Deliverables: One written report in two parts.
Prerequisites: Completed the corresponding weeks instructional content and associated reading materials
Supplemental Material: Web Article – How the Right Data Enables Effective Stakeholder Management
https://vertocloud.co.uk/how-the-right-data-enables-effective-stakeholder-management/
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Instructions
Part 1
Stakeholders on a project have a vested interest in its outcome, and usually those outcomes are aligned with a business goal. Analytics project stakeholders in particular often have to use data to present recommendations directly to an executive or leadership official which means that as a data analyst it’s critical that you maintain continuous stakeholder involvement and commitment. Write a paper answering the following questions:
What are some strategies you can use to help maintain the stakeholders commitment and involvement throughout a project’s duration?
What might be some negative consequences of low stakeholder involvement?
How can these strategies also help develop a data analytics culture?
Cite the article provided and at least one additional reading from this module to answer these questions.
Length Guideline: 500 words
Read Decision-Making: The Impact of Organizational Culture
https://blogs.managementconcepts.com/2018/02/26/decision-making-the-impact-of-organizational-culture/
Read Getting Decision Rights Right
https://www2.deloitte.com/us/en/insights/topics/talent/organizational-decision-making.html
Read Role of Data Science in strategy and decision-making process
https://www.deccanherald.com/supplements/dh-education/role-of-data-science-in-strategy-and-decision-making-process-839797.html
Part 2
Imagine that you founded a start-up in the B-to-B area. You retain much of the ownership of the company. You have hired a management team (VP Sales, VP Marketing, VP Operations, VP Finance, Chief Technology Officer), and each has received a percentage of the company as part of their compensation, as well as having important management functions. Other owners include Angel Investors and a Venture Capital firm that purchased the Series A round and holds 2 seats on the 7 member Board of Directors. You now have a total of 30 employees. Three companies are customers that only pay half price because they were your initial customers. You now have an additional 20 companies as customers that are paying full price. You have ties to your former university and share technical information, both giving and receiving. If you are successful, you will continue to add customers and employees.
Discuss how you would engage with the stakeholders and navigate their different needs and views.
Length Guideline: 500 words
Read Decision-Making: The Impact of Organizational Culture
https://blogs.managementconcepts.com/2018/02/26/decision-making-the-impact-of-organizational-culture/
Read Getting Decision Rights Right
https://www2.deloitte.com/us/en/insights/topics/talent/organizational-decision-making.html
Read Role of Data Science in strategy and decision-making process
https://www.deccanherald.com/supplements/dh-education/role-of-data-science-in-strategy-and-decision-making-process-839797.html
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1. Introduction
Exceeds Standard
Goes above the requirements of the assignment to provide a compelling introduction that is coherent and concise.
2. Content & Analysis
Exceeds Standard
Goes beyond the requirements of the assignment to provide an insightful analysis and thoroughly answers the questions posed in the assignment instructions.
3. Interpretation & Conclusions
Exceeds Standard
Succinctly wraps up the findings in the conclusion by directly answering the question posed in the introduction. Provides clear and actionable recommendations that follow from the data presented.
4. Data Visualization
Exceeds Standard
Focused visualizations used to enhance and elevate report content. Strong use of student generated tables to and data visualization obliquely aligns with arguments/conclusions presented in the written report.
5. Mechanics
Exceeds Standard / Standard
Grammar, spelling and punctuation adhere to professional standards. Adheres to APA formatting guidelines.
6.Presentation
Exceeds Standard
Articulation of information, ideas, and concepts is particularly well-organized and professional, and demonstrates in-depth understanding of the target audience’s needs.
