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Digg it UP - Decision Support Systems, Part 4 – DSS Evolution
50 Creative Places To Advertise Your Business For FreeHave you grown tired of trying to figure out creative places to advertise your business? What about plain and simple creative ideas? Let me share with you fifty creative ideas. I hope this list gets your creative juices flowing.1. Take a small zip close baggy (snack sizes work well) a with facts on the additional business processes New ways to analyze and drill down on the enriched data New reports which combine data from different process areas (drill across mechanism) are developedQuality of predictive models (the ability to produce a sufficient level of prediction) is evaluated based on t Motivating Tips for Job SeekersAre you staring at an empty page, trying to write the next cover letter? Or postponing the grip and grin meeting you’ve scheduled? Have lethargy and laziness set in? Has your get up and go taken a permanent vacation?Well, my friend, you are not alone.Staying motivated during a prolonge The evolution path of a DSS system, varies according to the priorities of each Business.Development and maturity stages of a DSS system, are the following: - Initially, certain critical business processes are selected to be monitored vis-?-vis their performance
- a data quality mechanism is developed. In order to produce quality information, quality input data are needed.
- A data warehouse which can produce multidimensional views of the selected business processes, is implemented
- Standard business process performance reports, are developed
- Tools for the analysis of multidimensional data (OLAP tools) and the ad-hoc analysis of data, are used
- Predictive models on areas of interest are developed
If a Business aims at developing predictive capability to support the evaluation of future actions, it shall prioritize the development of such models, even without the implementation of a data warehouse, just by using files or data extracted from operational systems. All DSS functionality categories are developed and matured, as the Business evaluates the benefit derived of each investment: - Processes to extract data from operational systems, mature and become more automated
- Additional business processes are selected to be monitored. The data warehouse is extended with facts on the additional business processes
- New ways to analyze and drill down on the enriched data
- New reports which combine data from different process areas (drill across mechanism) are developed
- Quality of predictive models (the ability to produce a sufficient level of prediction) is evaluated based on th
Why a Franchise Business Opportunity May not be Right for YouWith a franchise opportunity you have a higher chance of success. According to the US Department of Commerce, after completing a 7 year study, over 90% of franchise businesses are still trading profitably.So why am I saying that it might not be right for you?A franchise is not right for produce quality information, quality input data are needed. - A data warehouse which can produce multidimensional views of the selected business processes, is implemented
- Standard business process performance reports, are developed
- Tools for the analysis of multidimensional data (OLAP tools) and the ad-hoc analysis of data, are used
- Predictive models on areas of interest are developed
If a Business aims at developing predictive capability to support the evaluation of future actions, it shall prioritize the development of such models, even without the implementation of a data warehouse, just by using files or data extracted from operational systems. All DSS functionality categories are developed and matured, as the Business evaluates the benefit derived of each investment: - Processes to extract data from operational systems, mature and become more automated
- Additional business processes are selected to be monitored. The data warehouse is extended with facts on the additional business processes
- New ways to analyze and drill down on the enriched data
- New reports which combine data from different process areas (drill across mechanism) are developed
- Quality of predictive models (the ability to produce a sufficient level of prediction) is evaluated based on t
The Great M's of SuccessPeople who have studied successful people over the last 300 or more years have found certain traits that accounted to their achievements. These success techniques not only helped them forward but also kept them there even in times of depression, recession or other personal disasters.Four of the s of data, are used - Predictive models on areas of interest are developed
If a Business aims at developing predictive capability to support the evaluation of future actions, it shall prioritize the development of such models, even without the implementation of a data warehouse, just by using files or data extracted from operational systems. All DSS functionality categories are developed and matured, as the Business evaluates the benefit derived of each investment: - Processes to extract data from operational systems, mature and become more automated
- Additional business processes are selected to be monitored. The data warehouse is extended with facts on the additional business processes
- New ways to analyze and drill down on the enriched data
- New reports which combine data from different process areas (drill across mechanism) are developed
- Quality of predictive models (the ability to produce a sufficient level of prediction) is evaluated based on t
Fair Trade FundamentalsYou’re buying coffee. One label says this roasted mountain-fresh Colombian coffee is ideal for all coffee makers. But is it ideal for the coffee bean’s maker, the farmer? Your choice is empowering. When you choose fair trade, you get more than coffee; you get the opportunity to enrich someone’s life.< operational systems. All DSS functionality categories are developed and matured, as the Business evaluates the benefit derived of each investment: - Processes to extract data from operational systems, mature and become more automated
- Additional business processes are selected to be monitored. The data warehouse is extended with facts on the additional business processes
- New ways to analyze and drill down on the enriched data
- New reports which combine data from different process areas (drill across mechanism) are developed
- Quality of predictive models (the ability to produce a sufficient level of prediction) is evaluated based on t
Funny SignsMarket trends reveal that creative advertising is the need of the hour. Striking logos and funny phrases increase consumers' curiosity. Some firms believe that they can capture the attention of their customers through humor. Many companies use this market psychology effectively through their neon sign with facts on the additional business processes - New ways to analyze and drill down on the enriched data
- New reports which combine data from different process areas (drill across mechanism) are developed
- Quality of predictive models (the ability to produce a sufficient level of prediction) is evaluated based on the business results. Models are improved based on the feedback received.
- Predictive capability on new business areas is developed
At the same time, a new culture on information quality and information driven decision making, is cultivated. The Business is gradually deriving more value from the DSS system, given that:- quality of data stored in the data warehouse is gradually improving
- larger subject areas are supported by the DSS
- a higher number of Users is accessing and using the information which is produced
- information is gradually perceived as more reliable and a single version of truth is gradually achieved
Copyright 2006 – Kostis Panayotakis
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