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Will You Add? - Business Intelligence Strategy
If criminal law is your passion, there is little doubt that you will be well suited for the law arenas that it enforces. For those that are looking for a major, it is wise to study this area of the law. In criminal law, The People can punish the criminal based on what he or she ahs done against the state. There are often less indications of victims
Merger ProblemsAs evidenced by the results of the merger mania of the 90s, many industry experts believe, as was the case in the previous decade, that as many as 80% of acquisitions do not succeed, resulting in billions of dollars invested in failure. Because the majority of acquisitions do not meet the original goals and objectives of the acqu
Developing your Business Intelligence Strategy involves first considering your organizations vision and mission. Melding the corporate strategy with your business intelligence strategy will make a winning combination.
Business Intelligence Elevator Speech
To get key players on-board with your BI initiative you need an 'elevator speech'. This allows you to quickly give stakeholders your idea. Your elevator speech should be: "Business Intelligence allows data to be transformed into knowledge that fuels business growth. Business Intelligence allows better, more informed and faster decisions."
Key players
There are a number of key players to include in your Business Intelligence strategy and initiatives.
- Leadership Key
- Decision Makers
- Business Analysts
- Information Technology
- Other stakeholders
Essential Elements of Business Intelligence
- Good information
- Secure information
- Accessible information
- Analytically structured information
Goal of Business Intelligence: enable better, more informed and faster decisions
How do we enable better, more informed and faster decisions
Different business intelligence tools address these factors in different ways. Reporting delivers regular, timely information, with the ability to author reports or queries to get specific details. OLAP analysis, with its multiple dimensions, allows you to compare and contrast information against time and other factors to uncover trends. Scorecarding presents your key performance metrics and whether you've cross pre-determined thresholds. Executive (Data) dashboards put information in context, and in an easy-to-understand format.
Precursors to implementing BI
The underlying pool(s) of data need to be trusted. For companies to realize successful business intelligence user's must trust the data. Many companies have pockets of data that are considered trustworthy. This trust can be spread to other data by instilling data quality methodologies and also by implementing granular data security. This can be accomplished by mapping key information/data. Then creating data integrity rules/processes on this key data. Through this mapping of key data you will identify security rules which can be programmed at the source of the data, rather than the individual applications and reporting systems that ride on top of the data. Define it one time, one
Customer Service at new and used auto dealerships is a must to increase repeat business and referrals. In post customer purchases those dealerships, which constantly rated higher in satisfaction, had the biggest growth rates and indeed always out sold the other dealerships which did not. In fact even metro car dealerships were beaten out by rural dea
Key players
There are a number of key players to include in your Business Intelligence strategy and initiatives.
- Leadership Key
- Decision Makers
- Business Analysts
- Information Technology
- Other stakeholders
Essential Elements of Business Intelligence
- Good information
- Secure information
- Accessible information
- Analytically structured information
Goal of Business Intelligence: enable better, more informed and faster decisions
How do we enable better, more informed and faster decisions
Different business intelligence tools address these factors in different ways. Reporting delivers regular, timely information, with the ability to author reports or queries to get specific details. OLAP analysis, with its multiple dimensions, allows you to compare and contrast information against time and other factors to uncover trends. Scorecarding presents your key performance metrics and whether you've cross pre-determined thresholds. Executive (Data) dashboards put information in context, and in an easy-to-understand format.
Precursors to implementing BI
The underlying pool(s) of data need to be trusted. For companies to realize successful business intelligence user's must trust the data. Many companies have pockets of data that are considered trustworthy. This trust can be spread to other data by instilling data quality methodologies and also by implementing granular data security. This can be accomplished by mapping key information/data. Then creating data integrity rules/processes on this key data. Through this mapping of key data you will identify security rules which can be programmed at the source of the data, rather than the individual applications and reporting systems that ride on top of the data. Define it one time, one
When you plan the design of your trade show display, it is important to think of your trade show booth floor as your fifth wall. The flooring of your trade show booth should always complement-- and enhance-- the environment of your trade show display. In fact, your choice of flooring can add a third dimension to your trade show booth.When the
- Accessible information
- Analytically structured information
Goal of Business Intelligence: enable better, more informed and faster decisions
How do we enable better, more informed and faster decisions
Different business intelligence tools address these factors in different ways. Reporting delivers regular, timely information, with the ability to author reports or queries to get specific details. OLAP analysis, with its multiple dimensions, allows you to compare and contrast information against time and other factors to uncover trends. Scorecarding presents your key performance metrics and whether you've cross pre-determined thresholds. Executive (Data) dashboards put information in context, and in an easy-to-understand format.
Precursors to implementing BI
The underlying pool(s) of data need to be trusted. For companies to realize successful business intelligence user's must trust the data. Many companies have pockets of data that are considered trustworthy. This trust can be spread to other data by instilling data quality methodologies and also by implementing granular data security. This can be accomplished by mapping key information/data. Then creating data integrity rules/processes on this key data. Through this mapping of key data you will identify security rules which can be programmed at the source of the data, rather than the individual applications and reporting systems that ride on top of the data. Define it one time, one
How to Give Good Sonic Personality©We live in an age of metrics. Traditional and new media advertising agencies often substitute metrics for understanding. Mathematical models create the appearance of scientific analysis, when in fact they are often manipulated to support a preselected agenda. We all know data can be massaged to conform
Precursors to implementing BI
The underlying pool(s) of data need to be trusted. For companies to realize successful business intelligence user's must trust the data. Many companies have pockets of data that are considered trustworthy. This trust can be spread to other data by instilling data quality methodologies and also by implementing granular data security. This can be accomplished by mapping key information/data. Then creating data integrity rules/processes on this key data. Through this mapping of key data you will identify security rules which can be programmed at the source of the data, rather than the individual applications and reporting systems that ride on top of the data. Define it one time, one
There is a terrible disease that infects businesses. It can happen at any time to any company. The disease is “stale-itis”. It is an infection starts as a business stagnates and spreads when it becomes stale. Ideas and strategies that once were so current, even visionary, become tired; so last century. The staff, once so energetic and ambitious,
If you are interested in learning more about business intelligence check out oraclegiants.com. I continuously blog about topics such as business intelligence strategy, tools and best practices.
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