ANL201 Data Visualisation For Business SUSS Assignment Sample Singapore
The ANL201 Data Visualisation For Business course is designed to give students the skills and knowledge necessary to effectively communicate data in the business world. The course covers a range of topics including data collection, analysis, and visualization. In this course, students will learn how to use a variety of tools and techniques to effectively communicate data. By the end of the course, students will be able to create compelling data visualizations that can be used to make informed business decisions.
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Assignment Activity 1: Describe An Overview Of the Business Performance Measurement Strategy.
The Business Performance Measurement Strategy (BPMS) is a systematic approach to measuring, managing, and improving the performance of an organization. It provides a framework for setting objectives, assessing progress, and making decisions to improve performance. The BPMS can be used by businesses of all sizes and in all industries.
- The first step in implementing a BPMS is to select the right performance indicators. The indicators should be aligned with the organization’s strategic goals and objectives.
- Once the indicators have been selected, they should be tracked on a regular basis. The data collected should be analyzed to identify trends and areas of improvement.
- Finally, action plans should be put in place to address any identified issues.
The BPMS is a flexible framework that can be customized to the needs of any organization. It is important to remember that the success of the BPMS depends on its implementation. To ensure successful implementation, businesses should involve all stakeholders in the process and provide training and support as needed.
Assignment Activity 2: Evaluate The Appropriateness Of Business Performance Measures Against Business Strategy Adopted.
The appropriateness of business performance measures depends on the business strategy adopted. For example, a manufacturing company that has adopted a lean manufacturing strategy would likely use different performance measures than a company that has adopted a mass production strategy.
The most important thing to remember is that the performance measures should be aligned with the organization’s strategic goals and objectives. Once the goals and objectives have been established, the appropriate performance measures can be selected.
There are many different types of business performance measures. Some common measures include financial measures, customer satisfaction measures, employee satisfaction measures, production measures, and quality measures. The type of measure used will depend on the organization’s specific goals and objectives.
Assignment Activity 3: Discuss The Design Principles Of Performance Reports And Dashboards.
There are a few key design principles to keep in mind when creating performance reports and dashboards.
- First, the reports and dashboards should be easy to understand and interpret. They should be free of clutter and use colors, shapes, and other visuals to effectively communicate data.
- Second, the reports and dashboards should be interactive. Users should be able to filter, sort, and drill down into the data to get the information they need.
- Finally, the reports and dashboards should be responsive. They should be designed to work on a variety of devices, including desktop computers, laptops, tablets, and smartphones.
When designing performance reports and dashboards, it is important to keep the user in mind. The reports and dashboards should be designed in a way that is easy for the user to navigate and understand. They should also be designed in a way that allows the user to get the information they need in a timely manner.
Assignment Activity 4: Use Appropriate Visualization Based On Given Data.
Data visualization is a powerful tool that can be used to effectively communicate data. When selecting a visualization, it is important to consider the type of data being presented and the message you want to convey.
For example, if you are trying to show a trend over time, a line graph would be an appropriate visualization. If you are trying to compare two or more items, a bar chart would be an appropriate visualization.
There are many different types of visualizations that can be used to effectively communicate data. Some common visualizations include line graphs, bar charts, pie charts, scatter plots and heat maps. The type of visualization used will depend on the specific data being presented and the message you want to convey.
Assignment Activity 5: Summarise Data Through The Use Of Business Performance Reports With The Aid Of Data Visualisation Software.
Business performance reports are a powerful tool that can be used to effectively communicate data. When designing a business performance report, it is important to keep the user in mind. The report should be easy to understand and interpret. It should also be interactive and responsive.
There are many different types of data visualization software that can be used to create effective business performance reports. Some common software includes Tableau, QlikView, and Power BI. The type of software used will depend on the specific needs of the organization.
When selecting data visualization software, it is important to consider the type of data being presented and the message you want to convey. There are many different types of visualizations that can be used to effectively communicate data. Some common visualizations include line graphs, bar charts, pie charts, scatter plots and heat maps. The type of visualization used will depend on the specific data being presented and the message you want to convey.
Assignment Activity 6: Develop Business Performance Dashboards Using Data Visualisation Software.
As a business, it’s important to have a clear understanding of your performance. One effective way to track and monitor this information is through the use of data visualization software and business performance dashboards. These dashboards can display essential metrics in an easily understandable format, allowing you to quickly identify areas that may require attention or improvement.
By regularly monitoring key indicators such as sales and customer satisfaction, you can make informed decisions and take proactive steps toward achieving your goals. Data visualization software also allows for the easy analysis and comparison of data over time, giving insight into patterns and trends in your business performance. Implementing these dashboard tools can give you the opportunity to maximize productivity and optimize success.
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