For the past 16 weeks, the course Management Information System has taught me about the different concepts and introduced me to exciting concepts like visualization, management systems, etc. Besides this, the balanced scorecard concept emphasizes its role in the strategic management process. Organizations use balanced scorecards to measure and provide feedback, device strategy mapping, develop strategic objectives, and device strategic initiatives. Strategic mapping may be implemented to visualize the areas in an organization where value is added. The tool can also be used as a management system to motivate breakthrough enhancements in product and market development. Different organizations develop customized scorecards to suit their operations, techniques, mission, and culture. It is essential to know that the balanced scorecard is a scorecard and a methodology to help identify both financial and non-financial goals related to strategic initiatives. Further, it effectively leads to the ultimate decision-making process (Geurten, 2021).
When coming to the new skills, I gained pretty much knowledge regarding data visualization and GIS. Through this course, I got a clear understanding of how to analyze the data and visualize it. Turning them into valuable data visuals has changed over time, and the reason would be my better understanding in analyzing my raw data and then converting that into compelling visuals. I also learned what is GIS needs to be selected to make the visuals clear for the end-user. At the end of this course, I can analyze the tickets clearly concerning the functionalities and project the data to my management through my data visuals without any issues (Malagueño, Lopez-Valeiras & Gomez-Conde, 2018).
I would like to use my new skills in data visualization in my current work position. I can use the techniques explained in this course when presenting visuals to the business through the dashboards, especially when presenting the financial statistics. I would like to improve my presenting processes to the audience, especially when providing the wider audience statistics. Those can be easily understandable even for a layman without having any knowledge on the subject. Here the audience is non-other than stakeholders and the shareholders of my firms. Through the useful visualization explanation, they could easily understand my firm’s sales and the current position which we are holding. Thus, the course emphasized the accuracy of using these visuals to the better decision-making process, which has directly enabled positive responses from my clients (Malagueño, Lopez-Valeiras & Gomez-Conde, 2018).
References
Geurten, T. M. J. (2021). Towards information governance recommendations with the use of social network analysis and knowledge management theory.
Malagueño, R., Lopez-Valeiras, E., & Gomez-Conde, J. (2018). Balanced scorecard in SMEs: effects on innovation and financial performance. Small Business Economics, 51(1), 221-244.