FlashCards
Companies must respond to:
Opportunities
Threats
And
Factors:
1) Market
2) Consumer
3) Technology
4) Societal
Organisational Responses:
Reactive
Anticipative
Adaptive
Proactive
The Business Cycle of Discovery, Intervention and Monitoring:
Where do we want to be?
How are we going?
Why?
What to do to get there?
Components of Bi
Data Warehouse
Analytics
Performance Management (BPM)
User Interface
BPM is used to (3 M’s)
And is!
Methodologies, processes and metrics used to Measure, Monitor and Manage performance
3 Principles of visualisation
1) Be true (persuasive story)
2) Max info with min Ink
3) Hierarchy to explore
Data Mining - Interesting knowledge discovery which is:
1) Valid (Quality)
2) Previously unknown
3) Potentially useful
Pace Layered Strategy
Systems of Record
Systems of Differentiation
Systems of Innovation
Pace Layered Strategy
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
Market Factors
Competition. Internet facilitating. Global Markets.
Consumer Factors
Demands for Customisation, quality, delivery speed. Less loyal and more powerful.
Technology Factors
Innovation. Obsolescence. New Systems (I watch). Information Overload.
Societal Factors
Regulation, restriction, government.
Homeland security, social responsibility and sustainability.