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Added for You - Business Intelligence Strategy
"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
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 o
Direct-mail marketing works for so many things and it works in nearly all types of businesses. Targeted direct-mail advertising works the best for retailers who pick a specific zip code or zone where they believe their customers to be. Generally they will send out direct-mail marketing pieces within a 10-mile or 15-mile radius of their retail establ
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
Dreams have a poetic integrity and truth. . . . These whimsical pictures, in as much as they originate from us, may well have an analogy with our whole life and fate. - Ralph Waldo EmersonMy fascination with dreams began nearly two-and-a-half decades ago when, seemingly out of nowhere, 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 o
If you have been given the job of finding a conference hotel, you'll know that this can seem to be a daunting task. Whether it's for a sales conference, a seminar you are holding or any other reason, you need to be sure that the your chosen conference hotel is up to the job.Whenever possible, you should make arranIf you have been given the job
- 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 o
If you went to see your doctor, and he mentioned a particular over the counter drug to you, or a particular type of food that was healthy, chances are, you would listen to this advice, than go out and buy the product.Why is it that when a doctor recommends a product, people buy it without any hesitation, without talking it over with their spous
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 o
In an uncertain global economy, when employers and employees feel no loyalty to one another and rarely look out for one another’s interests, entrepreneurship can seem like a dream come true. However, not all personalities are ideal for the entrepreneurial lifestyle. Though there may be more than one path to entrepreneurial success, these five traits
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 place.
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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