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Category: Business and Industry
Date Submitted: 04/10/2012 08:30 PM
Business Communication
Assignment # 03
To determine Business Intelligence solutions for Human Resource Analysis
Submitted to: Mr Hamid Nawaz
Submitted by: Shakira Mansoor
MBA 2K11-A
Date of submission: 8 December 2011
Mind Map
Traditional Outline
* Introduction
* Benefits of BI
* Competitive edge
* Faster, more reliable decisions
* Investment in HR top priority
* Sources of data
* Data warehouses and data marts
* Internal data
* External data
* Need for Business Intelligence solutions for Human Resources
* Globalization
* Diversity
* Increased competition
* Rapid environmental changes
* Salaries largest operating expense
* Uses of Business Intelligence for Human Resources
* Workforce plan
* Recruitment plan
* Workforce benchmarking
* Compensation plan
* Training and development plan
* Analysis of what-if scenarios
* Soft wares offering HR solutions
* IBM Cognos Business Intelligence and Human Resource Performance Management
* Oracle Human Resources Analytics
* SAS Human Capital Predictive Analytics and Retention Modeling
* SAP ERP Workforce Analytics
* Benefits of using BI
* Improved performance and productivity
* Aligned strategies
* Workforce cost control
* Lowest and most effective headcount
* Highlight weaknesses
* Commensurate salaries
* Overcome uncertainties
* Conclusion
Introduction
Business Intelligence (BI) refers to computer-based processes used to collect, classify and analyse business data for optimal decision making. It enables the firm to make faster, more reliable decisions and is considered to be the only competitive advantage left with firms in this era of technological innovations and globalization. BI applications and software revenue surpassed $9.3...