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Business Intelligence: Tools and Techniques for Effective Decision Making

   

Added on  2023-01-05

18 Pages5155 Words21 Views
Business Intelligence
Business Intelligence: Tools and Techniques for Effective Decision Making_1
Table of Contents
INTRODUCTION...........................................................................................................................1
MAIN BODY...................................................................................................................................1
P1 Examine, using examples, the terms ‘Business Process’ and ‘Supporting Processes’.....1
P2 Compare the types of support available for business decision-making at varying levels
within an organisation............................................................................................................3
P3 Determine, with examples, what business intelligence is and the tools and techniques
associated with it....................................................................................................................6
P4 Design a business intelligence tool, application or interface that can perform a specific task
to support problem-solving or decision-making at an advanced level...................................9
P5 Discuss how business intelligence tools can contribute to effective decision-making.. 11
P6 Explore the legal issues involved in the secure exploitation of business intelligence tools
..............................................................................................................................................13
CONCLUSION..............................................................................................................................14
Business Intelligence: Tools and Techniques for Effective Decision Making_2
INTRODUCTION
Business intelligence can be describe as the technology driven process which is
significant for analysing data as well as delivering accurate information that is significant for
helping organisation (Arnott, Lizama and Song, 2017). Through effective business intelligence
process manager, employees and executives will be able to take correct decision that is beneficial
for taking correct decision. Business intelligence play crucial role in organisation and it will
assist in harness that power of information and data with in business. This is very helpful for
organisation in order to take strategic business decisions with the motive of increasing business
productivity, revenues and growth. This report is based on We recruit company. This is a
consultancy company that is providing its products and services to different organisation. We
recruit company staff for various different organisation. This report will includes business
process and supporting process. In this comparison between different type of support for
business decision making has been analysed. This report will include information regarding
business intelligence and its tools has been identified. It includes business intelligence tool,
application in order to support problem solving and decision making has been determined. Apart
form this contribution of business intelligence tools to effective decision making. Apart form
this, different legal issues has been identified that are involved in secure exploitation of business
intelligence tool has been identified.
MAIN BODY
P1 Examine, using examples, the terms ‘Business Process’ and ‘Supporting Processes’
Business process and supporting process is very crucial part of business and it will lead to
have major impact on successful performance of organisation. It is important for We recruit
organisation to have effective business process and supporting process which assist in success
and growth of organisation (Dedić and Stanier, 2016).
1
Business Intelligence: Tools and Techniques for Effective Decision Making_3
Business process can be describe as the collection different activities and task that needs
to be performed by organisation with the motive of attaining desired goals and objectives. It is
define as the set of task and activities which is essential for company to timely complete in order
to grow and enhance business. We recruit organisation is that is providing its services to different
other organisation in order to meet with their recruitment needs. It is beneficial for organisation
develop and create effective business process which is helpful for successfully performing its
business practices along with the help in attaining goals. Effective business process is useful for
successfully carry out required task along with this provide high quality services to customers.
There are different types of business process such as managing business process, operating
business process, supporting business process. Business process is refer as the series of steps
which is significant for timely completion of organisational practices. It will provide map to
managers and employees with the motive of significantly attain desired goals (Dedić and Stanier,
2016). For example, We recruit company is performing hiring process for attracting and
selecting right candidate with in organisation. This process starts form posting job updates on
different portal in order to influence candidates. After this HR executive will screen application
of candidates who have applied to job application. When employees of we recruit company
select the employees and call for interview. This step of business process includes interview.
After this salary and policy negotiation will take place. The stage stage of respective company
business process is proving offer letter and acceptation of candidate.
2
Business Intelligence: Tools and Techniques for Effective Decision Making_4

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