Pathways to Value from Business Analytics

Through what pathways does business analytics (BA) contribute to business value? To answer this question we argued that BA tools and capabilities only produce value if they are used, so we set out to explore different types of BA use. This led to the identification of two types of BA users—analytics professionals and analytics end-users (from executives to the shop floor)—which in turn led to identification of the three “pathways to value from business analytics”, namely provision of advisory services, creation and enhancement of BA tools and the BI-platform, and use of BA tools by end users. As a preliminary empirical assessment of the validity of these three pathways, we conducted eleven one-hour interviews with thirteen senior managers with a wide range of interests in BA. Results from those interviews are consistent with our claim that the three pathways exist and are important sources of business value from BA

Linking Big Data and Business: Design Parameters of Data-Driven Organizations

Big data analytics is accepted to be an important driver of business value. However, this value does not come without a cost. Becoming a data-driven organization (DDO) necessitates a substantial transformation along the components structure, actors, task, and technology. Moreover, as successfully generating value from big data requires the utilization of data insights in business, attention needs to be assigned to the different actors from the data and business side, and their interrelation and collaboration. By taking a socio-technical systems perspective and utilizing a multi-case research approach, we developed a taxonomy to structure insights about different design parameters of a DDO. Thus, we contribute to the information systems literature by proposing a holistic design framework for DDOs paying tribute to its high collaboration requirements, and offer a compendium for managers with pathways how to design a DDO

Designing and Delivering a Curriculum for Data Science Education across Europe

Data is currently being produced at an incredible rate globally, fuelled by the increasing ubiquity of the Web, and stoked by social media, sensors, and mobile devices. However, as the amount of available data continues to increase, so does the demand for professionals who have the necessary skills to manage and manipulate this data. This paper presents the European Data Science Academy (EDSA), an initiative for bridging the data science skills gap across Europe and training a new generation of world-leading data scientists. The EDSA project has established a rigorous process and a set of best practices for the production and delivery of curricula for data science. Additionally, the project’s efforts are dedicated to linking the demand for data science skills with the supply of learning resources that offer these skills

Multinational perspectives on information technology from academia and industry

As the term \u27information technology\u27 has many meanings for various stakeholders and continues to evolve, this work presents a comprehensive approach for developing curriculum guidelines for rigorous, high quality, bachelor\u27s degree programs in information technology (IT) to prepare successful graduates for a future global technological society. The aim is to address three research questions in the context of IT concerning (1) the educational frameworks relevant for academics and students of IT, (2) the pathways into IT programs, and (3) graduates\u27 preparation for meeting future technologies. The analysis of current trends comes from survey data of IT faculty members and professional IT industry leaders. With these analyses, the IT Model Curricula of CC2005, IT2008, IT2017, extensive literature review, and the multinational insights of the authors into the status of IT, this paper presents a comprehensive overview and discussion of future directions of global IT education toward 2025

Applied business analytics approach to IT projects – Methodological framework

The design and implementation of a big data project differs from a typical business intelligence project that might be presented concurrently within the same organization. A big data initiative typically triggers a large scale IT project that is expected to deliver the desired outcomes. The industry has identified two major methodologies for running a data centric project, in particular SEMMA (Sample, Explore, Modify, Model and Assess) and CRISP-DM (Cross Industry Standard Process for Data Mining). More general, the professional organizations PMI (Project Management Institute) and IIBA (International Institute of Business Analysis) have defined their methods for project management and business analysis based on the best current industry practices. However, big data projects place new challenges that are not considered by the existing methodologies. The building of end-to-end big data analytical solution for optimization of the supply chain, pricing and promotion, product launch, shop potential and customer value is facing both business and technical challenges. The most common business challenges are unclear and/or poorly defined business cases; irrelevant data; poor data quality; overlooked data granularity; improper contextualization of data; unprepared or bad prepared data; non-meaningful results; lack of skill set. Some of the technical challenges are related to lag of resources and technology limitations; availability of data sources; storage difficulties; security issues; performance problems; little flexibility; and ineffective DevOps. This paper discusses an applied business analytics approach to IT projects and addresses the above-described aspects. The authors present their work on research and development of new methodological framework and analytical instruments applicable in both business endeavors, and educational initiatives, targeting big data. The proposed framework is based on proprietary methodology and advanced analytics tools. It is focused on the development and the implementation of practical solutions for project managers, business analysts, IT practitioners and Business/Data Analytics students. Under discussion are also the necessary skills and knowledge for the successful big data business analyst, and some of the main organizational and operational aspects of the big data projects, including the continuous model deployment

Student-Centered Learning: Functional Requirements for Integrated Systems to Optimize Learning

The realities of the 21st-century learner require that schools and educators fundamentally change their practice. "Educators must produce college- and career-ready graduates that reflect the future these students will face. And, they must facilitate learning through means that align with the defining attributes of this generation of learners."Today, we know more than ever about how students learn, acknowledging that the process isn't the same for every student and doesn't remain the same for each individual, depending upon maturation and the content being learned. We know that students want to progress at a pace that allows them to master new concepts and skills, to access a variety of resources, to receive timely feedback on their progress, to demonstrate their knowledge in multiple ways and to get direction, support and feedback from—as well as collaborate with—experts, teachers, tutors and other students.The result is a growing demand for student-centered, transformative digital learning using competency education as an underpinning.iNACOL released this paper to illustrate the technical requirements and functionalities that learning management systems need to shift toward student-centered instructional models. This comprehensive framework will help districts and schools determine what systems to use and integrate as they being their journey toward student-centered learning, as well as how systems integration aligns with their organizational vision, educational goals and strategic plans.Educators can use this report to optimize student learning and promote innovation in their own student-centered learning environments. The report will help school leaders understand the complex technologies needed to optimize personalized learning and how to use data and analytics to improve practices, and can assist technology leaders in re-engineering systems to support the key nuances of student-centered learning

Tapping New Pools of Talent: Preparing Opportunity Youth to Help Fill the Skills Gap

More than 6 million young people in the United States are out of school, out of work, and, often it seems, out of luck. That's 17 percent of Americans between the ages of 16 and 24. This population includes dropouts and high school graduates, former foster children and juveniles in court custody; youth caring for siblings and teens cycling in and out of low-wage jobs. Once known as "disconnected," they are increasingly called "opportunity youth." Despite growing up in difficult circumstances--they represent a large opportunity for investing in our nations workforce and our future. This brief focuses on strategies for strengthening education and employment pathways that prepare opportunity youth for jobs that can lead to productive careers. It is part of a series from JFF's conference Bridging the Gap: Postsecondary Pathways for Underprepared Learner

Nonprofit Management Tools and Trends 2014

The heightened importance of strong nonprofit management calls attention to a wide range of management practices that we call tools. Despite their importance, to date there has been no systematic attempt to understand what tools are being used or how effective they are. This report aims to fill that knowledge gap. It creates a "consumer report" for nonprofit leaders seeking to apply one or more of 25 popular tools to the challenges at hand. These tools can help organizations live up to their missions and meet funders' expectations for results. Many of the tools on our list, such as scenario planning and benchmarking, migrated from the business world. Others, such as funding models and constituent engagement, evolved specifically with nonprofit needs in mind.To understand how many tools a typical nonprofit uses, for what purposes, and how they perform, The Bridgespan Group developed a survey of the top nonprofit tools and trends in the social sector, nominated by a panel of more than two dozen practitioners, funders, and intermediaries. Overall findings confirm nonprofits' widespread use of management tools and their interest in using more in the future. The survey also provides insights into how well those tools help leaders respond to trends in the sector. It is our intent that this report will be repeated at intervals and should serve to stimulate questions, test practices, spark experiments, and ultimately help managers to get better results