Elevator Pitch Data Analytics

sb230529
Home>Homework Answsers>Information Systems homework help
Data Analytics

Please see attachment

  • 3 years ago
  • 15
Report issue
files (3)

DAT205ElevatorPitchTemplate.docx

MP_SNHU_withQuill_Horizstack

DAT 205 Elevator Pitch Template

Complete the table below by filling in the blank cells.

Start by introducing yourself.

Describe what it means to be a data-driven organization.

Briefly explain each stage of the data analytics life cycle and a data analyst’s role in each stage.

Identify at least two types of tools or methods for sharing data and results.

Explain why these tools or methods are appropriate for communicating with stakeholders and other nontechnical audiences in your organization.

Explain how data influences and impacts organizational decision making.

1

image1.jpeg

DAT205ElevatorPitchGuide.pdf

1

DAT 205 Elevator Pitch Guide What is an elevator pitch? An elevator pitch, or speech, is a brief verbal communication that is used to convey information to an audience. It is an effective tool to tell a story in a clear and concise manner. Why is it called an elevator pitch? The term “elevator pitch” is due to its unanticipated and brief nature. Consider what happens if you are approached by a colleague, your manager, or a potential employer in an elevator: You only have the time it takes to ride an elevator from the bottom to the top of a building, or less than two minutes. *It is important to note that for the purpose of this course, we will assume elevator pitches range from two to five minutes in length. Why use an elevator pitch? An elevator pitch can be used for networking and growth in your personal or professional life, as well as for your business organization. Elevator pitches are sometimes thought of as being specific to an idea or a product, but selling yourself as a professional is a common-use case for elevator pitches, too. How do you create an effective elevator pitch?

1. Begin by introducing yourself. 2. Provide a summary of your main points. 3. Persuade your audience by highlighting the value of your main points. 4. Mention your goals. 5. Provide a means for your audience to follow up with you.

Tips for Success

• Know your audience. • Keep it short and to the point. • Use a conversational tone. • Express confidence. • Practice, practice, practice!

Example “Good afternoon, my name is Tonja Smith. I am currently a business analyst for T-Test Consulting, which is a small, for-profit business organization. Our consultants develop valuable software products and offer consulting services to our customers, who are interested in business analytics for their companies. As a business analyst, I am involved in gathering data from our customers, preparing it, and working with my team here at T-Test to analyze and visualize our findings. We then work with our customers to deliver reports and tools to help them become more efficient and competitive. This is important to our customers because they might not have the resources at their company to do this. If you are interested in learning more about my role and experience at T-Test Consulting, I would be happy and eager to set up a meeting to talk.”

2

References

Doyle, A. (2019, April 12). How to create an elevator pitch with examples. Retrieved from

https://www.thebalancecareers.com/elevator-speech-examples-and-writing-tips-2061976.

Indeed. (n.d.). How to give an elevator pitch (with examples). Retrieved from

https://www.indeed.com/career-advice/interviewing/how-to-give-an-elevator-pitch-examples.

Simmons, J. (n.d.). How to craft the perfect elevator pitch. Retrieved from

https://www.monster.com/career-advice/article/how-to-do-an-elevator-pitch.

  • DAT 205 Elevator Pitch Guide
    • What is an elevator pitch?
    • Why is it called an elevator pitch?
    • Why use an elevator pitch?
    • How do you create an effective elevator pitch?
    • Tips for Success
    • Example
    • References

DAT205ProjectThreeGuidelinesandRubric.docx

DAT 205 Project Three Guidelines and Rubric

Competency

In this project, you will demonstrate your mastery of the following competency:

· Describe how data analysis impacts organizational decision making

Scenario

Decorative image

You recently started a new position as a data analyst for a large corporation. This past year, members of the organization’s leadership council have shared a new organization-wide strategic goal: Leverage data analytics and technology to become data-driven decision makers.

One way your organization is planning to become more data-driven is to adopt a new customer relationship management (CRM) system. This system would allow the organization to manage relationships with current customers, identify potential customers, increase profits, streamline processes, and facilitate business decisions. In addition, the CRM system will utilize data analysis, which is of high interest to your stakeholders.

A majority of the organization’s stakeholders are unfamiliar with your process for using data analysis to facilitate organizational decision making. The data analytics team has recently received several inquiries from a variety of stakeholders asking you how data analysis, and specifically the new CRM, can be used effectively to impact organizational decision making.

Quite often, professionals use elevator pitches to clearly and concisely convey important information to others. You will need to consider the interests of the organization’s stakeholders and determine what they need to know. To gain acceptance and “buy-in” from stakeholders, prepare an elevator pitch on how analysis using data from the CRM system can be instrumental in data-driven decision making.

Directions

First, select the industry you are most interested in:

· Healthcare

Note: If you are interested in an industry that is not listed above, reach out to your instructor for approval prior to completing your project. You are not required to select the same industry that you explored in other projects in this course.

You conduct a quick search online to learn more about elevator pitches and find the Elevator Pitch Guide and an easy template to follow (see the What to Submit and Supporting Materials sections below). Create a clear and concise elevator pitch by first introducing yourself and then discussing the following:

· Describe what it means to be a data-driven organization. Consider the following:

· How can data inform decision making? Consider providing an example that is relevant to your industry.

· How does a CRM system play a role in organizational decision making?

· What is data analysis? How do organizations use data analysis? What are its benefits?

· Upon purchasing a CRM system, the data analytics team will be responsible for managing the data using the data analytics lifecycle (DAL).  Briefly explain each stage of the DAL and a data analyst’s role in each stage. Consider mentioning the relevant types of data that will be available from the CRM system and what questions that data can be used to address in your organization and the industry you selected.

· As part of the DAL, data analysts communicate their results to various audiences. A CRM system is a common tool used for data-driven decision making in organizations. In your elevator pitch,  identify at least two types of tools or methods for sharing data and results from a CRM system. Consider the following:

· What methods or tools are available and are widely used by analysts to demonstrate conclusions to decision makers?

· How might data visualization play a role in communicating your results?

· Be sure to  explain why these tools or methods are appropriate for communicating with stakeholders and other nontechnical audiences in your organization. Consider the following:

· What are the benefits of communicating information this way?

· Do these tools or methods accurately summarize the information you would like to convey?

· Will the tools or methods meet the stakeholders’ needs?

· Are there any considerations that need to be made in regard to cost or time for using these tools or methods?

· Explain how data influences and impacts organizational decision making. Consider the following:

· What are the potential improvements that data from a CRM system with data analysis capabilities can be used to facilitate in this type of organization and industry?

· How will adopting a CRM system impact an organization and its functions?

· What are the potential constraints when using a CRM system?

What to Submit

To complete this project, you must submit the following:

Elevator Pitch An elevator pitch is a brief speech that is used to convey essential information to your audience. Use the supporting materials and the template linked above to guide the creation of an elevator pitch. Be sure to write out your elevator pitch in full sentences and in a conversational tone for use with stakeholders. To ensure your communication with stakeholders is clear and concise, your elevator pitch should not exceed two pages in length.

Supporting Materials

The following resource(s) may help support your work on the project:

Document:  Elevator Pitch Guide An elevator pitch is a brief speech that is used to convey essential information to your audience. An elevator pitch tells a story in a clear and concise manner to the appropriate audience. Review this guide on creating effective elevator pitches.

image1.jpeg