Data Management Systems
Business Processes
Summary of Sales Performance Data
Analyzing Operational Data with BI
Progress
Predictive Analytics in Finance
Data Mining for Crisis Response
Leveraging Data for Growth
Dynamics 
Understanding dynamics is crucial for effective business analytics and
data visualization, as it allows businesses to adapt to changing environments and make informed decisions
...This includes:
Systems Dynamics: A framework for understanding the behavior of complex systems over time
...Risk
Management: Identifying potential risks and opportunities through dynamic analysis can lead to better risk management
...
Business Processes 
Management Processes: These processes involve the planning, monitoring, and control of the organization’s activities
...Process Optimization: Analyzing performance
data to identify bottlenecks and inefficiencies, followed by making necessary adjustments
...Benefits Enterprise Resource Planning (ERP) Integrated software
systems that manage core business processes
...
Summary of Sales Performance Data 
Sales performance
data is a critical component of business analytics, providing insights that help organizations evaluate their sales strategies and make informed decisions
...Analysis Sales performance data can be sourced from various channels, including: CRM
Systems: Customer Relationship
Management systems provide detailed records of customer interactions and sales activities
...
Analyzing Operational Data with BI 
Analyzing operational
data is a critical aspect of BI, enabling organizations to make informed decisions based on real-time insights
...Resource allocation, inventory
management 4
...data can yield significant benefits, organizations may face several challenges: Data Silos: Data stored in disparate
systems can hinder comprehensive analysis
...
Progress 
In the context of business analytics and
data mining, "progress" refers to the advancements and methodologies that enhance the ability of organizations to analyze data effectively and derive actionable insights
...1980s Emergence of decision support
systems (DSS) for business decision-making
...Manufacturing: Enhancing production processes and supply chain
management through data analysis
...
Predictive Analytics in Finance 
Predictive analytics in finance refers to the use of statistical techniques and machine learning algorithms to analyze historical
data and forecast future financial outcomes
...financial sector, this can be applied to various functions, including: Credit scoring Fraud detection Risk
management Customer segmentation Market trend analysis Key Techniques Several techniques are commonly used in predictive analytics within finance:
...Machine Learning A subset of artificial intelligence that enables
systems to learn from data and improve over time
...
Data Mining for Crisis Response 
Data mining for crisis response involves the application of data mining techniques to analyze large sets of data during emergencies or crises
...The integration of data mining in crisis
management has gained prominence due to the increasing complexity and frequency of crises, including natural disasters, public health emergencies, and socio-political unrest
...evolves, the potential for data mining in crisis management will continue to grow, leading to more resilient and responsive
systems ...
Leveraging Data for Growth 
In today's competitive business landscape, organizations increasingly rely on
data analytics to drive growth and enhance decision-making
...leverage data for growth: Strategy Description Data Collection Implement
systems to gather relevant data from various sources, including customer interactions, sales transactions, and market research
...Customer Relationship
Management (CRM) Systems: Platforms like Salesforce and HubSpot collect and analyze customer data to enhance engagement
...
Foster Organizational Change through Data 
Fostering organizational change through
data is a strategic approach that leverages data analytics to enhance decision-making, optimize processes, and drive innovation within businesses
...Effective change
management is crucial for organizations to adapt to market demands, technological advancements, and competitive pressures
...Resistance to change among employees Lack of data literacy within the organization Integration of data across various
systems Conclusion Fostering organizational change through data is essential for businesses seeking to remain competitive in today's rapidly evolving landscape
...
Data Reports 
Data reports are structured documents that present data analysis results in a clear and concise manner
...Data
Management Systems: Systems like SQL databases help in organizing and managing data effectively
...
Geschäftsiee Selbstläufer 
Der Start in die eigene Selbständigkeit beginnt mit einer Geschäftsidee u.zw. weit vor der Gründung des Unternehmens. Ein gute Geschäftsidee mit neuartigen Ideen und weiteren positiven Eigenschaften wird zur
"Selbstläufer Geschäftsidee". Hier braucht es dann nicht mehr viel, bis ein grosser Erfolg entsteht ...