Evaluating Business Intelligence Systems W8 assign Essay

Evaluating Business Intelligence Systems W8 assign - Essay Example Additionally, the importance of such transitions for employees have also been explained in this study along with the mechanism through which the success of the BIS initiative can be evaluated. Thus, the study renders a significant insight regarding the organizational initiative of BIS in the modern day scenario. Introduction Business Intelligence System (BIS) is a kind of technology that provides noteworthy business value by improving effectiveness of managerial and technical decision making. It is a structural design and a collection of integrated operational as well as decision support applications and databases to assist business communities with an easy access to business data. In this respect, the continuous advancement in information technology can be identified as the potential driver for sustaining the business in the current highly competitive industrial environment (Srinivasan, 2011). This paper focuses on the issues that guarantee success of BIS and highlights significance of transition process of BIS in the most coherent manner. Issues That Help Guarantee Success of Business Intelligence System The issues that help to construct successful BIS are usually quite similar to the requirements of any other system that involves the use of the technology and seeks to change the organizational functions towards betterment. ... In addition, business management sponsor must be capable and potential enough to communicate the vision related with BIS and ascertain committed efforts from the entire management team. Also, the efficient business driver should be capable to motivate members of the organization to contribute their best towards its productivity. It is worth mentioning that primarily the top level and middle level managers from the different heads (such as regulatory, financial and operational) of the organization are engaged in accomplishing the tasks as a business driver. Similarly, feasibility acts as the other key success issue of BIS. Understanding various data and being capable to communicate these data with its actual meaning is an extremely crucial aspect with respect to BIS. It can be argued in this regard that tools and its applications only cannot guarantee success of information system within an organization. Correspondingly, focusing on the process and basic process control mechanism can form a solid foundation for assimilating the crucial and critical success factors required for the effective implementation of BIS. CSFs Framework for Implementation of BI Systems Source: (Yeoh & Koronios, 2010) With regards to the above mentioned model, critical success factors of the BIS can be divided into three different categories including organization, process and technology. Contextually, these three factors, when aligned carefully and efficiently, usually results in delivering best outcomes from the implementation of BIS. Importance of Transition to the Employees and Shareholders Transition is a very crucial component from the industry point of view.

Revenue Management in Hospitality Assignment Example | Topics and Well Written Essays - 2500 words

Revenue Management in Hospitality - Assignment Example The top 20 theme parks in North America have reported a footfall of 135.1 million with an annual rise of 2.7% over its 2012 levels, whereas top 10 theme parks in Latin America have witnessed a 3.8% growth in foot fall. Such increased level of foot fall is characterised by growth in leisure and international travels. Leisure travels witnessed an absolute growth of 11% from 2004 – 2013, whereas international arrivals saw a growth of 51%. The total visits of the top 20 theme parks in North America saw an absolute growth of 17% from 2004 – 2013, while the US population grew at 9% over the years. Disneyland opened in 1955 and Disneyland California Adventure was established in the year 2001 and offers host of services that include attractions, rides, shows, refreshment stands, merchandise shops and diners which are clubbed under various names like Carls land, Condor flats, Hollywood land, Buena vista street, paradise wharf, pacific wharf and bug’s land. It also extended its service portfolio to resorts and spas. Disney resorts have 2400 rooms, conference space of 180,000 and 50 vacation clubs. Down town Disney is another attraction that is spread across 15 acres that offers entertainment, dining and shopping facilities. It is next to Disneyland and Disney California adventure ((Disneyland. 2015a). Though Disneyworld is the market leader in the theme park industry, it still faces acute direct competition from Merlin entertainment and Universal studios. Disney’s theme park has witnessed highest total attendance of 132.5 million compared to Merlin and Universal group’s 59.8 million and 36.3 million. Merlin entertainment and Universal studio have witnessed high growth rate in foot falls from 2010 – 2013. All the three theme park groups have presence across various regions vis-a-vis US, Europe, Middle East and Asia. Merlin has more than 10 theme parks in different states of the US that makes Disney and Universal studios the only competitors in