Assignment

BUSINESS INTELLIGENCE REPORT 3

(ITS-531)

Nageswara rao Beerella

Student ID – 002839375

UNIVERSITY OF THE CUMBERLANDS

Date: 01/27/2018

Content

Section1:

Describe the background and the general business environment for the project………………3

Define at least 10 problems related to decision making that currently exist in the organization

…………………………………………………………………………………………………4

Describe the typical organizational response to the above 10 problems using the business

Pressure-responses-support model…………………………………………………………… 6

Describe the quantitative and qualitative impact of the organizational response to the

Problems on managerial decision making……………………………………………………7

Describe how business intelligence can be used to support problem-solving and decision

Support in the case study organization……………………………………………………….8

References……………………………………………………………………………………9

Describe the background and the general business environment for the project:

The background and the general business environment for the Fannie Mae

Fannie Mae has been a pacesetter in lower estimated lodging form 80 years a long time. house

Estimated lodging has ceaselessly been crucial to our assignment. Through The undertaking, we

are building on that long standing commitment and growing our mindfulness with the help of

Recognizing the inseparable connect among lodging and the broader community.

A developing body of inquire about outlines the relationship between financial opportunity and

get to to reasonable lodging. Individuals truly have moved to where there were occupations. For

Numerous a long times, that movement was coupled with more housing being built, which

Implied laborers at numerous pay levels could live affordably close where they worked.

In later a long time that energetic has changed. Rents and domestic costs in high-opportunity

regions have skyrocketed, with unused supply regularly on the high-end, estimating out lower-

skilled and lower-wage workers, driving them to live encourage and encourage absent from their

places of work. Essentially put, need of reasonable lodging has closed off get to to high-

opportunity regions, and everything they offer, for distant as well numerous people. This gets to

the fundamental point of Stage 1 of The Challenge. We are looking for ways to progress more

reasonable lodging in tall opportunity/sustainable communities and/or bring more note worthy

financial openings to those zones where reasonable lodging as of now exists. We know others

are considering approximately this complex issue. They can seize this opportunity to yield a

Proposition and, in the event that effective, scaled to offer assistance communities across the

nation.

Ten problems related to decision making that currently exist in the organization are:

1. No sufficient information

When the sufficient information is not provided to the particular individual who is an in charge

then there is a problem with the decision making process. This problem happens most of the time

when the individual is not aware of the outcome of the problems.

2 .Surplus Information

If there is a large chunk of data which is very difficult to process and analyze the outcomes of

that data, then there is also a problem of not developing which causes the decision making hard

for the individuals.

3. Committee decisions

The committee decisions play a very crucial role in the whole decision making process. So there

might be a chance of misunderstanding the concepts for advancement of the technology in the

company. Most of the individuals don’t like to go for the advancement of the technology in the

companies. So this committee decisions are really major problems of decision making.

4 Not reaching targets in time which delays other work

If the targets are not reached within the expected timeline then there might be a chance of facing

problem. due to this the target date will be delayed and cause the team to stress out. Where at

that time the decision making is very hard for every team who makes the decision.

5. Too many people

If there are too many people in the team and the information is scattered in between them, then

there might be a problem for whole team because the too many individuals handling the

information is very dangerous

6. Emotional attachments

The Emotional attachments also very play a very crucial role in the decision making because all

the employees are connected both socially and emotionally. Because of this the decisions are

very hard to make. That’s why emotional attachments are very hard to decide and very crucial in

every organization.

7. Lack of information between employees

Lack of information can be caused by many factors. This may be caused because of employee

negligence and also the improper decisions between the employees. The lack of information is

employees can be not willing to share the information because of job security.

8. No emotional attachments

The problem with no emotion attachments is that if there is no emotional attachments then is a

problem that the employees will don’t care about what they are doing.

9. Vested interests

Some employees will work their personal gain like an increase in salary. The vested interests

create a little disturbance in the team because the employees may get hurt if they are not getting

the benefits as needed.

10 Seeing each problem as one whole big deal

Some employees think the problem in a whole junk but they do not think that a problem can be

spitted into chunks. This makes the decision making very difficult in the crucial times. So the

problem need to be analyzed first and divided into chunks and deal it separately.

Organizational response to the above ten problems using the business pressure-responses-support model

The trade weight relates to the encouraging of the changes with the endeavor to handle the

openings and challenges. Enrollment and maintenance of qualified brokers could result in

considerable extra costs. They have been a party to, or something else included in, a few

litigations and interventions including competitor claims in association with modern worker

contracts. Fannie Mae moreover seek after rights through case when competitors enlist their workers.

who are beneath contract with them. In spite of the result of these cases, they for the most portion bring almost critical costs and require liberal organization time to oversee these cases. They regularly give brokerage administrations to clients in the shape of coordinated vital exchanges, in Which Fannie Mae act as a “middleman” by serving as counterparty for recognized buyers and venders

in coordinating, in entirety or in portion, complementary back-to-back exchanges. In executing

Coordinated foremost exchanges, they are uncovered to the chance that one of the count

Impact of quantitative and qualitative on managerial decision making

Quantitative and Subjective are one of the two major commitments to make a fruitful administrative choice making. Quantitative investigation fundamentally bargains with the data

that can't really be measured. Quantitative investigation is data around amounts; that is, data can be measured and composed down with numbers. A few illustrations of quantitative to

information are your tallness, your shoe measure, and the length of your fingernails. Quantitative

choice is based on clear numerical factual and quantifiable information without thought to any

other factors.Quantitative choices are for the most part based on factual investigation of collected

information while subjective choices are based on numerous calculations like sort and quality of

Information, components that impact collected information, chance appraisals. It is a more in-

depth assessment of data taking into account all conceivable variables that influence a given

situations not fair the numerical information esteem to reach a decision. quantitative choice.

How business intelligence can be used to support problem-solving and decision Support in the case study organization:

The fundamental reason of Trade Insights in commerce is to offer assistance corporate officials, commerce directors and other operational laborers make way better and more educated commerce choices. Companies moreover utilize Trade Insights to cut costs, recognize modern trade openings, and spot wasteful trade forms ready for re-engineering. A few Benefits of utilizing Commerce Insights in an organization are:

•Increasing Revenues

Helping to develop efficiency

•Improvement in choice Making

•Changing agreeing to the advertise trends

•More competitive advantages.

Business Insights program frameworks give verifiable, current, and prescient sees of commerce operations, most regularly utilizing information that has been accumulated into a information stockroom or a information shop and sometimes working from operational data. Using BI is a exceptionally proficiency procedure for making great choice makings as BI this is primarily utilized for trade purposes by spotting the contrasts between the show markets and the an

References:

Turban, Efraim, Business Intelligence and Analytics: Systems for Decision Support, 10th ed. Boston: Pearson, 2015.

Turban. (2008). Decision Support and Business Intelligence Systems, 8/E. Pearson Education

Business Analysis for Business Intelligence – Bert BRIJS

http://www.thehomestory.com/fannie-mae-is-challenging-you-to-help-revitalize-the-nations-neighborhoods/