In chapter seven (7), we have learned from “The Path to Information Value” that 70% (seventy percent) of managers and executives say data are “extremely important” for creating competitive advantage.
In addition, it is implied by the authors that, “The key, of course, is knowing which data matter, who within a company needs them, and finding ways to get that data into users’ hands.”
Based on the company you have identified for your Final Paper, discuss 1) the data that matters to the executives in that industry, 2) who, within that industry, needs that data, and 3) some methods for ensuring that the critical data gets into the users’ hands. Remember to respond to two other learners’ post, letting them know if they missed any data or details in their industry.
Please make your initial post and two response posts substantive. A substantive post will do at least two of the following:
Ask an interesting, thoughtful question pertaining to the topic
Answer a question (in detail) posted by another student or the instructor
Provide extensive additional information on the topic
Explain, define, or analyze the topic in detail
Share an applicable personal experience
“The Path to Information Value” that 70% (seventy percent) of managers and executives say data are “extremely important” for creating competitive advantage.
In addition, it is implied by the authors that, “The key, of course, is knowing which data matter, who within a company needs them, and finding ways to get that data into users’ hands.”
Based on the company you have ident
Project Revive LLC is a consulting firm of highly charged and accomplished project managers whose main stream of revenue comes from managing the turnaround of failing projects. As a consultant with Project Revive LLC you will study, analyze, and manage a failed project from NearlyFree.com. NearlyFree.com is a fictitious company and the project documents for NearlyFree.com project scenario are linked below. The NearlyFree.com project was originally scoped to develop and deploy an automated web-based training system for new employees to reduce the workload and cut down personnel resources required to complete the new employee orientation (NEO) training.
As a veteran member of the Project Revive team, you already know the value of continually examining performance throughout a project to further define and update project data. Special attention to documenting and identifying problems is required in time to make appropriate adjustments. The earned value management (EVM) technique is often used in this type of analysis. Continue your analysis of the failed project by applying the EVM technique to examine performance based on what was accomplished.
Deliverable: Develop an Earned Value Analysis report of the current failed project.
Complete the following:
Use Microsoft Project or different, faculty-approved software to show earned value in a list of tasks that measure the cost of the work performed up to a certain date (the current date) based on the Schedule document
Consider how you can apply this analysis of the failed project to a successful project turnaround.
Address the following topics. Where necessary, define assumptions you made.
Apply an earned value technique.
Explain the value of the information provided through the EVM technique.
Analyze project success based on earned value calculations.
Base project decisions on earned value calculations.
Explain how you will apply earned value calculations to a successful project turnaround.
Use the MS Project functionality (or another software program) to:
Display project summary information and report.
Create project reports.
Export project plan cost data into Excel.
ified for your Final Paper,” TRANSLATIONAL BIOINFRAMATICS ”
discuss 1) the data that matters to the executives in that industry,
2) who, within that industry, needs that data, and
3) some methods for ensuring that the critical data gets into the users’ hands.
Remember to respond to two other learners’ post, letting them know if they missed any data or details in their industry.
Please make your initial post and two response posts substantive. A substantive post will do at least two of the following:
Ask an interesting, thoughtful question pertaining to the topic
Answer a question (in detail) posted by another student or the instructor
Provide extensive additional information on the topic
Explain, define, or analyze the topic in detail
Share an applicable personal experience
Provide an outside source (for example, an article from the UC Library) that applies to the topic, along with additional information about the topic or the source (please cite properly in APA)
Make an argument concerning the topic.
Strategic Enterprise Decision Making
In Week 6, you reflected on the process and outcomes associated with your pilot, and you considered how you would design a large-scale strategic plan, based on your reflection, to foster continuous improvement. As indicated previously, you will need to obtain stakeholder alignment and buy-in for your initiative to be successful. A substantial component of a strategic plan pertains to organizational alignment, which means that you need to align the organizational strategy to your initiative. Revisiting the scoring and prioritization templates from Week 1 would be helpful here. Also, you need to communicate your plan in a way that resonates with all of your stakeholders.
Your strategic plan should include the why, who, how, and when. You should begin with a statement about why this is important with a particular focus on how your initiative aligns with the larger organizational strategy. You should articulate the value proposition and discuss the feasibility of the initiative; the focus here should be on the outcomes of interest or the key performance indicators. Next, you should discuss the process, which should pertain to who, how, and when. A brief roadmap with a timeline and milestones should be included. Be sure to use the results that you obtained from your pilot to support your plan.
Review the weekly resources (as well as previous resources, as required) to prepare for this week’s assignments. The resources may include textbook reading assignments, journal articles, websites, links to tools or software, videos, handouts, rubrics, etc.
Assignment: Formulate a Strategic Plan Informed by Statistical Applications
Instructions
For the Signature Assignment, you must design a strategic plan for organizational continuous improvement or growth based on your design of an experiment and analysis of data.
Begin by reviewing the feedback you received from your professor and incorporating that feedback into this assignment. Make sure all components of the document are present and are written using a professional tone and presentation.
Your final paper should consist of the following components:
An executive summary with a brief overall summary of results and recommendations for further action
Statement of the problem and hypotheses
A brief overview of your design
A brief overview of your data analysis results with supporting tables, charts, and narratives (e.g., focus on only the key insights, you do not need to show charts or tables pertaining to data cleaning or testing of assumptions).
A discussion of your strategic plan pertaining to an organizational change, supported by the results of your study
What needs to change and why including a discussion of how this strategy is aligned with the overall organizational strategy
How the change will be implemented (who, what, when), including how the key performance indicators (e.g., the variables that you analyzed in your experiment) will be monitored and progress will be communicated
Overall summary or conclusions
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