Converting Data to Information for Case Study Analysis Adapted from J. Osborne in Decisions Sciences...
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Transcript of Converting Data to Information for Case Study Analysis Adapted from J. Osborne in Decisions Sciences...
![Page 1: Converting Data to Information for Case Study Analysis Adapted from J. Osborne in Decisions Sciences Journal of Innovative Education 3:1 p137.](https://reader036.fdocuments.in/reader036/viewer/2022082712/56649e9f5503460f94ba1028/html5/thumbnails/1.jpg)
Converting Data to Information for Case Study Analysis
Adapted from J. Osborne in Decisions Sciences Journal of Innovative Education 3:1 p137.
![Page 2: Converting Data to Information for Case Study Analysis Adapted from J. Osborne in Decisions Sciences Journal of Innovative Education 3:1 p137.](https://reader036.fdocuments.in/reader036/viewer/2022082712/56649e9f5503460f94ba1028/html5/thumbnails/2.jpg)
Making sense of it all.
Mixture of narrative, graphic and tabular data– Two steps of normative decision making model– Spreadsheet technology– Inputs to SWOT analysis
![Page 3: Converting Data to Information for Case Study Analysis Adapted from J. Osborne in Decisions Sciences Journal of Innovative Education 3:1 p137.](https://reader036.fdocuments.in/reader036/viewer/2022082712/56649e9f5503460f94ba1028/html5/thumbnails/3.jpg)
Starting an Analysis
Scan Re-read As a group
– Find 4 to 6 issues from case (see problem list)– Prioritize– Use these to value later bits of information
![Page 4: Converting Data to Information for Case Study Analysis Adapted from J. Osborne in Decisions Sciences Journal of Innovative Education 3:1 p137.](https://reader036.fdocuments.in/reader036/viewer/2022082712/56649e9f5503460f94ba1028/html5/thumbnails/4.jpg)
Problem List
Ethics Planning Organizing Directing Leading Structure Marketing Information systems Accounting Finance Facilities
Technology Economics Social Political Legal R&D Logistics Manufacturing Communications Human Resources Others…
![Page 5: Converting Data to Information for Case Study Analysis Adapted from J. Osborne in Decisions Sciences Journal of Innovative Education 3:1 p137.](https://reader036.fdocuments.in/reader036/viewer/2022082712/56649e9f5503460f94ba1028/html5/thumbnails/5.jpg)
Factoids
A factoid is a very short, single fact like CNN would use to entertain while adjusting timing.
– E.g. “The average time to produce a new generation of PCs is 9 months.”
Originate in:– Narrative– Tables– Graphs
Must be brief and limited to a single topic.
![Page 6: Converting Data to Information for Case Study Analysis Adapted from J. Osborne in Decisions Sciences Journal of Innovative Education 3:1 p137.](https://reader036.fdocuments.in/reader036/viewer/2022082712/56649e9f5503460f94ba1028/html5/thumbnails/6.jpg)
Gather Factoids in Excel
One person on PC enters factoids 1 per row. No factoids are excluded. Expect 8-12 pages from a 25 page case
study.
![Page 7: Converting Data to Information for Case Study Analysis Adapted from J. Osborne in Decisions Sciences Journal of Innovative Education 3:1 p137.](https://reader036.fdocuments.in/reader036/viewer/2022082712/56649e9f5503460f94ba1028/html5/thumbnails/7.jpg)
Classify and Value Factoids
Step one:– Classify as (I) internal or (E) external to
corporation Open vs. closed systems Boundary spanning
Step two:– Value items from:
-10 strong factor with detrimental effect w.r.t. issue 10 strong factor with positive effect w.r.t. issue
![Page 8: Converting Data to Information for Case Study Analysis Adapted from J. Osborne in Decisions Sciences Journal of Innovative Education 3:1 p137.](https://reader036.fdocuments.in/reader036/viewer/2022082712/56649e9f5503460f94ba1028/html5/thumbnails/8.jpg)
Sort and discard
Sort internal and external primary Sort importance secondary Zone of indifference -8 to 8
– Expect to end up with no more than 12.
Remaining High Value items are important w.r.t. case issues.
![Page 9: Converting Data to Information for Case Study Analysis Adapted from J. Osborne in Decisions Sciences Journal of Innovative Education 3:1 p137.](https://reader036.fdocuments.in/reader036/viewer/2022082712/56649e9f5503460f94ba1028/html5/thumbnails/9.jpg)
SWOT Analysis
Internal External
Strong Negative Weaknesses Threats
Strong Positive Strengths Opportunities
![Page 10: Converting Data to Information for Case Study Analysis Adapted from J. Osborne in Decisions Sciences Journal of Innovative Education 3:1 p137.](https://reader036.fdocuments.in/reader036/viewer/2022082712/56649e9f5503460f94ba1028/html5/thumbnails/10.jpg)
On with the analysis
Further analysis/number crunching Recommended plan of action Implementation plan and issues