Sunday, June 9, 2019
Business Intelligence Research Paper Example | Topics and Well Written Essays - 1000 words
Business Intelligence - Research Paper ExampleIn recent times, organizations more or less the world are adopting variant forms of BI as vehicles for attaining the competitive advantage over their market niche. This is particularly so in restaurant chains, health facilities, and resorts such as Exclusive Resorts and Marshfield Clinic. Such businesses use the BI systems in making tactical decisions concerning their businesses, such as the introduction of new product and run, removal of underperforming ser infirmitys and products, and identification of opportunities to improve inefficient processes. One of the most important components of BI is business analytics, an essential factor that determines the success capability of a business (Electrosmart, 2012). The compendium of the case study of Marshfield Clinic and Exclusive Resort provides four important lessons for companies wishing to adopt BI systems into their organizations have a clear vision, good communication skills of empl oyees, concerted employees, and dedicated resources (TDWI, 2011). Considering the cases of Exclusive Resorts and Marshfield Clinic, evidently, a caller-out needs to have a clear vision of its perceived needs for the BI process. ... Despite the difference in the platform application, Exclusive Resort had a similar problem with multiple, disconnected, and inflexible technology that increased the cost of operation and difficulty in operation resulting from the magnification of the companys business. According to the case study, Exclusive Resort actually had to purchase additional software to produce reports needed by the stakeholders and decision makers. The company embarked on the search for an Enterprise Resource Planning system that would integrate the existing technology and promote the competitiveness and quality of member services spot encouraging the growth members (Microsoft, 2011). The two companies had a clear understanding of the functionality and provision of the BI sys tems, as well as a clear expression from the different business departments on the types of the decision expected from BI system. Another emergent issue from the two case studies was the importance of communication skills among the employees of the two companies. At Marshfield Clinic, the assort chief medical information officer Mike Cummins was quick to identify that the problem was not a patient-care data system, but an analytical tool that would conjure effective and efficient real-time decision-making by physicians. Having such an employee with good communication skills enabled the company to identify the real problem with its data collection system. The senior vice president of technology at Exclusive Resorts was also able to communicate the problem they had with their previous system, enabling the experts from Microsoft to design a solution that suits their needs.
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