725 words | Business & Finance homework help
You have been hired as a business analyst for a well-known design firm (let’s go with the name CLM Designs Unlimited). Currently, they utilize technology for their day-to-day operations but not to analyze data to 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 and it is looking to add a second location in another part of the state, but is unsure as to whether it would be beneficial to the firm.
- Describe the benefits and disadvantages of business analytics, as well as how the organization can be proactive in addressing any disadvantages. Include at least 3 benefits and disadvantages.
- Create an implementation plan to integrate business analytics into your organization.
- Create a backup proposal in case management does not approve your initial proposal. The backup proposal should have at least 3 changes different from the original plan.