Amy Lavin

  • Leave your response as a comment on this post by the beginning of class on May 30, 2016. Your response only needs to be about three or four sentences. These weekly questions should reinforce class discussions, […]

    • In information systems, we use decision trees when constructing databases. However, there are other uses for decision trees. One situation where a decision tree would be helpful would be to decide between two options. For example, say you want to go on vacation with your family, but you can’t decide between two destinations. You could make a decision tree based on the weather of that location (if it is going to rain at one location, do not go there; if it is not going to rain at the other location, choose that location), flight prices, hotel prices, amount of activities, etc. “Decision” trees can be extremely helpful when trying to “decide” on something.

    • Other than the Business world, they can be used pretty in everyday life situations. If one has a good experience with decision trees in the business world, they can then translate it to the real world, when problems or decisions arise and need to be made. Decision trees are helpful, not only because they are graphics that help you ‘see’ what you are thinking, but also because making a decision tree requires a systematic, documented thought process. Often, the biggest limitation of our decision making is that we can only select from the known alternatives. Decision trees help formalize the brainstorming process so we can identify more potential solutions. Applied in real life, At times decision trees can be very complex and end up including pages of options. But, regardless of the complexity, decision trees are all based on the same principles. And someone we good experience or an extensive background in decision trees from the business world can perfectly translate to the real world.

    • When you get two great job offer and not sure which one to pick. I think, we all would love to have a situation like this and use Decision Tree. It will make our lives much more easier.

    • In my opinion, I think that a decision tree can be helpful not only in business, but also in personal choices as well. Decision tree makes everything easier to be understood. It is also helpful for those people who don’t know how to make decision come to a better decision. Decision tree is also a great tool to plan out a study plan or daily schedule. It laid everything out and it helps you to make the best decision.

    • Decision trees can help people make positive choices regardless of the subject. For example, when choosing which college to attend you could use a decision tree to outline the perks and potential experience of multiple schools. Included in the decision tree could be distance from home and how that effects your life, tuition costs and student loan debt, is it a small school or big school, etc. By using the decision tree to outline the possibilities of multiple options, you can give yourself a view of which path is best for you. Having the ability to see what each path has in store allows us to make the best decisions possible.

    • Decision trees can be helpful in analyzing any situation that has several possible outcomes, and that has yes or no answers to arrive at each outcome. I can see a decision tree being very helpful at work if you have a job that involves a certain process. For example, say you worked as a Credit Analyst. If someone applies for credit, you could follow the branch corresponding to how much money they make, which might take you to what their credit score is, which might tell you whether or not to lend to that person. Or if you work as a customer service representative, you might be able to ask: can you help the customer, can you not help the customer, or can you direct the customer to someone else who can help them. If you can help them, you would follow the branches corresponding to what their problem is. If you can’t help them, the process ends there. I see a decision tree as being helpful in our everyday jobs if we can tailor it specifically to what we do.

    • Other than in information systems, I think decision trees can be used in supply chain management. After taking MSOM 3101 I learned that it is best to visualize a process. For example a decision tree can be used when trying to visualize the process in a distribution center. The decision tree will allow someone to see the different outcomes depending on the business rules of the distribution center. The decision tree will be able to answer questions like, is the item in stock? If so what happens next? and more. Some people can visualize this process in their heads, while others need to visualize it on paper. The decision tree helps with that.

    • A decision trees are useful tool utilized within the information systems field. They allow for individuals to pan out possible outcomes for an event/scenario and also calculate the costs of each possibility. But decision trees can also come to great use in other fields than just the information systems sector. An area that decision trees would be resourceful would be in comparing choosing a college major. Myself, as well as any other college students, struggle with declaring / sticking with a major based off of the difficulty, work load, time management, and overall enjoyment of choosing a major. By laying out the different factors (tuition costs between schools, average salary pay post graduation, amount of time study a week, course load, etc.) it may help for a student better analyze which major will best accommodate their personal and professional wants and need and allow for a major best suited for that individual to be chosen.

    • This may be hard to relate if you are not too technical, but this is what I thought of. I sometimes write programs for fun, and one of the tools that can be very beneficial for creating a good program is a decision tree. Decision trees help you to visualize all the possible different choices, and it helps you to keep track of options that are further down each branch. It may be hard to completely conceptualize all the different choices that can be made later if you have already made a choice. Decision trees keep track of all the information that you need in order to understand what you, or a software program, should do. So, decision trees are very helpful for writing programs, and I can see where this same use could be transferred to other areas of life where decisions nested under other decisions is very common.

    • Decision tress can be useful in many personal and professional situations. One example I could have seen a decision tree be helpful was when I was working at a golf club. There was not a lot of structure for the training of new employees and completing the day end task that needed to be done before closing the shop. Having a plan of tasks for new employees gives employees a sense of structure and knowledge of how to complete a job in a timely fashion. I know I learn faster when I have a physical schedule of what I need to do. A decision tree is a good way to explain the task at hand.

    • Decision trees can be very helpful in corporate life as well, particularly in terms of setting standard procedures for dealing with structured problems. For example, people who work at call centers for after-sales service can benefit a lot if they have been trained to deal with customer issues with a decision tree. They would be able to know where to start to approach customers with appropriate questions and decide on actions needed to be taken based on yes or no answers from customers. Since most low-skill jobs are still concerned with highly structured problems, companies can use decision trees as a useful and effective training tool to help establish standard practices and procedures.
      Furthermore, decision trees are also helpful in everyday life whenever we are faced with decisions to make. For example, a family planning on where to go for vacation can use decision trees to take into account factors such as weather, sufficient financial resources, distances, visa availability etc.

    • Zhu Li replied 3 days ago

      I think that decision trees could be a very useful good tool no matter in your career or in your daily life. Sometimes we usually have a fear of choice, for example, there are a lot of possibility or complex factors need to be integrated, if you don’t draw it out, you will not be able to have a clear thinking and making a decision. Decision trees make the things easier, draw it out can help with your logical thinking, organizing your data, it also a very good records for an event to restore in a hardware such as a laptop or smart phone. so I love this fancy tool very much.

    • I could see decision trees being used in a for Risk Management. Decision trees reduce the dangers a company might be exposed to if it settled on a moment’s decision without considering future consequences. A decision tree allows the company to take the time to think of multiple outcomes to a given situation and how to act or react accordingly. Since a company already outlined the possible consequences, facing risks become more manageable. The decision tree becomes a tool you can use to prepare for the risk.

    • Quality assurance is important in business to business relationships. This is evident in the requirement of having an ISO 9001 certification (standard of quality management system) from an accredited organization, and policy and procedure are the back bone of quality management systems. Standard operating procedures or standard administrative procedures are a great place to employee decision trees to ensure consistent results when faced with specific decisions.

    • I think that the a decision tree can be used in lot of different situations in your life, business, school, ect. Maybe you got accepted to three colleges and you aren’t sure which is the right one for you. You can draw out a decision tree and list the possible outcomes. Maybe if you went to NYC then you will study drama and become an actress but if you decide to go to Temple you will study business and become entrepreneur.

  • Leave your response as a comment on this post by the beginning of class on May 23, 2016. Your response only needs to be about three or four sentences. These weekly questions should reinforce class discussions, […]

    • Of the many facts stated throughout the video, one in particular that I found very interesting was that 25% of China’s population with the highest IQs, is greater than the total population of North America. I find that interesting because the difference in population between these two countries is so drastic that just 25% of Chinas population with high IQ’s, can overcome the entire population in the United States. This fact really emphasizes the variance of population density in China compared to other less populated countries, even the United States. There are many skills that are essential for success in the workplace, but hard work, perseverance, integrity, creativity, good communication and analytical skills, the ability to multi-task and a general comfort with technology are all some of the essential skills necessary for success in the digital economy.

    • I find the most interesting fact in the video to be that, for the first time, we have four generations working side by side who are all used to communicating in different ways, be it snail mail, phone call, email, or text message. While this is not news to any of us, I think it helps shed light on one of the biggest issues in the workplace. Even though all generations might have been trained in the same knowledge from our field of study, we learned it and communicate it using different technologies. Therefore I think adaptability is an essential skill needed to succeed in the ever-changing world of technology.

    • All of the facts presented in this video were really interesting and intriguing, but the one that I found the most interesting was that 1 in 6 couples married last year met online. As a current/future business leader, skills that are essential for being successful in the digital economy is being able to use platforms and manage these platforms digitally. By using platforms (Instagram, Facebook, Twitter, Snapchat, LinkedIn, etc.) a business leader can choose to target a certain audience and link their own platform in with the other platforms. Example: Tinder allows a user to link up their Facebook profile to help manage their dating profile. By utilizing what is already there and available, this teamwork mentality allows for the success of this particular dating platform, if we chose to tie it in with the interesting face in the video that I found so interesting.

    • It’s pretty crazy that there over 1,000 people like me in other countries and even in the United States. China definitely has an advantage since there are a bunch of more people there than there is in the United States so that’s why they have an advantage over us. Social media accounts are essential for having a digital economy because everyone uses sites such as Instagram, Facebook, Twitter, Foursquare, Pinterest etc. Navigating sites like these are essential skills in getting an advantage over other competitors. These social media accounts provide growth and feedback from their customers to see what a company can do to improve. For example, Nordstrom uses Foursquare where customers can check in and if a certain amount of customers check in then Nordstrom gives them promotions in which they can use to buy anything in the store. Nordstrom makes all there sales from using methods like these.

    • What struck me most interesting in this video is the fact that 10 years ago all the top in-demand jobs barely even existed. Now all the jobs that are in-demand require knowledge of technology. We don’t think about how important technology has become to our everyday life. The way we communicate, work, share information, date, ect. People are no longer writing personalize letter. We can send a quick E-mail and the messages will be received within seconds. Social media has allowed us to read and share news at the click of a button. Technology has become an essential part of all our lives and as future business leaders we have to keep up with the ever-changing trends. Take advantage of opportunities to learn new technology. In order to succeed you have to be proactive in this digital world we live in.

    • In my personal opinion, I believe that the most interesting fact that was presented was that only 34 years after the first mobile phone call took place, Apple launched the very first iPhone. This fact shows how quickly technology is constantly changing and improving. It has now been almost 44 years since the very first phone call took place and over 2 billion people are currently using smartphones.
      The ability to adapt to new technology is a vital tool that we as future business leaders needs to acquire because of the rapid rate that new and better technological products are being produced.

    • A fact that stood out to me was that a weeks worth of the New York Times contains more information than a person from the 18th century would be exposed to in a lifetime. This fact goes to show how significant the information age has become in the world we live in today. It has never been easier to access information from a variety of different sources and media outlets, especially with how impactful and widespread technology has become.
      In todays current economy it is essential for business people to be technologically savvy as well as being up to date on new products and services that are being created every day. Keeping up with the fast-paced business world is key for people who want to succeed in todays digital economy.

    • What I found most interesting about the video was that by 2020 there will be 75 billion devices that will be connected to the internet. I also thought it was interesting that China and India have more honors children than we have children in the US.
      What I think will be import to as a future business leader to understand that, right now we aren’t able to market to everyone around the world, but that in three years there will be 75 billion devices connected to the internet that means we can have the ability to sell to people in the next few years.

    • The fact most attract me is: “1 out of 6 couples married in the U.S. last year met online”. The Internet almost connects you to all the countries all over the world. The only thing you need to do is sitting in front of your desktop or laptop, or just use your smartphone to make a new friend from thousands and thousands of miles away. “10 million self-Driving cars will be on the road by 2020” which also indicate that technology will cause people getting lazy and lazy. Like one science fiction mentioned, the human being will become a shape with a bigger head, smaller body and shorter limbs in the future. This evolve will become true.

    • One fact that I found the most interesting was that 1 in 6 couples married last year met online. As a future businessman, skills that are essential for being successful in the digital economy is being able to use platforms and manage these platforms digitally. The Internet has advanced at such a rapid pace that we can talk, see and experience news and people from around the world anytime and anywhere we want. The only thing you need to do is operate a smartphone or a desktop, to interact and draw attention from individuals. Being tech-savvy would make you a great asset to your future employers as technology has been known to help businesses save money and work more efficiently.

    • The fact that I find very fascinating is that half of what students learn in their first year of a college degree will be outdated by their third year of study. This fact shows how quickly everything changes and how significant the information age has become in the world we live today. The digital economy is one of the most dynamic fields. For a future business leader, continuous learning is an essential skill. The fact that what we learned gets outdated so quickly shows that we need to constantly educate ourselves to be efficient and productive. Predictions that by 2049 a $1,000 computer will exceed the computation capabilities of the entire human species is just unbelievable.

    • I found all the data information in this video interesting and worth noting. We are aware that foreign countries such as India and China are advancing at a much faster rate than America. Importance is placed in education and technology, which are the main means to success and advancement. Date can provide useful information to not only business majors but also consumers in general. Businesses can use data to create products and/or build foreign plants for profits and to build loyal customers.

    • The most interesting fact from the video was that by the year 2050 our population is projected to reach 10 billion compared to the 7.3 billion people that we are currently at right now. This means there will be an abundance of consumers that will need to be targeted. Addressing those needs will need to be done in the most efficient and cost effective way possible. Data mining and analytics is the best way to do this, meaning the demand for business minded data analysts and architects will only increase.

    • The fact that I found the most interesting was that 25% of China’s highest IQ is more than the entire of population of North America. The video eventually deduced this fact to, all of China’s honor students are more the amount of kids in North America. I find this interesting because it really puts into perspective how important it is to be competitive, especially in a global market with so many competitors on the table now. Skills that I find to be important in the digital economy is adaptability and work ethic. Adaptability because in the digital economy, things are changing all of the time so you need to be to adapt to these constant changes. And work ethic because I feel that someone needs to set themselves apart from everyone else and this is through work ethic.

    • In my opinion, the fact that I found most interesting in this video is that we’ve four generations who grew up with different communicating ways working side by side. It is amazing as the elder generations have to have high adapting skills and also a fast learner to stay up to date with the constant growth and improvement of programs that improve the productivity of the business. As current or future business leaders, the skills that I think are essential for success in the digital economy is being open minded to learn and accept the new technologies.

    • Like many others have already stated, there are numerous interesting facts. I picked one that pertained to me pretty closely. 1 out of 6 couples married in the US last year met online. I met my fiance online and it really makes me think that Information Systems are only growing in importance. Based on information that my fiance and I “put out there” on a dating website we were matched. Somehow, somewhere for some weird reason the things we like to do brought us together…because of Information Systems. I would really like to know the algorithms that went into that. It makes my think that there are some crazy Google Analytics like technologies for that brought us together. Again, numerous interesting facts in that clip.

    • I think the most interesting fact was that “Predictions are that by 2049 a $1,000 computer will exceed the computation capabilities of the entire human species”. I believe that development in technology will have a large impact on the global workforce (especially in with the progression of artificial intelligence). As an accounting major I have an interest of the effect technology will have with tracking business information and data.

    • I found the facts posted in the video to all be relevant and intregeing. One that stands out is the education received in year 1 will be outdated by year 3. It confirms the notion that we need to always be learning and looking for ways to improve. Data helps us do exactly this exactly… learn and improve. The collection of data in some ways is like history. “Those who don’t learn it are doomed to repeat it.” Companies today are data driven. Success is based on metrics or the story the data is telling. This is the basis for ERP, CRM, and SCM systems. These systems add great value to organizations.

    • I thought the most interesting fact was that a week’s worth of NY Times contains more information than an 18th century person would come across in his or her lifetime. I find this fact to be interesting because it tells me that our generation is in a position to utilize this information to create even more advances, while at the same time, to a certain extent, explaining why our attention span is in fact decreasing ( I think adaptability, flexibility, and creativity will be essential for success in the digital economy, as new technologies and information will without a doubt reshape our reality at a faster pace than ever before.

    • The fact that interested me the most was that “today’s learner will have 10-14 jobs by the age of 38”. I find this interesting because it is understandable that at a young age you may bounce from job to job. However, it seems that people in the previous generations only changed jobs a very few times once they found a career. I think this shows that with a more technologically advance society there is more variety and opportunity for workers. For a business leader to be successful in a digital economy the most important skills are having good communication, being able to adapt, and to understand or be willing to learn the modern technology. Technology is constantly changing and I know many older people who simply don’t want to keep up with it, leaving them at a huge disadvantage business wise.

    • I was shocked when I saw this video because some facts are reflected in the data. The population of world is rising so fast in these years ,and people is the most important resource of a country because people create all of things in our life. In addition, I was surprised about how quickly the technology is developing in the world. For example, We know more than 2 billion people have a smartphone now, and 10 million self-drive cars will be on the road by 2020.

    • Today is a informantion wxplode age. There are a lot of new things created by human. The amount of new technical information is doubling every 2 years. In other word, everyone can’t stop learn new things every day. But there is also a problem, too much things for us to learn. So we need to select the most useful and important thing. Every one is a normal people, even you are one of a million, there are still 7 thousand people just like you. So we should keep learning and impove ourself in every minutes.

    • The fact that shocked me the most was that half of what students learn in the first year of a four year college degree would be outdated by their third year of study. This makes me wonder why I should pursue a degree if the information that I’m learning will be useless in a few years. I believe that the four year college model has become outdated, and this statistic supports that. It also doesn’t make sense to me why people have to take classes in all sorts of departments that don’t align with a student’s major or career path. It would make more sense for a student to apply for internships in the field in which he or she is interested in so the student can learn technical skills specific to that industry. Instead, the modern student is forced to face a conglomerate of debt inducing electives and gen eds that do not further a student’s technical or interpersonal skills whatsoever.

    • The fact that stood out to me was that technological advances double every two years. I knew that when it came to technical information that it was always on the rise but not that fast. The fact that half of the information we learned in the first two years of college will be outdated by our third year. What everyone should take away from this video is that and the fact that we need to take initiative to keep ourselves up to date when it comes to current events. For example so much information can come from something such as the news paper, as well as online resources that previous generations weren’t open to. Instead of sitting back and letting the times change, change with the times.

    • Although there were many interesting facts in this video, the one I found most interesting is that we are currently preparing students for jobs that don’t exist yet, to use technologies that haven’t been invented yet, and to solve problems that are not yet problems. It is amazing how we can predict what is going to happen in the near future and say that we will be prepared to solve problems that we don’t know are problems yet. Not long ago, this kind of thinking did not exist. To be successful in the digital economy, one needs to be highly technologically skilled. Technology is taking over businesses and is only getting more advanced. Along with this, I think adaptability is another important skill to have. As I said before, technology is becoming more and more advanced and one needs to be able to adapt to different technologies, programs, and environments in order to be successful.

    • I found most interesting in this video as to how many jobs the average person now will have 10-14 jobs by the age of 38. I was always told that it is normal to go through like 7 different jobs throughout a lifetime, but I now believe from this video with the way technology is advancing and so rapidly this opens far more opportunities for job seekers to try out to figure out what they like. I feel for businesses and industries to be able to adapt to these changes they have to be able to continue to seek education on every technology advancement as they come out in order to stay ahead. The video even stated when students are in college, by their third year there is already knew information from what they had learned. The same has to go for businesses, they must continue to learn and keep up with anything knew in technology and be able to have a culture that can quickly adapt to these changes in order to stay ahead!

    • The fact that I found most interesting was about the differences in population growth rates in the United States vs. China and India. The fact that they have more honor students than we have students. Despite this, most people in the US still are under the illusion of being the number one economy in the world. Over the next few decades there will be massive effects from the growth rates in the populations as well as the economies of these countries and the United States will dwarf china and India in comparison. The key will be finding environmental and economically sustainable solutions to support that many new high impact consumers in the coming years.

    • Everything in this word is always changing especially technology, population, and medicine. The fact that I found most interesting is how technology is changing constantly and if it is not kept up with, one will fall behind and lose the ability of the connection they once had with technology. Also, technology can literally be the access to find whatever you are looking for and there are solutions to problems that are more faster and efficient. As a future business leader, the skills that I think are essential for success in the digital economy is keeping up with the change and learning new ideas and skills that will further my knowledge to be a successful in business.

    • The fact that I found most interesting was that for students who are starting a 4 year college degree half of what they learn in their first year of study will be outdated by their third year of study. This shows how fast technology is changing and how much more new information is coming about each year. A way for students like myself to combat this issue is to keep studying and reading even when we finish our degree of choice. Luckily, as a student at Temple University, I am offered many different ways to learn new things and receive various certifications through tuportal. It’s extremely important for people to keep up to date on new technology and to stay informed with what’s going on in the world. In order to be successful in business, individuals must use the resources offered at Temple or their university and also read; professional articles, magazines, and newspapers.

    • The fact I found most interesting in this video was how school systems and universities are currently preparing their students for jobs that do not yet exist. I found this interesting because this era may be the first in history with unknown job outlooks for the future. The innovation of technology is still so unknown that we cannot specifically prepare our younger individuals for workforce jobs. This is why technological skills are imperative for success in the digital economy. All generations need to be preparing for the future by learning new technologies. It is inevitable that technology is the future and that is the most important skill to master right now.

    • Throughout this video there are multiple facts in which I almost could not believe. The part I thought was most interesting was the section about just how big Facebook truly is. The first fact about Facebook is that there are 1.55 billion daily users. That is incredible and it shows just how useful Facebook can be when you need to network or get in touch with individuals. The video went on to say if Facebook were a country it would be the largest in the entire world. It would be bigger than China, India, and the US which was mind-blowing for me. Facebook now has 4.5 billion likes per day, which is over a trillion like per year! Facebook has accomplished all this in only 13 years, it was started in 2004. To me these facts show just how the world is truly turning into a technology based community.

    • What surprised me the most was the fact that stated the “the amount of technical information is doubling every 2 years.” The amount of cumulative change will eventually be unsurmountable for a student completing her bachelors degree. The hasty development of the industry will require new professionals and thinkers to maintain a balanced workforce. As a business student we always have to adapt and learn new things to keep up to date to further my knowledge and be successful in the business environment.

    • The video and all the facts listed were very interesting. The fact the 1 in 6 couples married last year met online was not surprising, but very interesting. I remember being told not to meet people from online. Now it is normal to meet people from online. Even our classes are given online. Technology is quickly evolving and the information that we are able to receive at our fingertips. While I didn’t meet a spouse online I have met very many good friends that I have been friends with for years since, The internet and online social media platforms such as Facebook connect billions of people daily. What is surprising is that the video says that we should have about 10 million self driving cars on the road by 2020. We are now halfway through 2017. While I think it is a possibility, I would be very surprised to see that many self driving cars on the road in less than 3 years. While we have seen technology do many things, that would surprise me.

    • I felt the most interesting part of the video would be showing the age demographic all are working together, but communicating in various ways. This can potentially become an obstacle due to how quickly technology is changing, causing different communication techniques done by different age groups. Employers should be looking at how quickly a candidate can adapt to the fast-changing technology we have in place today.

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  • Leave your response as a comment on this post by 11:59PM on March 5, 2017.  Your response only needs to be about three or four sentences. These weekly questions should reinforce class discussions, readings and sh […]

  • Leave your response as a comment on this post by 11:59PM on March 5, 2017.  Your response only needs to be about three or four sentences. These weekly questions should reinforce class discussions, readings and sh […]

    • I believe in the future Artificial Intelligence will have the biggest impact on my field. Cloud computing and platforms are already being utilized in a way where future, bigger, utilization of it will not be surprising and is actually expected. However, since Artificial Intelligence is still so new to the field, i believe switching over to fully automated businesses and communicating business through artificial intelligence will prove to be more efficient and easier while simultaneously posing new problems for the older generations in business.

    • Artificial Intelligence will by far have the most impact on my future career. Organizations can use it to more accurately predict forecasts, market shifts, customer attitudes, and infinite other things. It will eventually replace the need for almost all human employees, which will cause a shift in economic value of money down the line

    • Of the topics discussed, I see the platforms having the biggest impact on my career. In accounting we use different software types/packages to help our clients, and these software programs change all the time. I think there will be a greater effort to create software that will simplify the accounting platform, so tasks are easier and quicker to complete. I don’t think a robot will be replacing my job anytime soon, but I do see other positions becoming more computerized(fast-food restaurants). As a whole I foresee simplified software for companies that will speed up workloads, and provide quicker profits for companies. I think a lot of this will involve cloud computing as well, because the information stored for clients is easier and more cost effectively stored on the cloud software.

    • I believe cloud computing will have the biggest impact on my future career. Currently, I use cloud computing a lot to collaborate with bloggers on my blog ( I love the availability, simplicity, and collaboration that services such as Google Docs and Google Sheets provide. In the future, I see myself continuing to utilize these services in my personal and professional life as they grow and I find new ways to take advantage of them.

    • I think that artificial intelligence will have the biggest impact on my career. Different things are invented every day and as a society, we are learning to be so much more innovative. We are becoming much more reliant on technology which is causing us to be much more lazy. Its kind of sad yet interesting at the same time to think that in the future technology dependence is going to be that much more apparent. I’m sure that due to the intelligence increase of these things, I will be working quite frequently with such aspects.

    • Artificial Intelligence will have a huge impact on a lot of people’s careers. The reason companies want to use Artificial Intelligence is to make a profit, and what better way to increase profit than to fire your employees and have machines do the work. If you think about it, not only do they not have to pay salaries to machines, but they do not need to pay benefits as well. This will save companies a huge amount of money. If a machine can do all of the functions of a job, why not have them complete that job instead of an actual person? Artificial Intelligence is something that we really need to continue to keep a close eye on.

    • Out of all the three topics discussed, I definitely believe that artificial intelligence will be making the largest impact on business organizations and the world in general. I can see AI being utilized in the future as a way for businesses to gain competitive advantage in sectors such as customer service satisfaction, manufacturing, and research (just to name a few). If artificial intelligence is perfected, and it becomes almost indistinguishable to human interaction – one example that comes to mind is if an AI existed that could be used as an automotive phone service that would serve as a customer service provider, If AI were to be so intelligent, faster, and more efficient than human counter parts, however, at the same time carry a tone of human likeliness – it most likely could be used to provide quicker and faster solutions to customers, as well as probably cut operational costs. In the world of AI the possibilities are endless!

    • I think that artificial intelligence will have the largest impact in both my personal and professional life. For instance, one type of AI is self driving cars. As a risk major, this is very important. Currently, auto insurance is one of the biggest revenue drivers in a lot of large insurance carriers. However, with the emergence of self-driving cars, the necessity for auto insurance could decrease as self driving cars become more advanced. Many have argued that in no way could a self driving car accident be blamed on the driver (or their insurance provider), meaning the auto maker would be responsible for the much decreased likelihood of an accident. This would negate the necessity of auto insurance.

    • I think cloud computing think will have the biggest impact on my future career. Insurance is always viewed as being in the dark ages with technology, it just is ha! This past summer I witnessed the company I was interning for invest huge amounts into cloud on-boarding and witnessed the same thing with my winter Co-op. The cloud computing and database storage is becoming a more useful tool because it’s accessible anywhere and can be shared easily. Allowing more real time interactions and business information to used/shared, thus giving companies a more competitive edge.

    • I believe that artificial intelligence will have the biggest impact on my future career. I think that this will effect business in so many ways that we cannot even begin to imagine. AI may take over some of our human jobs, and make things become more productive. Technology will change so much therefore changing business and our economics.

    • While all three will change the dynamic of my future career, I believe cloud computing has major implications for me. As an international business major, I understand how important it will be to collaborate with other stakeholders around the world. Before cloud computing, there were many barriers to doing international business because of language differences, time zones, and delayed communications. Cloud computing eliminates these cross-cultural barriers that we once encountered with traditional databases by allowing everyone to work in realtime. I think the challenge will be reconfiguring the business models of all the businesses who are moving to cloud based systems.

    • I think that cloud computing will have the biggest impact on my future career. Working is customer support I cannot see AI being able to handle irate customers, but the ability to share knowledge instantly in the cloud is paramount. Being able to send slide shows, presentations, customer data, customer discrepancies to the field and technical reps will help organizations in serving the customer better. Also, having that data available on the cloud to be analyzed will promote efficiency. It can be pulled anytime and instantly and you won’t have to shut an office down while they compile the data as in the past.

    • Because I work in higher education I do not think my organization could use technology to gain a competitive advantage in the marketplace for a long period of time. Schools are competing for the same population, and the leverage that one school has over another would be short lived until the next innovation comes along. I think all colleges use some form of cloud computing, because it would be too costly to build their own platform. I think Artificial Intelligence may be able to teach classes, conduct business processes, and analyze data, but when it comes to dealing with students with personal issues a human touch is required.

    • Artificial intelligence is absolutely on its way to making the largest impact on organizations in the business world. Businesses could use the advantages of AI in many ways such as eliminating human employees and having machines do the work. I currently work for Wawa and would not be very surprised if the cashiering portion of my job became obsolete. There was a fast food establishment in my old neighborhood that had screens at their deli, just like Wawa, but you were able to pay at the screen instead of taking your slip up to a cashier.

    • When referring to my present success and present career, I would say that cloud computing and platforms are what have the biggest impact on my job. Every day my organization uses cloud based computing. It allows us to store data, work remotely and have on demand access to all of our files. I use platforms such as Amazon to purchase many last minute items needed for specialty events. However it is hard to ignore, especially after learning more in this class, the fact that AI will have the largest impact on organizations in the future. Business can use AI to compute the quickest and most efficient way to get products in consumers hands. It can also evaluate unstructured data better than any human ever could. Hopefuly business will use this leverage for the greater good of human kind and not get overtaken by ASI.

    • This is a very hard choice but in the long run the greatest impact will be in my opinion artificial intelligent. As fast as the clock ticks, we are creating smarter and smarter computer systems that can and will out think and out do us. They do not need sleep/rest to run at optimum capacity. There will be a time that we will look back and say how did we allow this to go so far but for now, it can create items faster and in time, less expensive after the initial investment. One command can tell us information in record time with speeds even as fast as light. It is the future even if some of us are not ready or willing…

    • I cannot chose one individually however, as a student I believe I utilized cloud computing and platforms more and feel this will have the greatest impact. I appreciate cloud computing many advantages such as simplicity and ability to work with other programs such as google docs which is a lot different than what I grew up using. Platforms however, are used a lot in my career in the financial industry so its much easier to understand and appreciate its significance.

    • I would say platforms will continue to be the most important of the three for my career. Being in real estate and residential management we need to continue to utilize and take advantage of how social media leads the line with users and online traffic. It is a great way to get your name and brand out there with such a large audience without breaking the bank in advertising costs.

    • I’d say cloud computing for both questions. The 40 hour work week is gone because of this, employees can access the company database, their CRMs, their ERPs, their SCM, anything from anywhere as long as there is an internet connect. I already work remotely where ever I go as long as I have wifi. When I first started in sales in 07′ I could only access my company information and files if I was at the office. 10 years later I can access everything on my cellphone. Cloud Computer allows the entire company to be remote and also allows their customers to possible access a customer portal as well. This allows the customer to buy more stuff when they want to. The sky is the limit with the cloud! 🙂

    • Speaking from experience now, cloud based computing is something I use in multiple ways everyday. My company uses Quickbooks Online, Dynascape Manage 360, and Zoho CRM, all of which store information in the cloud. I am putting and retrieving information from these systems every single day. I also process our payroll through ADP, which is also cloud based. These systems make my job so much easier and help store all of the information I need in one place. The issue comes when our internet or the system goes down. I have had a few separate occasions where I have been unable to access information because I was unable to access the cloud.

    • As a student graduating in August, I feel could computing will have the biggest impact on my future career directly after graduation. Though I do believe that AI will eventually have a large impact as well. As I speak to others in my field I find many companies are already suing many cloud computing models such as salesforce. Even in our academic careers, cloud computing is becoming huge. For instance, as an online student, I frequently use google docs when I have a group assignment, allowing all of us to work on a document simultaneously. As far as competitive advantage, a cloud computing system dramatically increases the functionality of a supply chain and can improve the just in time calculations necessary for a business to be successful.

    • All three categories are important factors to the current and future operations for business worldwide. I am starting my own business catering the “experience” of a particular hobby/passion. I feel that cloud computing would best serve for the overall health of my business than the other two options, although AI is always a nice addition to any organization. Artificial Intelligence is a sure way for companies to gain possible competitive advantages over other businesses. With technological advances leaping forward every couple of years, AI gives businesses the present and future competitive edge to maintain their relevance among each other.

    • I think of the three, cloud computing will have the biggest impact on my future career. It is already making my job easier and as it advances I feel certain programs will become even more innovated. Platforms would run a close second, if not an even win. I also feel that as there are more and more new platforms pop up, they will motivate each other to make new and improved changes that will help support my future career path.

    • Artificial Intelligence will play a major role in most people’s careers. Most organizations will be trying to use A.I. in its many different ever expanding capacities to increase efficiency, reduce costs (especially labor) and this will have an impact to some extent in almost every field. This will eventually change the way most aspects of our economy function, therefore the concepts of careers and earning money as we know them present day will probably be dramatically altered by the time I am maybe retiring in 40 years.

    • I believe that platforms will play a major role in the healthcare field. It creates a better and more organized way to keep track of a patient’s history, creates less room for error and increase tracking policy compliance. We would be able to create a better visual to insurance companies that will help generate the cost of care and the outcome of the care in a way that a healthcare provider would not be able to do. It can help to keep the financial records of patients up-to-date and reduce the data error as well.

    • I think Artificial Intelligence will have the biggest influence over all careers. I had no idea how close we were to actually having ASI, and I do think it’s a bit unsettling to think in my lifetime we will see the rise of such a robotic era. While Artificial Intelligence is still under the control of humans, it provides leverage for almost all companies to benefit from. Simple AI features are found right in our phones and even non-business users are interacting with AI. On a larger scale, companies with the most resources will be able to benefit most from AI because technology does not come cheap! The companies who have the capital to spend on advancing their technology we gain the competitive advantage in the marketplace.

    • In my opinion, I think cloud computing will have the biggest impact in my future career since it has already played an important role of my life and made my jobs or studies much convenient than ever before. I got my back up plans on cloud and don’t have to worry if any troubles happen. And especially cloud computing allows me to work anywhere and whenever I want with the connection of Internet, which is very flexible

  • Leave your response as a comment on this post by the beginning of class on February 28, 2017.  Your response only needs to be about three or four sentences. These weekly questions should reinforce class d […]

  • Leave your response as a comment on this post by the beginning of class on February 28, 2017.  Your response only needs to be about three or four sentences. These weekly questions should reinforce class d […]

    • While CRM and SCM are both valuable to organizations, I would argue that CRM is more important. CRM systems work to increase profit and produce a greater volume of sales through improving customer relationships. Without the improved relationships and the brand loyalty that CRM’s create, organizations would not have the revenue to implement SCM systems. CRM’s are better for a company to make their initial investment in, which to me means that they are fundamentally more important to an organization.

    • I see CRM and SCM as both necessary and beneficial to a business. CRM is important because it manages the current and future relationships of customers, and builds strong ongoing relationships with its customers and therefore keeps the customers interested in the business and products/services provided. However, without SCM which makes sure that the business has the material, information, and financial resources to create products/services, their would be nothing to build the customer relationship upon. So to me they are both equally important, two separate strategies that work together to maximize efficiency of one organization.

    • Even though SCM and CRM are both important for organizations, I believe that CRM is more important. CRM is the most important system in a business, because in order for a business to exist it needs customers. If a business did not have customers, it would not be in need of SCM because they would be out of business. By being able to know you customers, what thy like and what items they have previously looked at/ purchased, companies are able to reach out to them and see if they are still interested in there products which can increase sales and increase the need of the supply chain.

    • Both are very valuable to an organizations success. It’s hard to pick one because I feel that it depends on what your business focuses on in order to figure out which is more important to a company. Manufactures probably value SCM systems and SaaS providers probably value CRMs. I have met many sales directors for large household name manufactures and they do not have CRMs. Their field sales reps use spreadsheets, but they would be out of business without a SCM system in place. My company, a teleservices provider, I couldn’t do my job properly without a CRM system, but a SCM system to us is unless. So its all about what you do which determines which is more valuable. Sorry I couldn’t pick one.

    • I am in agreement that both systems are important, but believe CRMs would be the better choice for the organization to choose. CRMs provide many implications which are needed by organizations, and is a good way of giving companies information about the customer. The CRM system helps companies manage not only current relationships, but also future ones, and also provides reliability to customers which intern keeps customers interested in staying with the company. Overall the CRM system is a better choice, because of its reliability in our current workforce.

    • I believe that both systems are important and helpful in making a company be successful. I think that a company should not just chose one system to use. I think it is necessary for a company to utilize both. SCM is important in order to make sure your inventory and operations are running smoothly, without that you may not even have the products to provide for the customers. Without CRM, selling the products/services would not go as well, and customers could choose to go elsewhere. Therefore, I would say both are equally important in running a smooth organization.

    • I think CRM is more important to an organization because customers are the reason a business continues to function.
      Customer relationships are an Elevel concern for all major industries – it’s a shared problem that everyone trying to earn a profit has. Customer data can show economoic forecasting and influence the year ahead for a company. Without collecting accurate customer information, departments cannot understand their high level daily tasks individually, yet alone company wide. Customer data provides long and short term data that can shape a company and all of it’s operations drastically.

    • I don’t know if one is more important than the other but I agree they are both important to the success of an organization. A CRM is a vital business investment as it is used for generating and maintaining sales which is usually what makes everything else in an organization possible. Recording and storing all information related to customer interactions will help increase company profits. Supply Chain Management strategies enable companies to ensure the business has the material information and financial resources it needs to produce quality goods and services timely. CRM ensures the parts and services get to the customers when needed. I do not see how you can have one without the other. If there is no customer demand then you would not have a need for a SCM System but also if you can not get your goods and services to the customer to meet the demand on time, you customer will no longer turn to you for a solution.

    • Both CRM and SCM are important, it depends on the company itself of which one is more important to its business function and needed outcomes. Most companies will work with a CRM system because they will need to know and collect information on their customer to better service them both today and in the future. This system allows companies a sneak peak of what the future customers needs are and hopefully be on top of the direction it may have. If you are a manufacturer and or supplier a SCM may be more important so you can meet the demands of customers needs and insure adequate inventory of supplies and delivery times.

    • I believe that CRM and SCM are both important to an organization. CRM helps an organization increase sales and profit by data collection and offering better customer service based on their information that they gathered. While CRM focuses on relationships with the customers, SCM helps an organization run the business without a hitch by fulfilling demand using several types of strategies such as demand planning and forecasting, distribution planning, production planning, and inventory & safety stock planning. In conclusion, neither CRM nor SCM are less important to an organization. Both systems help an organization maximize efficiency and profitability.

    • Because the two provide very different benefits to an organization, it is difficult to say that one is more important than the other. SCM is important in making sure that your organization is running logistics efficiently while CRM focuses on maintaining and building the best possible relationships with your customers.

      I think there are many organizations that could reap the benefits of both systems, however from industry to industry, if given the choice, certain organizations would probably prefer one over the other. Business-to-business models would probably prefer an SCM system since it allows better management of suppliers, manufacturers, distributors, and partners. Business-to-customer models would prefer a CRM system since its main objective is dealing with the customer.

    • I think that it is difficult to determine whether a CRM is more important then SCM and vice versa. It depends on what the business is. In fracturing I could argue that SCM is more important because without parts being on time, then you cannot build your products. In customer support and sales, I could see the CRM being more important.

    • Both systems are extremely important to a business. They go hand in hand, but perform distinct roles. It shouldn’t be a case of one vs the other- you need supply to attract customers, but if you don’t manage the relationship between the business and customer properly, the business will suffer.

    • SCM’s and CRM’s are both crucial to organizations on all fronts. Where an SCM will focus on hard processes of a business (i.e. “manufacturing and distribution”), a CRM will cater to the customer relationships. In this respect, I believe the CRM to be the backbone of the two. Customer satisfaction is crucial for any and all businesses today. Without genuine consumer rapport, a company and it’s mission goals simply can not be achieved.

    • I would argue that the importance of SCM versus CRM depends on the type of organization. If the organization is a visible and customer-facing organization with lots of clients and few moving parts, then of course a CRM would be more important. An example of this type of organization would be a financial services company. On the other hand, if the organization is a less visible organization with fewer clients and very many moving parts, then a SCM would be vastly more significant. An example of this type of organization would be a paper mill. Overall, I would say both SCM and CRM systems are both extremely valuable to businesses, but the question of which one is more important definitely depends on the type of organization.

    • Both are very important systems to be used within a business, but I will argue that a CRM is more important. Customer Relationship Management refers to a process that focuses on identifying, maintaining, establishing and growing long term relationships with a customer. This forms a bond between a customer and it’s business. In every business, the customer is one of the most important aspects to actually making money. You might be able to have an amazing product, but without that relationship with the customer, growth is limited.

    • A CRM system is more important to an organization because if you don’t manage your relationship with current and possible future customers, it doesn’t matter if you have a good SCM system. You have to know who your targeted audience is in order to accommodate their needs, and to anticipate what they may want next in order to drive sales growth. In addition, you also have to make sure that you’re not focused on just one group. You don’t want some of your customers to become disenfranchised with your company, if you’re not supplying their needs as well.

    • CRM systems are definitely more near and dear to my heart! The customer experience will always be my main focus as an employee and a citizen. Improving the customer experience through CRM systems doesn’t just enhance that moment in the customer’s life, CRMs can lead to infinite moments of happiness. When most consumers seek out a service or product they are expecting a need to be met, questions to be answered, and for the person helping them to have genuine behaviors. The only thing that truly sets competitors apart from each other is their ability to provide an experience that customers are willing to take part in. If one competitor is using a CRM to pinpoint the needs of their target market they, would definitely have the advantage.

    • The CRM and the SCM are both very important systems for an organization. It is hard to say which is more important. This would depend on the nature of the business. It may be more necessary for a very large manufacturing company to have the SCM over the CRM if they had to choose one. Whereas, a smaller organization may benefit more from the CRM system over the SCM system.

    • Though I think in some situations both are equally important, I also think it depends on the business. Overall, SCM is very important to all businesses. It is important to consider if your products are not produced and available, customers are still directly affected. Many times if it is unavailable or on back order, they will go to another business to get what they need. SCM is an integral part of making a profit for the company but also making sure the customers are satisfied with their entire experience with your company.

    • CRM is important because it aids in current customer relationships and future. It manages and builds those relationships to keep the customer coming back. This makes CRM more important because without customers, what is a business? Businesses cannot survive without customers.

    • Both SCM and CRM are important for a business to run. A SCM helps maintain the business aspect while CRM focuses on the customer relationship. It is vastly important to have both but i believe that CRM is what helps drives a business to do more. If a company has satisfied customer and are able to have loyal customers, it will drive the business to do more. I believe that both are equally as important. You need to have a good supply chain in order to draw in your customer but also need to have a good customer relationship to keep the business up and running.

    • I see CRM and SCM as mutually essential and important to an organization. CRM is important because it manages the relationships of customers and for a business to exist it needs customers consequently it helps keep the customers involved in the business. Also, without SCM helping to make sure that the business has the components, data, and financial solvency as well as all needed resources to make products, there may not be any or at least not enough customers to build relationships upon. For these reasons, I see both CRM and SCM as two separate approaches working in cohesion or interconnected and equally important to the functions of a business.

    • I believe that both are important to rate each on priority depends on the business itself. As an example I work in the financial industry we service customers and their needs which is understandably high priority however, if I needed a car part(for instances) I believe SCM is of importance because I would need my car serviced for transportation back and forth to work. Both CRM and SCM focuses on customer service, business logistics and getting the product delivered efficiently so with that said I believe both are as important.

    • As most have agreed, both the SCM and the CRM is very important to a business organization. I feel the CRM would be most important when needed to decided between one or the other. The CRM will manage and analyze customer interactions, manage sales, marketing, accounting, etc. This will continue to help businesses build and maintain customer relationships which is vital in keeping a business operating.

    • While both systems are important for a company to utilize, I feel that CRM is more important. Good customer relations drive sales and have a greater impact on the bottom line. Happy customers are repeat customers, who spend at higher volumes and refer new customers via word of mouth. In the early years, a company may not be large enough to justify the cost of an SCM, but a company will want to manage customer relations. CRM can grow a business in ways SCM cannot.

    • In my opinion I think both CRM and SCM are essentials for an organization. But I am in favor of CRM a little bit more since it helps to improve efficiency in serving clients, gain greater staff satisfaction, save a great deal of money while increase both revenue and profitability.

    • I think that a CRM is the more crucial in terms of sustaining a business. The CRM enables you to manage the customers you have as well as see trends that you can utilize when looking to expand your customer base. CRM programs help you to provide clients with a smooth service experience and prompt them to refer you to others.

    • I think CRM is more important to an organization because it allows organizations to manage their interactions with customers, which leads to a better customer experience. I think a happy customer starts by using CRM, and SCM closes the circle. By starting off on the right foot by keeping track of who contacted a customer and when, organizations can create a good first impression. A business only survives for as long as it has happy, repeat customers.

    • I would argue that a CRM is more important than a SCM. Both systems are incredibly important. However, the CRM focuses externally. With a CRM you are able to get to know your customers on a much deeper level and peel the layers back. You get to understand what your customers like and dislike, trends they are interested in and the ins and outs of your customer. With CRM systems you are able to collect a lot of data on your customers and it is with this data that you can drive your profits even higher. So I would say that even though SCM systems are important I would almost feel like it is more important to have a strong CRM system.

    • I believe that SCM is more important to a business because it shows an overview of the whole process, including how it gets to consumers. CRM is important to a business, however, if you are just looking at business relations with the consumer, you aren’t looking at the whole process involved to getting a material/item to a consumer. Through looking at the SCM you are able to track where everything in a process is, look at how to make it more efficient, and in the end provide better business/consumer relations than simply looking at the relations/communication with a consumer.

    • While I think both systems are necessary for an effective business operation, I’d argue that a CRM system is more important. CRMs help organize a company’s customer base which can help drive higher revenue and profits. These systems allow for enhanced communication with customers by allowing organizations’ employees to access a single database of customer information. In addition, CRMs allow organizations to have improved organizational efficency by having all customer interactions logged in a single database.

    • When it comes to SCM (Supply Chain Management) and CRM (Customer Relations Management) it is difficult to say which is more important for an organization. If you talk to the Sales team, they will probably tell you that a CRM is more important. They use this tool to manage all of their clients and can ultimately bring in more revenue with the data it collects. Whereas the Operations team would argue that the SCM is more important because it is their job to get the right product on the right shelf at a low cost. For myself, I would say the SCM is more important because the Sales team can’t sell if the supply chain is failing and can not deliver the product they are selling.

  • Camille provided some follow up details from the interview last week – please see below:

    Lipstick colors: Red Velvet, Maraschino Cherry, Apple, Red Bean, Raspberry

    Skin Tone Shades: Light, Medium, Warm, […]

  • Hi – the class capture for Camille’s interview is posted on the project tab –


  • Leave your response as a comment on this post by the beginning of class on February 21, 2017.  Your response only needs to be about three or four sentences. These weekly questions should reinforce class d […]

  • Leave your response as a comment on this post by the beginning of class on February 21, 2017.  Your response only needs to be about three or four sentences. These weekly questions should reinforce class d […]

    • In the past few years, I think wearable technology like smartwatches and fitbits have been the most interesting innovations. After a dismal year in 2016, the wearable device industry is predicted to become increasingly invasive as well as more detached from smartphone technology in 2017. Wearables are becoming more and more proficient at analyzing data. I think one of the reasons these devices are important is because we are currently living through an obesity crisis. Devices like this have the potential to revolutionize the health care industry by helping users to lead healthier lives. We have already seen evidence of this during our discussion about wearables monitoring seizure sufferers. Increased use of wearables can disrupt business of medical alert companies that make products such as Life alert. Tech companies are looking to develop more products that integrate the human body with technology, which also poses the potential of disrupting the smartphone industry.

    • I would also agree that the technology field has greatly impacted our community over the last decade. Apple as an example has completely changed the way we operate our lives. With the Apple Watch you can now take calls, track your fitness, send texts, and many more interesting advances that impact our lives. The downside is that being so attached to your mobile device can cause harm in your workplace or in your everyday life. For example, in my workplace we are not aloud to use our phones during work hours. This is not only a work policy, but also a crucial safe guard against financial fraud on member’s accounts. It would be very easy for someone to send member’s account numbers to outside parties which is why the rules on this issue are so strict. As a whole technology is a very important part of life, and I think it greatly helps companies manage the data they receive to make smarter business choices for the company as a whole.

    • One very interesting innovation that has changed the way consumers and businesses are operating would be transportation and the ease of finding one another with modern GPS. Apps like Uber and Lyft have made public transportation a breeze. This disruptive innovation has inspired many other startups, such as AirBnb and Instacart to follow Uber’s business plan. With technology, entrepreneurs can make huge profits without investing a whole lot of money. I think that future entrepreneurs can be successful if they can find a way to make our lives easier and more efficient through connecting people via technology.

    • I think it’s very interesting how the Cable companies have eliminated the need for video stores with the subscriptions of premium channels. But, now the internet providers are cutting into the Cable company profits, with subscribers getting rid of their cable television packages and just keeping the internet. With the creation of the smart television we no longer need a cable network subscription to enjoy our favorite television shows or movies. We can stream them at our leisure without the added cost of expensive premium channel packages.

    • I think the invention of Amazon Prime has taken away going to actual stores for so many different commodities for many people. People do not have the time anymore to really go into a store and shop, and having a platform like amazon prime frees their schedule so they can be more productive in other important aspects of their lives. I think a big aspect of this is Amazon’s pantry and how people are now ordering their groceries to their doorstep instead of going to an actual grocery store. This is so much easier and less stressful and in the end can actually help to save money because you are only buying the things you need instead of casually walking around a grocery store. I think this will continue to evolve until everyone will just be shopping online instead of in stores, eliminating the grocery store’s and that business as a whole.

    • I really have noticed the effects of technology on business. Something I noticed first hand, is how it has really changed print. Not as many people are as interested in picking up a magazine or newspaper with the smartphones. My dad owned his own magazine business, and we noticed the effects that the internet and smartphones had on our business. That being said, I would have to say the smart phone is the most important invention. It has internet, a camera, you can even read books on it. They even keep adding more and more things. Look around you whenever you are out, all you see is people on their smartphones.

    • I think Spotify has revolutionized the way we listen to music, It was one of the first legal music streaming apps, and it allows you to save music to your phone. Since it gives you the ability to stream artists entire catalogs for a monthly fixed cost, consumers no longer needed to buy music, be it physical CDs or digital mp3’s through iTunes. It has even inspired competitor apps such as Apple Music and rapper Jay-Z’s company,Tidal.

    • One innovation that has really revolutionized the way we live our lives has been the proliferation of the Internet of Things. The Internet of Things, or IoT, has spread quickly to several applications. We refer to many of these applications as “smart” such as smart wearable, smart home, smart city, smart environment, or smart enterprise. Devices like the Nest thermostat, Fitbit, wearable heart monitors, or an Internet connected refrigerator have all changed our lives, for better or worse. IoT is getting bigger and bigger, companies that are developing IoT solutions are receiving more and more investment, and workers with IoT experience are becoming more and more sought after.

    • Even though they have been around for awhile now, I still believe the greatest invention is the smartphone. Just think about how much you can do on a smartphone; you can watch tv, listen to music, check your companies stock, complete work or homework, the possibilities are almost endless. You need a smartphone to sync your fitbit to. Smartphones have changed the way employees and businesses work, because people have constant access to their work. You can check your emails, have access to your calendar so you can plan a meeting. If you have the correct app you can also complete work from your phone. As smartphones get updated they become easier and easier to complete work on.

    • Several disruptive technologies that I use daily or frequently would have to be Netflix and Uber. I was in high school while the internet was in its infancy so I see how much that has grown and changed the world in which we live. Similar, prior to Netflix and fire fox people relied on Blockbuster (yes, I can remember that) or cable which came along with a $150 or more bill. I believe subscription services are less expensive and convenient. This has bought along services such as AirnB which I know several friends of mines have renovated their homes to rent to people taking advantage of this service. Another innovation would have to how consumers bank. This has led to fewer brick and motor businesses and employment opportunities however, things are more convenient you can actually take care of your business in the privacy of your own home.

    • I think one of the more interesting innovations that I have seen in the past few years in the artificial intelligence world would be items such as the Amazon echo or for me “Alexa”. It is capable of so many different things and gets better and better as they add more features. It offers voice interaction, music, ( which can come from many different sources) making to-do lists, setting alarms, adding orders to your amazon prime, updates, playing games, weather, traffic, and other real-time information. It can also control several smart devices using itself as a home automation hub. I am not sure what you would say the original business model is for this because it covers some many different things. I guess it is kind of like “phone a friend” on “who wants to be a millionaire.” 🙂

    • Although it’s not considered new technology or an innovation in the last few years, smartphones are pushing the limits of user possibilities every few months. Watches, Heart monitors, Health coaches, making shopping lists, tachtometers, world times, etc. are all stuffed into pre-programmed cell phone technology. Even virtual reality and iris scanning has been beta tested on smartphones with proven success. The list gets bigger every few months as newer phones are released and newer technology is being crammed in effortlessly. This technology renders other products irrelevant and makes it easier for consumers to get the answers they need in mere seconds.

    • In my opinion, Internet of things is one of the most important innovation in the recent years as nowadays there are a huge number of connected devices on the IoT network. With any smart devices connected to internet through Wifi or ceullar data , people and businesses can manage their assets in better informed ways, and can make more timely and better informed decisions about what they want or need to do. This new connected world brings with it fundamental changes to society and to consumers. By sensing our surrounding environment, the IoT will create many practical improvements in our world namely increasing our convenience, health and safety, while at the same time improving energy efficiency and comfort.

    • I think that one of the most interesting trends that have really changed a business model in the last few years is crowd funding. This has allowed many developers and entrepreneurs to receive the funding that they need using social media and the internet to get the word about the product and creating lots of competition in the market. They don’t have to chase those VC and Angels, but can promise people their product along with some perks.

    • I think that the most important innovation in the last few years would be smartphones, although they’ve been around for a decade, the accessibility, use, and impact on the world has grown substantially just in last few years. The over whelming majority of Americans having a computer in their pocket that can access any information or answer any question has changed the way we live dramatically. Now this technology is spreading throughout the world, information that would take maybe months to research or wasn’t available at all is now in the hands of billions of people within seconds. These smartphones also include GPS and ordering just about anything we could possibly need online without moving which has and will drastically change the way economies operate throughout the world.

    • I think one business that has been disrupted the most and will continue is cable companies. With the rise of video on demand channels such as Netflix, HBO Go, Amazon Prime Video, and more, many people are beginning to stop buying cable and just using these services for their entertainment. Who would have thought 10 years ago that cable companies would be losing thousands of customers a year? I think a lot of it has to do with customers having more choices in their home entertainment and cable companies not adjusting their price or product to compete with this competition.

    • I think a lot of people may easily say that the most interesting or possibly important innovation in the last few years would be app development for interfacing consumers with products directly to them instead of going to market. However, I disagree, I think the most disruptive (preemptively)innovation is drone delivery. This has the potential to eliminate (or so it says – hypothetically) whole industries of merchandise transportation – first locally, regionally, and then nationally and soon internationally. I think it’s safe to say the function of mass shipment will remain in that of mass cargo carriers but everything starts small to get bigger and I think while we have planes, we could eventually have robotic delivery services for goods. This changes the original business model of finding a third party transporter or utilizing the national mail service (a struggling effort already) for small good deliveries.

    • I believe technology has changed a lot business process and therefore jobs. One particular example that I can think of is the change in business communication. At my job the position of front desk receptionist has been completely eliminated, due to communication channels such as cell-phones, emails, business skype, and file sharing. Because more and more people have direct, and more efficient channels of communication between departments and businesses they no longer have the need for the middle man, therefore many similar positions have been eliminated within the company.

    • To me, the most interesting innovations have to be those of artificial intelligence. They are changing the way we live, work, and entertain ourselves. Some top examples are Siri, Alexa, and one of my favorites is the Nest. The nest is a learning thermostat that actual learns your living patterns in regards to your heating and cooling needs and adjust the temperatures for you. I can be at work all day with my house set at an eco friendly 56 degrees and without doing anything I will come home at 5pm to a warm 69 degrees. If things change I am able to change the thermostat from my phone from anywhere, or I can also use my Alexa voice command and change it that way. This is saving me so much energy and money.

    • I think a key innovation for myself personally is the app Venmo. It lets you transfer money instantly to anyone, whether it be directly from your checking account or from your credit/debit card. Even if the person you’re transferring to has a different bank than yours, it’ll still work. This is great for someone like me who never carries cash and always seems to forget their lunch because then when my co-workers order lunch, I’m able to transfer them money directly for my meal. This eliminates the hassle of going to your bank and taking money out, so its just another thing we won’t need banks for because nowadays you can even deposit checks right from your bank’s app. This, along with Venmo, has completely revolutionized modern-day banking.

    • I think one of the most disruptive innovations in recent years has been streaming services. even a few years ago, you either paid the cable bill (with add-on premium packages for sports, international channels, and HBO/Starz/Showtime) or pirated the shows you wanted to watch. You went to the music store for CDs or downloaded it off of Limewire for free. My belief is that most people would prefer to get their entertainment through legal means, but would turn to torrents and piracy because they couldn’t afford media. Netflix capitalized on this when they introduced streaming video, and cable companies still are having trouble adapting. You can order Starz as an add-on to your Amazon Prime membership now! Music services such as Apple Music, Spotify, and older platforms like Rhapsody provide users with legal access to the music they enjoy without breaking the bank.

    • Any innovation that disrupts the technology world is a big part of having to do with the change of our future. I will have to say that wearables is one of the key leading technologies. The biggest thing that human beings want in life, is to live longer aside from the materialistic things. Wearable technology begins to benefit people by providing data instantly, that pertains to health. For example weight loss can become an easier way, once wearable technology can begin tracking the food intake and water levels of your body. There already is technology that does something similar, just not as accurate. But with time, this can completely monitor your entire body and in the future, begin to prevent risks such as cancer.

    • Speaking from the perspective of someone who works for a landscaping company, I think one of the most important developments has been the vast improvements that have been made to GPS and mapping software. Google Earth is something that our company uses everyday and most of our customers do not realize how advanced it has become. We are able to provide pricing on lawn cutting, fertilizing and even tree trimming and mulching simply by pulling up their home on Google Earth. More and more neighborhoods are being converted into 3D images which allows us to get a truer visualization of the property, all from inside our office. This cuts down on estimate time and ultimately provides our customers with faster service.

    • Even though it’s fairly new, I think the most important innovation to come will be Augmented Reality technology, similar to the Holo Lens that Microsoft will release. This is an AR headset that people can wear. This will allow people to become more productive. If we think that laptops and tablets are popular now, think of a constant potential connection to this internet. You don’t have to start anything up, or worry about carrying anything clunky. Anyone having the glasses could simply be doing anything throughout their day, and have access to any information they could possibly want at any time. No more mobile/hardware limitations. We, as members of society, will always be connected. Instead of walking around with this internet in our pocket, it will be always available where ever we look.

    • I think the most interesting innovation as of late is the growth of Amazon and the addition of Amazon Prime. I recently bought Amazon Prime for myself and have yet to learn everything that comes with it. The use of one-click ordering and free two-day shipping has the potential to eliminate brick and mortar stores, especially with the addition of Amazon Fresh which gives you the ability to order groceries as well. Amazon’s echo also aids in the potential elimination of brick and mortar stores as well by allowing consumers to add things to their lists and order items just by speaking.

    • One of the most interesting technology innovations this year that has impacted me would be the Venmo app. This allows me, my friends, roommates, coworkers exchange funds through a mobile app that is linked to my bank account. It has completely altered the business model because now instead of writing a check to my roommate for the electrical bill, or getting out cash to pay back a friend, I can instantly transfer my money to their account. I have also recently read that China is working on technology to take an app like this to another level by using face recognition. Face++, a start up company in China, state that facial recognition has existed for decades, but only now is it accurate enough to be used in secure financial transactions. The new versions use deep learning, an artificial-intelligence technique that is especially effective for image recognition because it makes a computer zero in on the facial features that will most reliably identify a person.

  • Leave your response as a comment on this post by the beginning of class on February 14, 2017.  Your response only needs to be about three or four sentences. These weekly questions should reinforce class d […]

  • Leave your response as a comment on this post by the beginning of class on February 14, 2017.  Your response only needs to be about three or four sentences. These weekly questions should reinforce class d […]

    • The HR Department that I currently work in has recently undergone the learning curves of implementing a new ERP. We now use an HR database, a payroll system and a time and attendance system that all talk to each other and update accordingly. Instead of having to input information into three separate systems, we now only have to update one. It has made life so much easier for every employee involved in the process, and has demonstrated to me personally just how crucial it is to have an integrated system. About 80-90% of data we use is unstructured. This data impacts the daily job of any worker in today’s force because we are left to analyze unstructured data and make sense of it in order to solve business problems.

    • For the physical therapy office I work at, the implement of data has proven to be only good. We finally signed a contract with a firm to integrate a completely electronic system for all of the offices and even the doctor offices. This is going to be so much easier because now the doctors can see everything that the therapists record and vice versa. It was a problem before because if we scanned something in, we might be on a different system versus the doctor office. Therefore, even though we scanned it into our system, they still weren’t able to see it, so we would have to do the extra step of faxing it over to them. Now that we’ll have a totally different data integration system, its going to make all of our lives so much easier and I cannot wait!

    • Working in Healthcare Sales and Marketing, data is crucial for the day to day/ long term success of our company. In sales we look at numbers/data on a weekly, quarterly and yearly basis. We use the data to look at certain trends and use them to forecast what our goals should be. However, data is not just important when looking at marketing/sales goals. With the ever changing healthcare regulations and payment reform, Medicare/ Insurance agencies and Hospital Health Systems are now looking into our data. Agencies like mine (home health) will only be able to survive when they can show that they have good quality patient outcomes. Different measures such as client satisfaction, rehospitalization rates and how well a patient shows improvement on ambulation are measured through our oasis (outcome assessment information set) which is then reported back to CMS and published for anyone to see. This makes agencies like mine transparent. We are transparent to our referral sources (they will want their patients to have the best outcomes possible), Patients ( they have a choice in their post acute providers and will choose an agency with the highest score) and Insurance Companies ( In the near future we believe they will reimburse us based on these scores). Data is such a big part of the every day operations and long term goals for success. I think many agencies much smaller than mine will have a hard time surviving in the ever changing market without investing in state of the art software and using their data for quality improvement.

    • I am in banking now, and it is crucial that our members receive the proper information from each transaction. We also send out surveys for each member to complete so we know where we can improve. The data we receive will show us what we can do better for the member, and processing the data is very crucial to our success. As far as my major, Accounting is all about processing data. The information I receive is crucial, and I will need to be able to see where we can improve, and make the necessary improvement for the success of the company I work for.

    • I am a MIS major and I think my future job will have to deal with a lot of data (collect, present, analyze data…). Having an integrated system like ERP will turn my job more convenient and less painful than ever before since everything (sources, data) is located in only one place and I only have to update it once, it’s easier to notice the change. There’s no more collecting sources from places to places and updating everything from times to times. this probably will save a great deal of time and money

    • As an International Business major, I can see why ERPs and Data Analytics would be so important for doing business globally. ERPs eliminate discrepancies and miscommunication between users and help everyone understand workflows. A good ERP system could benefit companies who operate with multiple currencies and languages. As businesses grow, their ERP system should grow and develop with them.

    • As a Federal Loan collector I think good data is very important, because I rely on this information to be accurate. If I review a customer’s account and the data is incorrect, it affects the customer and other departments. Bad data will cause problems for everyone involved in the different processes.

    • I’m currently interning at an Employee Benefits provider, and study RMI at Temple, collecting good data and having an integrated system is crucial in Insurance and Risk Analysis. This is important because inaccurate date can alter the calculation of a risk, then further incorrectly load the premium, and this causing an incorrect amount to be charged. Big picture, if you don’t charge enough, you aren’t accurately treating a risk and will end up paying out proportionately, if you overcharge you will lose a client. Furthermore, Insurance is a slow stride when it comes to technology, and most systems are integrated for multiple department usage – such as SalesForce. If you or anyone else at any point treats bad data like good data, It’ll result and skewing any operations, equations, or documents going forward – which could result in a huge mistake that could have been avoided.

    • It has a huge impact! Keeping the customer data (pertinent contact info, purchases, # of jobs, total invoices, invoices paid, not paid, etc…) in one central place for anyone to access and see the entire life cycle of a client in one spot is critical to any business these days. I was a sales professional working at a call center company that had 50 small boutique call centers across the country each having their own unique specialization. We did not have an ERP system in place. All client information was pretty much stored on the systems at each individual call center. I had a client that I sold services to, I did the invoices, I ensured we received payment, I did the customer services, I sold them more services. This particular client had 6 different projects running in 6 different call centers. I managed all the important stuff to keep it all sorted out properly for me and for my client, while the call centers performed the day-to-day operations. One day we received a company letter informing us that the company sold half of our call centers and we were slitting the company in half. Well, 2 of my clients projects were 2 call centers that were being sold, thus there was a problem. I couldn’t have my clients work be sold and performed by another another company. I had to take the matter up with the CEO, which he not happy about this. The company sale was pretty much complete and he now had to essentially reopen discussions with to whom he sold half the company to and tell them that we need to keep two client programs. The point is, we had no ERP system, when they looked at the individual books of each call center, no one put two and two together that these 6 projects are all one customer. They just assumed they were 6 different clients. If there was an ERP system, there would have been no confusion, no problems. I wouldn’t have had to manage all the important stuff and the sale of the company would of went much smoother for everyone. It was disaster of a company sale because there was no ERP system in place.

    • As an intern at The Institutes, I get to see how important having the correct data has. We provide continuing education for employees in the risk and insurance field, and many of our clients are large businesses and organizations. We have an agreement with all of our customers, that we will not actively recruit any of their employees. About a month ago, our recruiter reached out to someone on LinkedIn about a job we had available, because she though the person would be a good fit for our company. On the candidates LinkedIn page, they had the abbreviated name of their company listed. Our recruiter did not know what the abbreviated name stood for, so she actively recruited this candidate for an entry level position, not realizing that he worked for one of our biggest customers. As you can imagine, this was a very big deal, and the candidates CEO ended up calling our CEO and threatened to stop giving us their business because we had breached our contract. If we had all of the information and data about our customers that we needed, none of this would have happened. Having all of your data in a clear way has such a huge impact on your job, because it allows you to do your job correctly, and not make mistakes that could cost your company a client.

    • My major is accounting. Having a fully integrated system is incredibly important when working in my major’s specific field. Working in accounting we need to have up to date information on our customer base from multiple departments. We need to be able to communicate directly in an instant with the sales department for instance. Say the customer’s account is on hold or is maxed out I would immediately need to be able to put this information in the database that takes my information about the customer and makes it available to the sales department so they know not to go through with pursuing the sale. Likewise if a customer has paid off their account I need the information from the billing department rapidly so that I can update the customers information in the accounting department, so that the sales department sees that they have credit once more. Or say a customer over pays for an item on accident I need to be able to receive the invoice that was paid from the sales department rapidly to apply the credit to the customers account. There are many variables and situations which are crucial for a system to communicate with every department with in an instant. Almost any negative situation due to lack of communication can be avoided with an integrated system.

    • I used to work for an answering service that took calls for different types of companies (HVAC, Doctor’s offices, Funeral homes, etc.) and it taught me the value of collecting good data. What can often happen as a message gets passed from the caller to the message taker to the dispatcher to the office contact is that data can be misinterpreted. If one question was answered incorrectly by the message taker either accidentally or because the caller didn’t clearly communicate what they needed, it would affect how that message was dispatched and how promptly the office contact could respond. One of the most important questions is “Do you consider this an emergency?” The answer to this question completely alters how this call is handled and what information is gathered. By not answering this question correctly, it could lead to the office contact not getting the message quickly enough and not having adequate information once they do.

    • My current major is Marketing and I am currently in sales as my occupation. Having current and correct information at my finger tips is very important to my day to day business. My customers rely on me for their supply and equipment orders on our stock items, and from our manufacturer in-house items. If they are in need of a product by a certain date, I have to make it happen or find alternatives for their business. This technology takes hours of work of searching inventory, looking up my customer’s history and/or product information and complete all the tasks within minutes. It allows accounting to approve orders as soon as it is placed, and I receive a confirmation email of the order and the delivery date, in some cases, I even receive a tracking number from the carrier in which the products will be delivered so that I can keep on top of it and inform my customers in real time. This creates a platform for great customer service…

    • I currently work at a beauty supply distributor as a Quality Control Inspector. I always use the most popular ERP software SAP to check the current inventory status, PO and Goods Receipt for inbound shipments at my workplace. This integrated system makes my colleagues’ and my job very efficient. We can obtain any data whenever we need, and we can update information without much efforts. Even though each department use different modules for their primary jobs. However, the system itself provides the same information to the users in the same network. Having good data is extremely important because the information drives the business. Having bad data can drive the business to a wrong direction. I think that integrated system and good data are essential for every business.

    • I just recently formed my LLC and I’m learning everything as I go. Looking into future endeavors for my business, clear and integrated data is absolutely imperative in operating fluidly. The ability to see everything located centrally, as I can imagine, would not only help with the speed of daily routines but with the overall workings of the organization. This, could, in turn, make a business more desirable to consumers.

    • Data is a huge part of my current job being in the residential management field. In order to lease apartments we need to collect data on who needs apartments, where people are going to find apartments, how much people are willing to pay to rent apartments, etc. We then use this data to make sure we are putting our marketing dollars in the right areas to get the attention of prospects to rent our apartments. We also conduct weekly market surveys to see what our comparable properties are offering so that stay in line with the competition. If we failed to collect the right data then we would be losing out on leases and then losing out on revenue for the company.

    • Having customer data, such as contact information, purchases, invoices numbers with paid or unpaid notations, all in one place seems to be an essential part of running a successful business. Being able to access a customers data in a matter of minutes prevents employees from having to sort through piles of information that could potentially take hours out of company time.

    • Working in Healthcare Sales, data is vital for providing proper health insurance. In sales, data is always utilized daily, it is used to determine pricing, target markets, and overall coverage so it is the most crucial segment of the business. If the company had bad data, we could have poor pricing, therefore making us unable to expand business and risk pools which could lead to insolvency in worst case scenario. Also, we could offer only to high risk individuals because of bad data potentially leading to insolvency as well. It is also needed to comply with the many government regulations so the processes can be synchronized for different divisions that all need to maintain compliance. This saves a lot of time and reduces risk greatly, as non-compliance can result in huge fines.

    • Since my major is HR I think ERPs and Data Analytics would be very important as serving as a major communication tool within a business, as a best source of communicator for all intertwining information. You could access adequate payroll records (time worked, vacation, overtime, etc), that can also travel from department to department if there was a need for it. Good data can help you analyze your business and the workings within, and based on the data you are analyzing you can make adequate decisions to improve the overall workings of your company/organization, or see if there is a problem, as well as view efficiency. Bad data, can give you an incomplete picture about your business, or the wrong picture about your business, and therefore cause problems in the functioning and improving of your organization.

    • I’m a Marketing major, but I’ve always dreamed of running my own business. As a business owner, it will be important to keep up-to-date records on my customers. Doing so will allow us to follow-up with customers, tailor mailings to their interests and needs, and make sure that we’re not repetitive with our interactions with customers. When everyone can see the most up-to-date information, we’ll have immediate access to the status and situation of a customer. If we fail to update our customer records, multiple employees may reach out to the same customer for the same thing, which would waste our time, the customer’s time, and annoy our customers.

    • In all three retail companies I’ve worked for, I can now look back and see how ERPs were in place. I want to go into the market research field, so whether the data is good or bad could make a tremendous difference on what results are derived. Good data would mean it’s relevant to the focus at hand, segmented properly to make sure each target segment is represented, respondents are screened to make sure they meet the criterion, and there should be enough respondents so that the sample size is one where the data is accurate. If data is mixed up, improperly input, or a respondent isn’t being honest, the flow of data could be disrupted, making it more difficult to decipher. Bad data would also make a client lose credibility in my firm and not give the great reviews I’d be hoping for. Good data is what leads companies to making better decisions and more accurate decisions to keep their clients/customers satisfied.

    • As a risk major, customer data is very important in the insurance marketplace. For instance, when a customer files a claim, it is important that the claims department has all the necessary information regarding the customer and the insurance contract. Incorrect or incomplete information can slow the entire claims process down, and possibly cause a claim acceptance or rejection to occur despite the wrong information being present.

    • In my current company, we use a main ERD and some supplemental programs to bridge the gap between what we need and what the main system can do (although I haven’t used the other programs). Having relevant, updated data is crucial to our daily operations. For example, one of our field locations can enter an invoice for Little Debbie snacks, and we can view the information at the corporate level so the AP team can make payments. It’s important that the data is accurate and current so that everyone can get their jobs done. Bad data would cause problems up and down the ladder: sites show large variances if data was incorrect, billing has to reverse invoices, and fuel numbers could lead too shortages.

    • Having the ability to work in Marketing for the last few years is definitely a plus for the fact that I am getting experience in the field that I am in. My company, being that of a small to medium business, can definitely use an ERD system, but practices without it. I’m the project manager of the company so I have to basically third party applications that allow an integrated system to be managed throughout our designers, developers and coding experts. After learning more about ERP systems in this class, a suggestion has been placed into my CEO’s mind so hopefully a system will be created because it would save hours upon hours of work each week as to what I currently do, which is many steps to accomplish one specific goal.

    • I have been working for a chemical distribution company getting experience in sales and marketing. We unfortunately do not have an ERD system but would absolutely benefit from one in the sense of training procedures, and sales operations. We could use one to overview the steps of training and what to do in certain situations, which could be the same type of tool for sales processes. In my field, bad data could ultimately lead me to lose a sale. When dealing with multimillion dollar industries, as a sales rep I do not have the room for error, especially when trying to market myself, brand, and product. 9 times out of 10 the businesses we are reaching out to have already researched the chemical in question and if our information doesn’t match up with their research we look unprofessional and not trustworthy.

    • In my coming field of work, accounting, having correct data is of almost indescribable importance. In accounting, having the correct data is not only crucial to the bottom line but to the company’s well being too. Incorrect data would not only affect the books but also interfere with compliance issues and laws which would result in further ramifications for the company. In addition, correct financial data is crucial to a company’s ability to make growth and investment decisions that affect the health and longevity of the company.

    • I work in audit and account reconciliations while bad data would not be beneficial in that it would hold the entire process up from various departments to the account holder themselves we do not have a ERD system. Learning about it during this course allows you to see just how beneficial it would be. We have to research the work of different departments to find the cause of an error so if the data we receive were not correct this could be a potential risk exposure.

    • I use a data system for my business. This is very important because it keeps all of my customer’s information stored safe but accessible for me when I need to access it. This also allows for my customers to book directly online. The way the system is designed does not allow for an item to be over-booked. If I did not have this system in place it would be easy to book more one event for the same item. This would make for some very unhappy customers and the demise of my business.


    • Good data is vital to any industry. If you forecast supply and materials purchases improperly you can cost your company absurd amounts of money. On the other side, using data properly will be extremely vital to figuring out how much of what you need and when you need it. As a marketing major, proper data is crucial for segmentation and brand positioning, as well as pricing and infinite other things that need to be analyzed

    • In marketing, Data Analysis is extremely important in learning abut the consumers and how the products affect/are being reacted to. Using Data Analytics in marketing allows producers and market strategists to target audiences more specifically through analyzing aspects such as when ads are being clicked on the most, what is being bought more than another product, and keeping records of consumer’s information.

    • Good data and bad data have enormous impact in my daily job. I work in aviation and we use data to track to everything. Without data we cannot track failure rates of major components. We cannot track how long components will last in field and schedule inspections around all of that data. It literally is a matter of life and death in many cases. From a financial point of view my company uses data reported by the customer to generate their comp and warranty plans so that we can accurately charge customers and they feel as if they’re getting their money’s worth. I wish our customer had a true understanding of how important data is because many of them are hesitate to comply with what we ask for and the reporting of the hours.

    • I work for a catering company and we use data anywhere from inventory control to building menus. It is important to track what is ordered most often, what sells the best, or what doesn’t sell at all when we our redesigning our weddings and menu packages. In the operations department I use data to control my inventory so I can control loss and also control under or over ordering product.

  • Leave your response as a comment on this post by the beginning of class on February 7, 2016. Your response only needs to be about three or four sentences. These weekly questions should reinforce class […]

  • Leave your response as a comment on this post by the beginning of class on February 7, 2016. Your response only needs to be about three or four sentences. These weekly questions should reinforce class […]

    • Decision trees can be useful in professional and personal situations. I couldn’t help but think about how helpful decision trees would be for the salon I work at in center city. If we used decision trees, they could help with several processes. One example would be closing the salon each night. There are many things that need to be done before we can close. We need to count inventory, fully clean each room, count any cash payments, escalate any payment discrepancies, and perform a large list of other tasks. Employees may move faster if they have some sort of decision tree to know what to do next throughout the night. I think decision trees could also be useful for training new employees. If an employee could take home an organized decision tree, they could visualize the way the operations of our salon work.

    • In my profession I assist students with outstanding balances. Often the student assumes that their financial Aid and student loans are going to cover their full tuition, and when it does not they are unable to register. The student plan “A” was to register they did not have a plan “B”. I think a Decision Tree would be helpful in mapping out one’s life plans. Everyone has a plan “A” on how they would like to achieve their life’s goals. Sometimes obstacles get in the way and you are unable to enact plan “A”. So you need to have a backup plan “B” and a decision tree is a good way to map out all of the “IF’s” in your life you may encounter so you can make a wise decision.

    • After our class on Tuesday night, I started a chapter in my statistics class that advocates the use of decision trees to solve probability problems. This organized method of question and answer really helps with visualizing complex word problems in mathematics by making them simple to understand and use. Not only are decision trees useful for organizing numerical information, they could also be useful for organizing information for employees in a company. In the HR Department I currently work in, I was recently assigned the task of creating a document that contains representative contact information so that employees will know who to direct their benefit questions to. Upon learning about decision trees, I am thinking it would be beneficial for me to map out the contacts based upon potential questions in one of the trees. This way, the representative information will be quick and accessible based on whatever questions my employees may have.

    • Other than Information System, I think the decision tree can be a really helpful tool to draw plan, demonstrate a process, for example: your plan for certain days, schedule or studying plan for exam or ideas for your business ( investment, restaurant, project..) Decision tree is helpful since it is easy to understand, it is clear and people can easily see the outcomes when they take a few seconds to look at it.

    • I think a decision tree would be very helpful in the banking world, because there are so many important decisions that need to be made on a daily basis. At my credit union members are coming in with various types of transactions to complete for them, and problems which need to be fixed. Depending on the problem, one might need to reach out to superiors or other departments to come up with a solution for the member. It would be very helpful for our employees to be able to reference this diagram as needed, and be able to see the outcomes before handling the member’s account.

    • I can think of many reasons, pretty much unlimited reasons, as to how a decision tree would be helpful. I think that they can help tremendously not only in business, but also in personal choices as well. Sometimes just seeing something laid out in that exact way can help you come to a better decision. I know for example in my job, I sell cosmetics, we could use these for the process of how to sell and market our items. I think creating a decision tree could make people make better, more well thought out decisions. It also can help if say someone is great at selling a product, or whatever it is that they do, they could make a decision tree so others could replicate what it is they do.

    • As someone who is very indecisive, I believe that decision trees would be useful in my personal and professional life. For my personal life, it could help me determine my plans for a particular day or what I should spend my money on. In my professional life decision trees would also be very useful. As a human resource management major, decision trees can be used to determine which applicants you call in for an interview based off of their resumes. It can also help determine how people get paid, or how raises are determined. Decision trees allow you to really sit down and think about the different outcomes for certain situations, so they can really be used for anything.

    • Decisions trees can be useful in any situation where you have several courses of action. This could be professional or even personal decisions. I know in my profession, a decision tree would very useful to show the application process for renting apartments. There are several different results the applicant could get (accept, accept with conditions, decline, and criminal decline) and each result has its own list of actions needed to complete the process. Also, like I said, decision trees are very helpful for personal things an example being a list of chores needed to get down. For instance, I have wash, bathroom cleaning, and yard work to do. What is going to get done first is going to depend on some situations as in is it good weather to do the yard work or is anyone going to be home where the bathrooms are not available to be occupied by cleaning, etc.

    • Decision trees can be helpful in any sort of scenario where you need to explore multiple options. You can use it to decide which job to accept, vacation and financial planning, as well as countless other things that need to be weighted and decided

    • I could see decision trees being used in a for Risk Management. Decision trees reduce the dangers a company might be exposed to if it settled on a moment’s decision without considering future consequences. A decision tree allows the company to take the time to think of multiple outcomes to a given situation and how to act or react accordingly. Since a company already outlined the possible consequences, facing risks become more manageable. The decision tree becomes a tool you can use to prepare for the risk.

    • I believe a decision tree could be use when looking at personal career goals and paths. A person has to ask many questions and make many decisions that may lead to a success career. There will be some changes here and there but as least you ask the questions; is education needed, any training afterwards, salary goals, etc. Without considering some of these outcomes, you maybe a “starving unhappy artist” as some may call it with huge bills living in their family/friends basement for the rest of their life.

    • I think decision trees could be helpful in basically any aspect. We don’t even realize it when we’re weighing the pros and cons of decisions in our everyday lives, but we use them when deciding if we’ll have time to stop for coffee on the way to work and if that will make us late for work and what will happen if we are late, etc. On an even larger scale, we use them when trying to make decisions about what career path we may choose or if an opportunity opens up for us to move halfway across the country for an amazing new job. It’s important to balance out the decision-making process into ways that gives each part a fair chance, this way you’re not biased by already leaning in one direction.

    • I think in general decision trees could be used in any aspect of life, whether business, school, assessing personal goals, and situation or scope that involves us weighing decisions and wanting to review the clear outcome of our choice. Now that I’ve learned about them, I was thinking to do one for a home remodeling project. I could use thee decision tree to explore and view & review pricing, material, options, and so forth. It could help get the big picture of all my options as well as clarify if I have made the right decision.

    • I plan on using this week’s concepts in my day to day job. I recently took on a new position at work and there are now standard operating procedures (SOP). One of my goals for this year is to develop some SOP’s and I feel that business rules and decision trees will be extremely helpful in that process. Some of the areas that it will be helpful will be when processing credits, RMA’s, an aircraft entry into service and setting up new customer accounts. Many of these processes are basic in nature and have a lot of yes or no decisions, but require multiple people to be a part of the process. Going thru many of these processes it has required asking different people and using a decision tree and some business rules will make it standard for everyone.

    • Decision Trees are a great way to plan for all possible outcomes in one’s personal or professional lives. It is a great way to plan, think ahead and look at various alternatives. You can visualize the overall effect of each decision. In Sales and Marketing I am constantly planning for any possible outcome. If I am pre-call planning for an important meeting I think about where the conversation may go with my client. I realize it can go many different routes and I want to be prepared to speak intelligently or problem solve with whatever might come up in conversation. I realize that my client may say they are not interested in what I have to offer so I then need to have a back-up plan to pull them in. A decision Tree can be a huge help and in some aspect I am already using this tool. I realize it can also be a great way to help guide our children in decision making. As my kids get older they will be faced with more mature and difficult choices in life. This is a great way to look ahead and discuss possible outcomes/consequences of their decisions/actions.

    • I can think of many different situations where a decision tree would be helpful. We are looking to move this summer and I think that a decision tree could help in the process of figuring out where would be best to move. There are so many different things that need to be considered when relocating. I really didn’t give it too much thought at first. However, I need to make sure the area is safe and the schools are good. I also want to look for someplace that is convenient to our everyday commute. Having a decision tree could definitely make this process easier.

    • Well decision trees can be used for quite literally any aspect of life as well as their application to information systems. For instance with a pay check one could formulate a decision tree in regards to what to spend the money on. If I spend it here will I miss a bill there etc. One could use a decision tree to further this idea with a monthly budget to determine what are priorities and what aren’t. Decision trees could be used to view opportunity costs in a round about way as well. Decision trees allow anyone to formulate what the better option and outcome would be. Say I have a limited amount of time available between school and work. I could map out a decision tree to decide what to tackle between work and school and what to do after school. There is a practical application for decision trees with any aspect of life.

    • Decision trees would help me explain and set-up my workout schedule. I usually workout every other day, so if I worked out the day before, I don’t need to workout. I alternate my workouts between lifting weights and going on a run. However, I check the weather each week and try to adjust my workout schedule so that I run on the nicest days of the week. During the winter, I look for the warmest day of the week, and days that will be sunny. If I find one of these days, I might workout two days in a row in order to take advantage of the nice weather. If I don’t find a sunny and warm day, I took for a day that will at least be warmer than the other days. If it’s rainy the whole week, I’ll still make sure I go for a run. If it’s snowing (and very cold), I won’t run. Instead, I’ll lift or do body weight exercises depending on how much energy I have that day.
      When it’s warm, sunny, and I’m home in the middle of the day, I take my dog for a walk in addition to my scheduled workout.
      Using a decision tree would allow me (and those I’m explaining my workout schedule to) to easily follow my decision process and come to a conclusion.

    • Decision trees are a great aspect to be used whether it is for business, school or personal tasks. One aspect how to plan out a study plan to figure out many things. One thing would be is trying to plan a weekend socializing with others or going on adventures. If I am able to figure out what needs to get done throughout the week, the weekends would be lighter and my homework and studying can be focused on throughout the week. This way I am not rushing and stressing on the weekend as well as the weekdays. On top of that, it will keep me focused.

    • The decision tree is helpful in many areas other than information systems such as planning for a trip, being prepare for a job interview, building a study plan for a semester, and defining your job responsibilities at workplace. By mapping out branches from a subject, we can easily see potential outcomes without much effort. I would say that the decision tree is an easy way to get possible outcomes to draw our personal, business, and school plans. We can list many ideas in one tree for each subject visibly, and a tree can be a guide to accomplish a goal.

    • I feel like every choice I make I take myself through a decision tree. From getting up at 6am to workout or sleeping in and working at after work. Or eating chicken for dinner or making a cheese steak. Each choice requires a decision tree and outcomes that come with each choice. If I eat that cheese steak then I’m getting up at 6am to do the workout, if I choose chicken then its ok to sleep in and workout after work, but if I want to do really well in the upcoming races, I need to work out at 6am and again after work every day. Each missed workout and each bad eating habit choice I make result in bad outcomes. Conversely, each attended workout and each good eating habit choice result in good outcomes. This is just one little aspect of life, imagine all the other decisions [trees] that I make on a daily basis. Perhaps I should get this decision tree on paper to help visualize the process and maybe it will lead to better choices being made, more often than not.

    • Decision trees are constantly used throughout sports and certain competitions. I’ve seen many tree diagrams before we had reviewed them for hot dog eating contests, fantasy football, beer pong tournaments (all of age), and investments for mapping out finances. All of these work with decision trees because there is a single decision needing to be made “win or lose?”, or many such as “invest – yes or no?” and “profitable or not?”. These are just some other areas I’ve seen decision trees being helpful other than information systems.

    • Decision trees are extremely useful in the business work but I can see how I could use them in my everyday life. We can use them for simple things such as deciding where to go on vacation; this would work similar to the parents visiting decision tree. This would be helpful because it would put all the possible options in one place and allow you to chose the best spot based on the criteria. As a visual person, this would help me tremendously. For instance, you may choose to stay domestic rather than travel internationally based on, vacation time, time of the year, or budget. Conversely, you could use one to determine what time of the year would be best to travel to a specific destination.

    • I work as an office manager and I like decision trees for how I answer phone calls. We are a small business but we have three different departments. Often, the managers for the departments will be out of the office so I try to gather as much information as possible to direct the person to the proper department. Decision trees help me know what question and information I need to get next.

    • Decision Trees are clear and simple in the way that they can help break down complex business rules into easy to read diagrams. Using the same platform, decision trees can, literally be used to help understand and make everyday choices. I have tried to use this concept in everyday choices and home life. As a parent, there are a lot of “do this” and “don’t do that…unless this happens, then do this” and “if this occurs, it’s better if you do this”. There are no written rules for parenting or how to rear children. So a decision tree could be used to gather all the different “rules” and apply them to best fit your style of parenting.

    • As an accounting major, we can use decision trees to create more efficient systems to help manage costs. By outlining what goes on in the company, we can cut down and make more efficient processes which help in reduce spending. The accounting profession is becoming more analytical than just book keeping. Decision trees and information systems in general help with the validity of this field.

    • A decision tree is very useful when designing a desktop or mobile app. One of the most important components of designing an app is the user interface or user experience design. Often times, a designer will construct a decision tree to determine how best to guide the user through the app. The decision tree allows the designer to make easier choices in UI/UX by tailoring each stage of the process to the user’s goals.

    • There are numerous occasions I find myself weighing out all my options to make a thorough decision from being a first time homeowner, parent and employee. A decision tree is a tangible tool to help weigh options with several possible outcomes. For example, in my job I was involved in several disaster recovery efforts. Our team had to implement a plan of action for our department in the event of an interruption of service. A decision tree would have been helpful in planning for each possible scenario.

    • I always have trouble making decisions in my own life, especially when the outcome of the decision is something I can’t change. Like the activity during class on Tuesday, I would use decision trees to make life decisions. Being able to look forward to the possibilities of certain decisions would really help to have a clear picture of how I can move forward.

      I work on a team of five people, and we have to influence the larger team that consists of over fifty people. I definitely think my team could utilize decision trees to better strategize on how we can connect with our team. We all have different personalities and some of us are better at connecting with certain team members than others may be. Utilizing decision trees we would more easily to present our strategy to our leaders.

    • There are countless situations in which decision trees would be helpful. Being an indecisive person can be difficult at times and creating a decision tree, mental or otherwise, could help with day-to-day planning in regards to what needs to be done and how to spend money wisely. In a professional setting, decision trees would be useful in training new employees. I was supposed to train a new employee in my department last night and had created a mental decision tree of sorts for how I was going to go about training, but, unfortunately, my trainee did not show.

    • Working in the marketing field, I can absolutely see decision trees working effectively when mapping out a plan for an existing or new client. Regardless if the account if for a website, PR or a development of a mobile application, we can apply the exact concept of a decision tree to each one. Mentally I already find myself mapping out the steps and thankfully for project management software, it can be mapped out even easier. But a decision tree would make things easier to see on paper to avoid as many mistakes as can happen without seeing a project in writing from point A to point B.

    • I think decision trees are one of the most useful things we’ve discussed in class thus far. I could use a decision tree for almost anything, and run through mental ones all the time. I could create several to go through various processes in my day-to-day responsibilities at work, which is helpful for training new employees and giving supervisors a look into how it’s done. Making one would also help make sure I wasn’t skipping any important steps in the process.

    • I think that decision trees are very useful in all business fields in addition to information systems. For example, when implementing a new marketing strategy for a brand, one could develop a decision tree to determine the advantages and disadvantages of each decision when implementing the strategy. Even outside of the business world, one can use a decision tree for personal decisions such as a job hunt or spending money.

    • I feel like a decision tree is useful in so many different situations. I think it could be especially useful in the banking industry. The banking industry utilizes many different services in order to track the flow of money. It can be used to show how the flow process works, which accounts the money could come out of (i.e. savings/checking), who is responsible for certain cases, and many more ways. Because banks have so many components that go into making sure their customers money is safe and easily accessible to them if need be as well as keeping track of credit/debit cards and many other situations, a decision tree can be an easy way to be able to look at the flow of all of these components and how they can work together to provide a more efficient service.

  • Hi!  Here’s the link to the Class Capture for Sam’s Justinmind overview:


  • Leave your response as a comment on this post by the beginning of class on January 31, 2016. Your response only needs to be about three or four sentences. These weekly questions should reinforce class […]

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