., further action plan.