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Write You - Business Intelligence Strategy
"The other part of outsourcing is this: it simply says where the work can be done outside better than it can be done inside, we should do it." ~~ Alphonso Jackson -- Secretary of United States Department of Housing and Urban DevelopmentIs Software Outsourcing the Answer to Your Software Problems?Figuring out whether or not
"PRAISE LOUDLY, BLAME SOFTLY" - Catherine the GreatIn a Leadership position, the pressure to perform is ceaseless. Hitting your numbers. Achieving your goals. Meeting your metrics. That's what's expected quarter after quarter. But, why is the race getting more intense? Why does each day seem like a perpetual revved-up Indianapolis 500? A
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. D
Definition: A shelf company is a company which has been created but has ceased trading. Its memorandum and articles can be bought 'off the shelf'. source: ANZ Bank Financial DictionaryBack in the 'good old days', it took quite a while to create (or incorporate) a company. Yet, people often needed a new company A
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.
In a time of dot.com fallout, mergers, reorganizations and downsizing how is it that a host of IT and IS professionals consistently propel their careers upward and others take a series of lateral moves? They may be thinking like a technology expert and not like a business partner.In a recent survey by RHI Consulting, 97 percent of CIO's indicat
- 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.
I remember having a cluttered closet full of stuff and just wanting to get rid of it. I would think of making a garage sale, but the only problem was that I did not have a garage. I was living in a small apartment and could not pull off the conventional garage sale.An excellent way to go around that, is to place free ads online with classified
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.
Soda vending machines come in a number of sizes. You can get soda vending machines in a system that holds just four or six selections, or you can get machines that dispense dozens upon dozens of cans. Choose a smaller size if you’re looking to save money or space. Choose a larger size if you think the customers will be diverse enough in their tastes,
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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