Use of IT to your advantage : Higher Education

Concerning the blogpost,i decided that the summary be phrases that are self explanatory from each of the 3 articles that summarizes its content. Here are some of the few phrases from the articles that i feel are important to remember:

Disruptive Innovations

• organizations customarily develop mind-sets and processes that revolve around doing what they already know. Once that pattern becomes established, managers have great difficulty justifying to others or even themselves the need to turn their processes upside down to respond to a barely emergent market change. By the time the threat is apparent, however, it’s usually too late; upstart companies have seized a substantial lead.

• the first thing is to look at disruptive technology as a growth opportunity and not as a threat.

• a disruptive technology enables a larger population of less skilled people to do things that historically only an expert could do.

• The disruptive technology almost always takes root in a very undemanding application, and the established market leaders almost always try to cram the disruption into the established application. In so doing, they spend enormous amounts of money and fail.

• find customers who would be delighted to have even a crappy product because it helps them do what they’re already trying to do better

Competing On Analytics

• 3 key attributes among analytics competitors

-widespread use of modeling and optimization
-an enterprise approach
-senior executive advocates

• sources of strength of organizations
  

>analytics competitors must choose where to direct resource-intensive efforts.
>the right culture
>the right people
>the right technology

Business Intelligence

• BI now encompasses the use of data to derive insight and gain a competitive advantage.

• BI tools must help all users detect patterns and changes in those patterns in the easiest, most intuitive and timely way.

• Business intelligence solutions with rapid response times enable information workers to interact with their systems in an iterative manner to enable the right decisions at the right time.

• The demand for BI solutions to be embedded within business processes and interact directly with operational systems is increasing. Businesses can then react quickly to important events and identify the cause and effect relationships that are key to long term success. more closely to business processes can support strategy Additionally, business intelligence solutions that are tied and utilize enabling technologies much more effectively.

• By integrating real-time decision making with mission critical business processes, companies can ensure that they are serious contenders within the innovation-driven world of the 21st century.

I posted these lines from those articles because it is applicable to the industry of higher education. Being that people have biases when it comes to higher education, all the more do these schools have to take advantage of innovations, business intelligence and analytics. Philippines has a high annual college graduate rate and yet there are only four major schools that really stand out,namely: De La Salle, Ateneo de Manila, UP and UST.

As mentioned from the link on disruptive innovations., most businesses that are successful have a tendency to relax and eventually, it will come to a point that they are toppled by the ones that they considered as a threat. Innovations considered as a threat might be the opportunity the school is looking for. As the interviewee was trying to point out, even the simplest innovations make a big difference in the market as it creates new opportunities and markets. Also, the idea that investments = instant revenues is not always true. With his example on Kodak, the large investments to add new applications to an existing one did not necessarily proved to be profitable as hoped for. same way this could be applied to systems in universities. a university may have the monetary advantage over the others but that doesnt really mean that they can invest on a particular aspect and expect greater revenues and returns on investment. It all boils down to how universities adapt to change and use change as their means to further themselves. Take for example, online degrees that UP offers so that those who are working students may still have the opportunity to earn and study at the same time. some universities took that in mind and UP took action. When it comes to analytics and business intelligence, the universities must take action on how well they use their data to their advantage. they can go as much as do background checks on their students as to know which ones are likely to stay and those who might be gone the next term. Also, they not only look towards their clients but towards the structure of their university as well. Yes its the clients/students that generate revenues but its the people inside, the culture they promote and the continuity and movement due to technology is a big factor to consider as well. Business intelligence then comes into play as a major contributor to decision making being that business intelligence tools helps rationalize and provide solutions quickly at the right moment. This is applicable to universities especially during enrollment periods and unpredictable events such as the dreadful ahn1n1 virus that suspended classes until june15 (17?). Business intelligence helps those universities to be able to take action and provide solutions which probably will have short term effects on the university but may be the key to long term success.

In my opinion, business intelligence, analytics and disruptive innovation does play a very big role in modern day business. It is a trend in which every business should follow. especially now that networking and information is, as how i interpret it, the backbone of the business world today. Yes, it has definitely MANY advantages. It would be unwise not to follow the trend as it provides companies a relatively high percentage success rates. One of those advantages will be that the company bridges the gap between client and server. the company knows more about their clients and in turn knows how to satisfy their clients thus providing them great feedbacks and high probability of retention of clients. Although, we must also see, that relying on business intelligence and competitive analytics might have a few drawbacks. Companies become more and more dependent to it. The more data out there, the more companies have to spend to keep up. And, for me, dependency is always a sign of instability even though it may not seem to be, at some point in time it will be.

:the blog post is part of our class activities in data mining
Prof. Ramon Duremdes Jr.
dlsc

datamin

something about myself?
-my name is reuben mesa. im 21yrs old and 4th year here in DLSC. im addicted to climbing even though i wont reach the competitive level of climbing and i have many sidelines when it comes to work. some of my sidelines include being a partner of a company acting as a subdistributor of drinks ( alchoholic beverages) in the south area and teaching wall climbing.
something about my studies?
-i graduated HS, batch 2004 in OB Montessori Center Inc. Las Pinas. I entered DLSU-Taft enrolling as a ECM-BMG student. After 2yrs, i transferred to DLSU-Canlubang as a BSBA-M student. Now, as a 4th year student, im currently taking up 5 of my remaining 7 academic subjects.
something about my school?
-la salle is a school known to be one of the best in the Philippines. Im lucky to be studying in la salle, proud but not too ardent about it like some of the radicals out there. its ok to be passionate and all, its just too much sometimes.
something about datamining class
-nothing much to say really. im still a bit clueless on what its all about. from what i understand,its like predicting what will happen next by understanding the data now...or something like that..maybe next lesson i'll get it.



mon learning
dlsc