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INFS 2036 BI Workshop Presentation Week 3 SP5 2021 2up
INFS 2036 BI Workshop Presentation Week 3 SP5 2021 2up
Business Intelligence
BI
BUSINESS INTELLIGENCE
We e k 3
O R G A N I S AT I O N
I N F O R M AT I O N S Y S T E M S
Course Outline
The Why Emerging
The How of BI Future Analytics
of BI BI Concepts
Week 8
Mining
Technologies Week 10
Week 6
You’re the CEO
Week 1 Week 2 Week 4 Analytics -
Front-End: From Data to (Exam Review)
Why data is predicting the
important to Data Intelligence future &
Visualisation performance Week 9
business + Data Integration at
The BI Process management
Week 7 an Enterprise and
Week 3 Privacy, Ethics, Cross-Organisation
Back-End: Week 5 Level +
Legal Issues,
Organisation Lifecycle
It’s timemodel
to Strategic value of
Trust
Information Systems and project
manage your information in the
management future 2
INFS 2036 first project!
1
ROADMAP It’s time to
manage your
THE NEXT 3 WEEKS first project!
Week 3
Information Governance Information System
Data Governance Organisation Development Process
Untapped Data
Range of Data Sources Information
External system dependency Systems
Week 3
BI Lifecycle
Week 5
Week 4
Data is an asset
Creating, Data Quality
Managing and Data Standard
Metadata
Sharing Data Master data
Stakeholder engagement Week 4
and management
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Week 3 Reading/Viewing
O R G A N I S AT I O N I N F O R M AT I O N S Y S T E M S
Textbook
• No readings this week J
• https://nae.global/en/case-study-the-process-of-transforming-data-into-useful-information/
• Serrato and Ramirez: The Strategic Business Value of Big Data. Course Site, Workshops page Week 3.
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Agenda – Week 3
What we’re doing this week
Scorecards Impact
Data
WHY Quality Diagrams
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Continuous Assessment
20% (best 6 of 7)
Key points + terms to know this week Opens today! Online 10%
- R.W. Emerson
(Philosopher)
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Organisation Information Systems (OIS)
Back-End
B a c k- E n d
User-End
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Organisation information systems impact all parts of an organisation 9
Management
OISes
Back-End
Human Resources
B a c k- E n d
Finance
Supply
Logistics
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Organisation Information Systems
OIS
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This Week’s Case Study
CHIPOTLE MEXICAN GRILL
h t t p s:/ / ir .c h ip ot le .c om / annual-r e por t s
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ACTIVITY
Where would information need to flow
from the Chipotle Point-of-Sale System?
PRIORITY
Running successful restaurants
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PRIORITY
Running successful restaurants
Point-of-Sale System ACTIVITY
CHIPOTLE MEXICAN GRILL Where would information need to flow
from the Chipotle Point-of-Sale System?
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PRIORITY
Running successful restaurants
Point-of-Sale System ACTIVITY
CHIPOTLE MEXICAN GRILL Where would information need to flow
from the Chipotle Point-of-Sale System?
Low Stock - Supplier Details
Product Order Quantity
Generate
Purchase
Purchase Order
Product ID Order
Transaction ID
Decreased product quantity
Supplier
Financial Data
Payment
Payment
Pay Approval
Point- Payment Supplier
Confirmation
of-Sale Product details
Price/quantity Invoice
Payment system Approved Process
Delivery
Invoice
Docket
Receipt of Product ID via
Transaction barcode
Customer Purchase Order Number Receive
Product Date, Product Codes,
Delivery
Increased Stock Quantity
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BUSINESS
OIS
2. More efficient operations management. Enables organisations to collect and access recent information as well
as keep a comprehensive collection of all organisation data enabling more efficient operation.
3. Better record keeping. E.g. industry regulations, financial records, communication records etc. Assists to better
understand how certain past actions influenced operations.
4. Informed decision-making. OISes are used to inform decision-making for competitive advantage and day-to-day
survival.
The most accurate, up-to-date information is needed for the best decisions. OISes offer past trends and real-time
information to support forecasting.
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BUSINESS
OIS
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Decision Types
OIS
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DECISION STRUCTURE
Unstructured Strategic
Senior
Management
Structured Operational
Junior Management
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DECISION STRUCTURE
Unstructured Strategic
Senior
Management
Structured Operational
Junior Management
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Data Types
STRUCTURED DATA
• Comprised of clearly defined data fields (e.g. names, age, address, phone number, etc.)
• The data are easily searchable.
• Additional work undertaken to copy data from organisation systems into a data
warehouse specifically for reporting and analysis.
• Some systems have their own built in BI capability (e.g. student engagement
dashboards)
• Sources include: databases within systems, Online Forms, Point of Sales Systems and
Web logs.
Even with the rapid rise of new (unstructured) data sources companies continue to use
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structured data to produce insights to show new ways of doing business. 22
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Data Types
UNSTRUCTURED DATA
Unstructured data continues to grow in influence as organisations try to leverage new and
emerging data sources.
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ACTIVITY
Data Sources What are some data Chipotle may have about
their customers?
Chipotle Mexican Grill Are the data structured or unstructured,
internal or external?
DECISION STRUCTURE
What decision-making type would these data
Unstructured Strategic sources support?
Senior
Management
Tactical
Semi-structured Middle Management
Structured Operational
Junior Management
External
Data Sources
OISes need information, not data.
How do we turn data into information?
Internal
What’s the difference?
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Data vs Information
Fundamental differences
• Information is the set of data that has already been transformed (processed, Data doesn’t predict if you are
analysed, and structured) to provide relevance, purpose and context. likely to come back.
Information gives us interpretation and a basis for action. We don’t have actionable
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Data vs Information
Conversion
CONTEXTUALISE
CATEGORISE
CONDENSE
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Data vs Information
Conversion
• Information is data with context, relevance and purpose and is found in answers
to questions beginning with who, what, where, when, and how many.
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https://www.slideshare.net/BernardMarr/big-data-best-quotes/7-You_can_have_datawithout_information`
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The Role of OISes
Supported Decision-Making
PRIORITY
DECISION STRUCTURE
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QUALITY
Internal
Structured
Internal
Unstructured
CONDENSE
Make
Organisation
Decisions
Information Systems
Collect Data >
Data Information
Wisdom
The team director who
Knowledge runs more than 60
restaurants and the
Information restaurant manager
Data
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Focus on Week 3
E N T E R P R I S E I N F O R M AT I O N M A N A G E M E N T ( E I M ) +
D ATA A N D I N F O R M AT I O N G O V E R N A N C E
EIM Overview
Enterprise Information Management (EIM) is a set of business processes, policies + software solutions
used to manage data (internal, external, structured, unstructured) across an organisation
through its daily operations.
• Organisational assets are fundamental capabilities of an organisation such as its people assets, physical
property assets, intellectual property assets, financial assets
• Assets are leveraged for improved business outcomes – as such they need to be prioritised, costed,
managed and maintained.
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Information +
Data Governance Organisation Governance
IT Governance
Different parts of organisation agree on what is
important to focus on and how to achieve that. Information Governance
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Information Governance
BUSINESS vs IT DRIVERS
BUSINESS IT
BUSINESS
STATISTICS TECHNOLOGY
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Enterprise Information Management
SEVEN BUILDING BLOCKS OF ENTERPRISE INFORMATION MANAGEMENT
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Decision-Makers Need Information
DIFFERENT ANALYTICAL TOOLS FOR DIFFERENT AUDIENCES
Strategic
Senior
Management
Tactical
Middle Management
Operational
Junior Management
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Using BI
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THEORY
OIS for a Travel Operator PRACTICE
J O I N I N G D ATA
DECISION STRUCTURE
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THEORY
Table 1 Table 2
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What’s coming next
• Creating, managing, sharing information and knowledge:
• Going from data to intelligence
• Metadata, data quality, master data and data standards
• Making data Available, Useable and Reliable
Case Studies:
• Domino's Pizza wants to
increase customer satisfaction
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Knowledge
Purchase
Product ID Order
Purchase Order
Unstructured Strategic
QUALITY
Information
Internal
Structured
Internal
Unstructured
CONDENSE
Make
Organisation
Decisions
Information Systems
Collect Data >
Data Information
Data
The team director who
runs more than 60
restaurants and the
restaurant manager
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