Strategic Management Tools
Technology Evaluation
Evaluating Operational Data
Data Governance Guidelines for Social Media
BI Implementation
Generating Reports for Operational Improvement
Analytical Results
Performance
Data Strategy 
It serves as a roadmap for leveraging data as a
strategic asset, ensuring that data-driven decision-making is integrated into the organization’s culture and operations
...successful data strategy comprises several key components: Data Governance: Establishes policies and standards for data
management, ensuring data quality, compliance, and security
...Data Analytics: Encompasses the techniques and
tools used to analyze data for insights and decision-making
...
Technology Evaluation 
particularly in the realm of prescriptive analytics, where data-driven decisions can significantly impact operational efficiency and
strategic planning
...Risk
Management: Evaluating technology helps in identifying potential risks associated with implementation and usage
...available from the vendor? Security: Does the technology meet the organization's security and compliance requirements?
Tools and Techniques for Technology Evaluation Organizations can utilize various tools and techniques to facilitate technology evaluation: Scorecards: A scorecard is a
...
Evaluating Operational Data 
Strategic Planning: Insights gained from operational data can inform long-term strategic initiatives
...Techniques include: Optimization algorithms Simulation models
Tools for Operational Data Evaluation Various tools and software are available to assist organizations in evaluating operational data: Tool Type Use Case
...Change
Management: Implementing data-driven changes can face resistance from employees who are accustomed to established processes
...
Data Governance Guidelines for Social Media 
Data governance in the context of social media refers to the
management of data availability, usability, integrity, and security within social media platforms
...Strategic Decision Making: Providing reliable data insights for informed business strategies
...Utilize Technology: Leverage data management
tools and software to streamline data governance processes
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BI Implementation 
Business Intelligence (BI) Implementation refers to the process of deploying BI
tools and methodologies within an organization to transform raw data into actionable insights
...SAS A comprehensive analytics suite that supports data
management, advanced analytics, and predictive modeling
...Conclusion BI implementation is a
strategic process that can significantly enhance an organization's ability to make informed decisions based on data
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Generating Reports for Operational Improvement 
reports is essential for several reasons: Data-Driven Decision Making: Reports provide actionable insights that support
strategic planning and operational adjustments
...rates, cycle times Financial Reports Analyze financial performance and cost
management ...Analyze Data: Use analytical
tools to process and analyze the collected data
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Analytical Results 
These results are crucial for decision-making and
strategic planning in organizations
...Risk
Management: Analytical results assist in identifying potential risks and developing strategies to mitigate them
...Tools for Analyzing Results Numerous tools are available for analyzing data and obtaining analytical results
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Performance 
of Performance Analysis Performance analysis is crucial for organizations seeking to improve their operations and achieve
strategic goals
...Key Features Balanced Scorecard A strategic planning and
management system that aligns business activities to the vision and strategy of the organization
...measurable outcomes, alignment, and transparency Six Sigma A set of techniques and
tools for process improvement aimed at reducing defects and variability
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Evaluating BI Software Solutions 
Business Intelligence (BI) software solutions are essential
tools for organizations seeking to transform raw data into meaningful insights
...Increased Efficiency: Automated reporting and data analysis reduce the time spent on manual tasks, allowing teams to focus on
strategic initiatives
...Change
Management: Prepare for organizational changes that may arise from the adoption of BI tools, including training and support for users
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Business Optimization 
Key Concepts Business Analytics Business Intelligence Process Improvement Performance
Management Lean Management Importance of Business Optimization In an increasingly competitive marketplace, business optimization is essential for organizations aiming to maintain a competitive
...Improved Decision-Making Using data-driven insights for
strategic planning
...Some of the most effective include: Data Analysis: Leveraging data analysis
tools to identify trends and make informed decisions
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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 ...