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Fundamental of Analytics > Module 5 > Flashcards

Module 5 Flashcards

1
Q

It is in the minds of every organization that wants to remain relevant in a world where innovation has become the norm.

A

Digital Transformation

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2
Q

It is fundamental to Digital Transformation.

A

Analytics

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3
Q

It is critical to survive amidst all of these disruptions, and organizations must also address cultural, and not just technology, challenges.

A

Analytics

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4
Q

Four Key Decisions:

A
  • What is your vision for improving the lives of your customers?
  • What is our strategic driver?
  • What are our key digital capabilities?
  • How will we architect our business?
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5
Q

Among the four key digital capabilities, which among them was introduced later?
- Operational Backbone
- Digital Service Platform
- Customer Engagement
- Digitalized Solution

A

Digital Service Platform

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6
Q

Based on the video, the first decision on transforming a business to digitalization is to:

A

Identify the vision on improving the lives of their customers.

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7
Q

Based on the video, the second decision on transforming a business to digitalization is to:

A

Identify their strategic driver.

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8
Q

Based on the video, the third decision on transforming a business to digitalization is to:

A

Identify their digital capabilities.

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9
Q

Based on the video, the fourth decision on transforming a business to digitalization is to:

A

How to architect the business.

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10
Q

True or False.
Customers will create cool things but will not transform and it is because digital transformation is not about technology, it’s about the people.

A

True

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11
Q

True or False.
Customers are solely responsible for digital transformation, and technology plays a negligible role in the process; it’s all about the people.

A

False

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12
Q

True or False.
Digital Transformation is not about technology, it’s about the people.

A

True

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13
Q

True or False.
Digital Transformation is solely about technology, and the role of people in the process is insignificant.

A

False

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14
Q

What is the enabling organization formed to take the lead in driving the growth and evolution of Analytics and Artificial Intelligence in the Philippines?

A

Analytics & Artificial Intelligence Association of the Philippines (AAP)

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15
Q

They take pride in having the most distinguished and active players in the field working to elevate the country in its application of Analytics and AI best practices at pace with the 4th Industrial Revolution and for the good of society.

A

Analytics & Artificial Intelligence Association of the Philippines (AAP)

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16
Q

What are the Analytics Ecosystem of the Philippines?

A

(GGPA-AapASS)
- Global References
- Government
- Practitioners
- Analytical Organizations
- Analytics & Artificial Intelligence Association of the Philippines (AAP)
- Academe
- Service Providers
- Smart Cities

17
Q

Components of Global Resources:

A

(CLBP)
- Competency Framework
- Learning Roadmap
- Best Practices
- Program Governance

18
Q

Components of Government:

A

(Pr-Ir-Pp)
- Policies & Regulations
- Industry Recognition
- Programs & Projects

19
Q

Components of Practicioners:

A

(SGC)
- Skills & Competencies
- Global Workforce
- Career Growth

20
Q

Components of Service Providers:

A

(PBuPs)
- Placement
- Best Practices & Use Cases
- Products & Service

21
Q

Components of Academe:

A

(CDJ)
- Curricula
- Degree Programs
- Job-Ready Graduates

22
Q

Components of AAP:

A

(FCS)
- Framework Improvements
- Case Studies
- Success Stories

23
Q

The following identifies a Product Driven Business except for:
- Collaborative
- Value-Added
- Boundary-less
- Information-rich

A

Collaborative

24
Q

The following identifies a Market Driven Business except for:
- Personalized
- Proactive
- Collaborative
- Responsive

A

Proactive

25
Q

Which of the two identifies Apple?
- Product Driven
- Market Driven

A

Product Driven

26
Q

Which of the two identifies the GE Company?
- Product Driven
- Market Driven

A

Product Driven

27
Q

Which of the two identifies the USAA?
- Product Driven
- Market Driven

A

Market Driven

28
Q

What does Phillips do before they transformed their business?

A

A Conglomerate Industry

29
Q

What does Phillips do when they transformed their business?

A

Digital Home-Centric Health Care

30
Q

What does Schindler do before they transformed their business?

A

Elevator Company

31
Q

What does Schindler do when they transformed their business?

A

Urban Mobility Solution

32
Q

What does Lego do before they transformed their business?

A

Toys

33
Q

What does Lego do when they transformed their business?

A

Digital Space

34
Q

What is the main objective of Designed for Digital?

A

To provide a comprehensive guide for companies to design their business for sustained success in the digital landscape

35
Q

What is architected for pre-digital economy?

A

Divide and Conquer

36
Q

What is architected for digital economy?

A

Empower and Partner

Fundamental of Analytics (3 decks)

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