Business metrics or key performance indicators (KPIs) are useful in determining the success of change management efforts by providing a measurable value against which the company can then compare its desired business goal or outcome. Research three business metrics and describe how each is used to measure performance and how a business can use the results from each metric to improve its performance.

How can a manager address concerns by implementing a measurement and metrics program based on the GQM technique.

When using evidence-based analytics in decision making, measurement is an essential tool in gauging progress. However, the leader needs to assess data based on the following consideration(s). Check All That Apply To what extent is the measurement an accurate representation of the success of the change initiative?To what extent is the measurement an accurate representation of the success of the change initiative? What is the relationship between the time of the measurement being reported and the timeframe over which the benefits of the change is expected to be delivered?What is the relationship between the time of the measurement being reported and the timeframe over which the benefits of the change is expected to be delivered? What are the components of the measurement being monitored e.g. internal and/or external environmental factors and to what extent are they relevant to the organizational change?What are the components of the measurement being monitored e.g. internal…

Let's think about this: Do you think Big Data and Predictive Analytics, two examples of modern marketing technologies, would have been effective if used a decade or two ago? How come this is the case?

The following should be considered: Consider if predictive analytics, such as the use of big data, would have succeeded in marketing if it had been used 15 years ago. Is there a reason why this is the case?

What differentiates business intelligence and analytics?

Describe what is meant by the Business Analyst role being both tactical and strategic.

Descriptive, Prescriptive, and Predictive Analytics, are methods used to determine outcomes for businesses. How are they different from each other? When are they used? Pretend that you are a Data Analyst in a company, how would you apply or used some of these methods?

Identify one of the emerging technologies (or research stream) in the Gartner, MIT, and World Economic Forum readings. Do additional research include 4-5 citations about the topic. Perform an analysis of the technology and develop a strategic plan by which a company (either existing or new but be sure to specify) may decide to compete.  The plan should be clearly supported by a framework or combination of frameworks (e.g. the socio-technical).  In a analysis, pay attention to the prescriptions in the Khanna article and how it might help shape a strategy.

Describe the challenges associated with implementing business intelligence.