FlashCards

1
Q

Companies must respond to:

Opportunities
Threats

And

A

Factors:

1) Market
2) Consumer
3) Technology
4) Societal

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2
Q

Organisational Responses:

A

Reactive
Anticipative
Adaptive
Proactive

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3
Q

The Business Cycle of Discovery, Intervention and Monitoring:

A

Where do we want to be?
How are we going?
Why?
What to do to get there?

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4
Q

Components of Bi

A

Data Warehouse
Analytics
Performance Management (BPM)
User Interface

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5
Q

BPM is used to (3 M’s)

And is!

A

Methodologies, processes and metrics used to Measure, Monitor and Manage performance

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6
Q

3 Principles of visualisation

A

1) Be true (persuasive story)
2) Max info with min Ink
3) Hierarchy to explore

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7
Q

Data Mining - Interesting knowledge discovery which is:

A

1) Valid (Quality)
2) Previously unknown
3) Potentially useful

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8
Q

Pace Layered Strategy

A

Systems of Record

Systems of Differentiation

Systems of Innovation

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9
Q

Pace Layered Strategy

A

Level 1 - 10y turnover as well established and limited by industry standards

Level 2 - 3-5y turnover as competitive advantage must accomodate change in business

Level 3 - 3-5 month turnover as ad-hoc basis addressing new requirements

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10
Q

Market Factors

A

Competition. Internet facilitating. Global Markets.

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11
Q

Consumer Factors

A

Demands for Customisation, quality, delivery speed. Less loyal and more powerful.

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12
Q

Technology Factors

A

Innovation. Obsolescence. New Systems (I watch). Information Overload.

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13
Q

Societal Factors

A

Regulation, restriction, government.

Homeland security, social responsibility and sustainability.

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