Data Quality and Business Analytics Impact
Added on 2020-03-16
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Running head: BUSINESS ANALYTICSBusiness analytics (BA)Name of the StudentName of the UniversityAuthor Note
1BUSINESS ANALYTICS1.The literature in management information systems consistently suggests that a decentralized approach to resource allocation is the most efficient. Why then do you think the literature in BA suggests that the opposite—a centralized organization—is the best structure? Centralized organization is the best structure because of few of the advantages it providesto the BA. Regarding business decision making centralized organizations has been found tobe exceptionally efficient. Thus, faster actions are taken for the problems. It also helps inkeeping focused on one vision or purpose of the organization. Organizations are encounteredwith lesser conflicts when it is a centralized organization. Lastly, centralized leaders canmaintain more control over the operations of the organization and enhances the culturebecause they take all the major decisions (Capitanescu, Bilibin & Ramos, 2014). However,Decentralization has certain disadvantages in the organization, which are that it enhances theproblems in coordination among the different units as well as the expenses of theadministration because high paid leaders are appointed under decentralized organizations.Decentralization organizations have absence of uniformity. Moreover, as this processinvolves various departments and employees’ establishment thus, cost of operationsincreases, it is completely inappropriate for small organizations and lastly, each departmentwill work with a self-interested perspective where the wider interests of all the otherdepartments are neglected thus, effecting the entire organization (Kota, Gibbins & Jennings,2012).2.Why is collaboration important to BA? When two or more people are working together by sharing ideas and are planning toachieve a common goal together then it is called collaboration. Collaboration is an importantfactor in any business analytics it can supply solutions, give employees with a strong sense ofdetermination and fortify the employees that they all in the same team (Lim, Chen & Chen,
2BUSINESS ANALYTICS2013). However, there are also some more benefits of collaboration in BA, which are asfollows-Job satisfaction and staff retention- when the teams that are working together findan answer and solves any issue the employees feel satisfied. However, gettingcredit and acknowledgment for their success will not only satisfy them but willalso make them feel that they are an essential part so they will be more keen inkeeping up with their job. Problems are solved quicker- problems will arise in daily basis in any businessenvironment, but collaboration can help to reach the solution faster because whena team will work on it definitely one will see the if anything has been missed andcan figure out the solution faster. Recognize the skills and expertise of the employees- working in a team with eachother will help the team mates know each other well and discover each other’sstrengths and weaknesses closely.3.Why is organization culture important to BA? The organization’s overall lifestyles that include the different elements that make it standdistinct from the internal and external associates are known as the organizational culture.However, organizational culture is important to BA because a healthy culture in anyorganization will inspire and motivate their employees and make them loyal towards theorganization (Barton & Court, 2012). Moreover, beneficial competition in the organization isenhanced; it further helps in building the brand image of the company, being accustomedwith the organization’s culture will help the employees treated equally and give their best.The organizational culture helps in maintaining a better relationship among the employeesand exacts the best work from each one of them. However, organization cultures come outwith certain guidelines, which help the employees to become clearer with their tasks, and
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