Question

In: Physics

For data to be actionable and valuable to business professionals, it has to be clearly and...

For data to be actionable and valuable to business professionals, it has to be clearly and effectively communicated to the right stakeholders. Sharing data with the relevant people is often done via a verbal presentation, using data visualisations as an aid. There are a number of factors to consider when you are planning a presentation of your findings to a specific audience - you should determine the exact topic to report on, as well as the way you should report it. Consider, for example, how data presentation may differ if you are reporting to finance executives as opposed to human resource managers.

Discuss what factors you think need to be considered when it comes to presenting data to different target audiences or stakeholders. Consider the following questions to help guide your response:

  • To whom must you report which statistics?
  • What amount of detail is necessary for you to communicate the findings
  • Are there any industry-specific considerations?
  • Are there any business-role-specific considerations?  

Share your thoughts and insights with your peers on the class-wide forum, and include in your discussion any personal insights you have gained from your professional experience.

Solutions

Expert Solution

The factors that have to be considered while presenting the data are:

(1) The foremost part is that we should know our audience/stakeholders well, knowing what kind of field/topic they are most familiar can give an insight regarding how should you go about while showcasing and explaining your data to them.

(2) Knowing the audience will also help in taking a decision about what kind of data will be useful and make sense for them.

(3) The time limit you have for your presentation is also an important factors, as the audience/stakeholders have specific time constraints as they would be running from meeting to meetings and its important you convey your idea well when they have the time for you.

(4) The presentations will be having their own industry specific and role specific considerations as each of the industries and roles will have to present a data pretaining to a particular topic as important and should be presented.


Related Solutions

In business law, a contract consists in an actionable promise or promises. Every such promise involves...
In business law, a contract consists in an actionable promise or promises. Every such promise involves two parties, a promisor and promise, and an expression of a common intention and of expectation as to the act or forbearance promised. An agreement enforceable by law is a contract. Every promise and every set of promises, forming the consideration for each other, is an agreement. When the person to whom the proposal is made signifies his assent thereto, the proposal is said...
Why do many organizations have data that cannot be converted to actionable information? What are the...
Why do many organizations have data that cannot be converted to actionable information? What are the hurdles faced by firms that attempt to query transactional databases?
Why do many organizations have data that cannot be converted to actionable information? What are the...
Why do many organizations have data that cannot be converted to actionable information? What are the hurdles faced by firms that attempt to query transactional databases?
Techniques of business statistics are a valuable tool for the enhancement of business operations and success.
Write an essay of 1000+ words on the topic ‘Techniques of business statistics are a valuable tool for the enhancement of business operations and success.’    
Auditing is a valuable skill in accounting and business, as the odds are very high that...
Auditing is a valuable skill in accounting and business, as the odds are very high that you or your organization will be subject to a compliance, federal, IRS, internal, government, or revenue audit at one point in your career. Accountants are required to make professional judgments on both the financial accounting issues and internal accounting forecasts within their organization. The auditor must provide fair, unbiased, materially correct information for investors, employers, employees, and independent stakeholders. This course will help you...
Problem: Stored data is one of a company’s most valuable assets. If that data were to...
Problem: Stored data is one of a company’s most valuable assets. If that data were to be stolen, lost, or compromised so that it could not be accessed, the company could go out of business. Therefore, companies go to great lengths to protect their data. 1.) Working with classmates, research how the companies where you each work handle their backups. If you are unable to determine this information from the company where you work, contact another local company for information....
When an opportunity for business improvement is identified, and the requirements are clearly articulated, the Business...
When an opportunity for business improvement is identified, and the requirements are clearly articulated, the Business Architect in outlining a potential solution often has to decide between recommending to buy a solution from outside the business, or to build/develop the solution within the business itself. (The Build vs Buy dichotomy.) a) What are some reasons that would typically lead to a recommendation to build a solution within the business itself? b) What are some reasons that would typically lead to...
Many accounting professionals have argued that their job as an accountant has always incorporated data analytics....
Many accounting professionals have argued that their job as an accountant has always incorporated data analytics. Do you agree or disagree? Why? You are required to consider how the field of analytics has developed over time and whether accountants have actually been involved in analytics.
Identify what problems or shortcomings Honda has that you will make strategic recommendations with actionable steps?
Identify what problems or shortcomings Honda has that you will make strategic recommendations with actionable steps?
Two psychologists are studying the IQs of a group of business professionals. Let A be the...
Two psychologists are studying the IQs of a group of business professionals. Let A be the event that a professional's IQ is greater than 115, with P(A)=16%. Let B be the event that a professional's IQ is between 115 and 130, with P(B)=14%. The IQs of different professionals are independent events. What is the probability that two random professionals will be chosen and one of their IQs is greater than 115 and the other is between 115 and 130? Give...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT