INF10003: INTRODUCTION TO BUSINESS INFORMATION SYSTEMS Assessment 3: Business Report 2 1
Executive Summary This report aims to provide Balogne Pty. Ltd. recommendations in making strategic decisions based on future projections that will help the company to maintain its competitive advantage and continued growth in the future. With the aid of technologies, the business world has shifted from an industry-economy to knowledge-economy and it is crucial for company to understand the importance of knowledge management in business operations. An effective knowledge management will not only enhance the overall business performance and facilitates the decision-making process, it will also create a conducive environment that encourage innovations within the company. An overview of the future projections and growth/loss for year 2015 to year 2017 is shown in the graphs and table. This information, gathered and analysed by using business intelligence tool, will aid Balogne Pty. Ltd.'s general manager in making better informed business decision. Analysis of the bargaining power of supplier, one of Porter's Five Forces, suggests that the company should manage and maintain a favourable relationship with suppliers to ensure continual support that will secure business growth. All business, large or small, deals with numerous sensitive and crucial data on a daily basis. Data security should be a key concern for Balogne Pty. Ltd as security breach can be detrimental and potentially have a negative impact on the company reputation, not to mention the high cost to remediate if security breach happens. 2
Table of Contents Executive Summary. 2 Table of Contents 3 Introduction 4 Balogne Pty. Ltd. Business Report. 5 Knowledge Management and Business Intelligence. 5 Balogne Pty. Ltd. Sales Forecast Findings 2015 - 2017 6 Porter's Five Forces Model 9 Supplier Power Analysis. 9 Security 10 Potential Threats and Ways to Secure Data Security. 10 Conclusion 12 Reference Lists 13 3