10 February 2009

Today's B.I. class:

Strategy:
short term advantage means that competition can easily copy it.
long term advantage means that it is difficult to copy. Thus creating distance from competition.

In project think of what is the long term advantages of the business.

From data to knowledge:
Data - out of context
Information - relationships between data
Knowledge - patterns between data

Porter's 5 Forces:
the knowledge of the market.

Next week: answer "What is Wisdom"?

Elements of CIS
- Hardware (machine)
- Software (machine)
- data (the pivot between machine and human)
- people (human)
- procedures (human)

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Teams:
This is going to be interesting . . .we're already down 2 players in this group of 4. Stay tune!



3 comments:

Oliver Oreo said...

HUH?!

Tappy said...

LOL, I thought you'd be interested in what I was learning. So I started typing up my notes here. Think of it as continuing education. You can learn for free!

Oliver Oreo said...

learn what? I didn't get any of it. >_<