Regulatory Сompliance Quarter

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Business Intelligence Quarter (hereinafter, the Quarter) is the first of four lectures of Operations Quadrivium (hereinafter, the Quadrivium):

The Quadrivium is the first of seven modules of Septem Artes Administrativi, which is a course designed to introduce its learners to general concepts in business administration, management, and organizational behavior.


Outline

The predecessor lecture is Organizational Communication Quarter.

  • Forecast. Prediction of outcome.
  • Scenario. A consistent view of what the future is likely to be.
  • Systematic study. Looking at relationships, attempting to attribute causes and effects, and drawing conclusions based on scientific evidence.
  • Business intelligence. Information that managers can use to make more effective strategic decisions.
  • Appreciative inquiry. An approach that seeks to identify the unique qualities and special strengths of an organization, which can then be built on to improve performance.
  • Breakeven analysis. A technique for identifying the point at which total revenue is just sufficient to cover total costs.
  • Capability. An organization's skill and ability in doing the work activities needed in its business.
  • Controlling. Management function that involves monitoring, comparing, and correcting work performance.
  • Controlling. Monitoring activities to ensure they are being accomplished as planned and correcting any significant deviations.
  • Control process. A three-step process of measuring actual performance, comparing actual performance against a standard, and taking managerial action to correct deviations or inadequate standards.
  • Core competency. An organization's major value-creating capability that determines its competitive weapons.
  • Organizational behavior. A field of study that investigates the impact individuals, groups, and structure have on behavior within organizations, for the purpose of applying such knowledge toward improving an organization's effectiveness.
  • Organizational effectiveness. A measure of how appropriate organizational goals are and how well those goals are being met.
  • Organizational performance. The accumulated results of all the organization's work activities.
  • Effectiveness. Doing the right things, or doing those work activities that will result in achieving goals.
  • Effectiveness. The degree to which an organization can achieve its ends at a low cost.
  • Efficiency. Doing things right, or getting the most output from the least amount of inputs.
  • Efficiency. The degree to which an organization meets the needs of its clientele or customers.
  • Graphic rating scale. An evaluation method in which the evaluator rates performance factors on an incremental scale.
  • Performance management system. Establishes performance standards used to evaluate employee performance.
  • Productivity. The amount of goods and services produced divided by the inputs needed to generate that output.
  • Productivity. The combination of the effectiveness and efficiency of an organization.
  • Qualitative forecasting. Forecasting that uses the judgment and opinions of knowledgeable individuals to predict outcomes.
  • Quantitative forecasting. Forecasting that applies a set of mathematical rules to a series of past data to predict outcomes.

The successor lecture is Enterprise Architecture Quarter.

Materials

Recorded audio

Recorded video

Live sessions

Texts and graphics

See also