1. The
Go-Forward strategy encompassed of an assortment of interrelated, simultaneous
actions. The initial version of the general strategy possessed the advantage of
restoring Continental (CO) to their previous profitability as well as offering
it first-place rankings by numerous airline industry metrics. The subsequent
segment of the strategy resulted in savings of $41 million in addition to a
lessening of $7 million in fraud in the initial year alone. The company’s
revenue grew by more than $500 million in six years. The implementation of the
data warehouse exerted a decisive role in the second phase. The implementation of the strategy aided
Continental Airlines set up more actionable means of altering their industry position
from most awful to first and from first to desirable (Turban, Sharda&Delen,
2013). It further ensured that technology was an increasingly vital attribute
in supporting the new initiatives. The implementation of the strategy generated
considerable strategic value as well as cost Reduction.
2. The
traditional data warehouse is employed for premeditated decisions as well as
tactical while an RDW is employed for strategic, tactical and sometimes
operational decisions. The consequences of employing a TDW can be difficult to
gauge, the results of using an RDW, on the other hand, are calculated by
operational data. Adequate TDW
invigorate rates array from daily to monthly while the RDW data, on the other
hand, has to be must be up to the minute. The TDW summaries are frequently
suitable while RDWs have to provide detailed data. TDWs characteristically
utilize restraining reporting to corroborate or confirm patterns, habitually
predefined outline tables while RDWs requires supple, ad hoc reporting. The
traditional data warehouse ensures that there is the movement of the data from
the airline’s operational databases to the DW on a programmed basis,
characteristically daily or weekly. The attribute offers a dependable data for
analysis carried out during one renew cycle but fails to make contemporary data
accessible for the decisions that necessitate it (Turban, Sharda&Delen,
2013).The possession of real-time DW, as was adopted at CO, guarantees that
data moves into the DW on an hourly yet more recurrent basis.
3. It
is imperative that an airline to uses real-time data warehouse as most of the
airline decisions cannot be reached with the use of week-old, or even day-old,
data. The best example is that of the frequent flyer honor accessibility on a
certain flight. Airlines ensure that these are limited to guarantee that they
do not give away very many seats that would be sold. The award seat allotment
is frequently automated. Travelers thus can assess the availability online.
American Airlines amongst others provide prolonged award accessibility to the
people who fly at least 100,000 miles annually with them (Turban,
Sharda&Delen, 2013). On the occasion that one of these wants a reward seat
that is not accessible online, they can ask for it by phone. The agent has to
make a decision on whether or not to make the seat available.
4. The
decisions that Continental executives will make via the use of the real-time
data is going to affect the power of the customers positively in that they are
going to enhance the satisfaction of their customers, increasing their number
and thus less powerful in impacting their prices. The use of the real-time
system is going to ensure that the airline develops strong relationships with
their clients, possess a small as well as competent data warehouse staff as
well as record improvements in customer value performance (Magretta, 2013).
These attributes will ensure that the airline recruits a huge base of contented
customers who get value for the money they purchase the different services from
continental airlines.
Sherry Roberts is the author of this paper. A senior editor at Melda Research in research paper services if you need a similar paper you can place your order for cheap research paper services.
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