Overview and Concepts Flashcards
who needs strategic information in an enterprise?
-are responsible for keeping the enterprise competitive need information to make proper decisions.
executives and managers
-combined essential information needed to make decisions in the formulation and execution of business startegies and objectives
-is not for running the day-to-day operations of the business. It is not intended to produce an invoice, make a shipment, settle a chain, or post a withdrawal from a bank account.
-far more important for the continued health and survical of the operation
-critical business decisions depend on the availability of proper strategic inforation in an enterprise.
strategic information
(characterisitics of strategic information)
-must have a single, enterprise-wide view.
integrated
(chracteristics of strategic information)
-information must be accurate and must conform to business rules.
data integrity
(chracteristics of strategic information)
-easily accessible with intuitive access paths, and responsive for analysis.
accessible
(chracteristics of strategic information)
-every business factor must have one and only one value.
credible
(chracteristics of strategic information)
-information must be available within the stipulated time frame
timely
-user needs information
-iser requests reports from IT
-IT places request on backlog
-IT creates ad hoe queries
-IT sends requested reports
-User hopes to find the right answers.
The familiar merry-go-round
-inability to provide information (4-6weeks)
-get the data in
-making the wheels of business turn
0take an order
-process a clain
-make a shipment
-generate an invoice
-receive cash
-reserve airline seat
operational systems
-get the information out
-watching the wheels of business turn
-show me the top-selling products
-show me the problems regions
-tell me why (drill down)
-let me see other data (drill actions)
-show me te hgihest margins
-alert me when a district sells below target
decision-support systems
-serve different purposes
-scopes are different
-data content is different
-the data usage patterns are different
-the data acess types are different
informational systems
-a physical repository where relational data (current and historical) are specially organized to provide enterprise-wide, cleansed data in a standardized format.
Operational systems -> Data Trnasformation -> Key Measurements/ Business Dimensions
data warehouse
(characteristics of Data Warehouse)
-data are organized by detailed subject containing only information relevant for decision support. It provides a more comprehensive view of the organization
subject oriented
(chracteristics of data warehouse)
-data warehouses must place data from different sources into a consistent format.
integrated
(chracteristics of data warehouse)
-it contains historical (daily, weekly and monthly) inc additions to current data (real-time).
time variant (time series)