Cookies help us display personalized product recommendations and ensure you have great shopping experience.

By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
SmartData CollectiveSmartData Collective
  • Analytics
    AnalyticsShow More
    unusual trading activity
    Signal Or Noise? A Decision Tree For Evaluating Unusual Trading Activity
    3 Min Read
    software developer using ai
    How Data Analytics Helps Developers Deliver Better Tech Services
    8 Min Read
    ai for stock trading
    Can Data Analytics Help Investors Outperform Warren Buffett
    9 Min Read
    media monitoring
    Signals In The Noise: Using Media Monitoring To Manage Negative Publicity
    5 Min Read
    data analytics
    How Data Analytics Can Help You Construct A Financial Weather Map
    4 Min Read
  • Big Data
  • BI
  • Exclusive
  • IT
  • Marketing
  • Software
Search
© 2008-25 SmartData Collective. All Rights Reserved.
Reading: BI 2010 – Making BI more strategic
Share
Notification
Font ResizerAa
SmartData CollectiveSmartData Collective
Font ResizerAa
Search
  • About
  • Help
  • Privacy
Follow US
© 2008-23 SmartData Collective. All Rights Reserved.
SmartData Collective > Business Intelligence > BI 2010 – Making BI more strategic
Business Intelligence

BI 2010 – Making BI more strategic

JamesTaylor
JamesTaylor
4 Min Read
SHARE

I have just opened ITWeb’s BI 2010 in Johannesburg talking about decisions and importance of decision making in making BI matter (I will post my slides later). Great audience, nearly 200 people with a strong showing from end user customers (75%) and, very interestingly, nearly half considered themselves business / IT straddlers which is a great trend.

The next session, although focused on BI, was very relevant to decisioning and decision management. Martin Rennhackkamp spoke on strategic BI and focused on a number of critical things that help you make BI more strategic:

  • Understand the strategic business objectives, make sure you understand them and focus on how BI can support them
    This is absolutely critical in my opinion. If you don’t understand your business and how your BI investments can support it then you cannot possibly make good investments in BI. I particularly liked how he mapped business objectives to BI initiatives...

More Read

SOA for Process and Data Integration
How Social BI and Data Analytics Professionals Used Twitter in January
Looking at dashboards and ROI
A single version of the truth?
Data Design Is Not Optional

I have just opened ITWeb’s BI 2010 in Johannesburg talking about decisions and importance of decision making in making BI matter (I will post my slides later). Great audience, nearly 200 people with a strong showing from end user customers (75%) and, very interestingly, nearly half considered themselves business / IT straddlers which is a great trend.

The next session, although focused on BI, was very relevant to decisioning and decision management. Martin Rennhackkamp spoke on strategic BI and focused on a number of critical things that help you make BI more strategic:

  • Understand the strategic business objectives, make sure you understand them and focus on how BI can support them
    This is absolutely critical in my opinion. If you don’t understand your business and how your BI investments can support it then you cannot possibly make good investments in BI. I particularly liked how he mapped business objectives to BI initiatives, showing how much of what the objective needs is delivered by each. This allows you to see which ones matter and where you have holes.
  • Focus on crucial business processes
    Again, good advice and I liked his focus on operational processes. Not only should people identify the data that flows through those processes but they should also ask if the processes getting the information they need to make the right choices, the right decisions. Especially, are the people executing these operational processes getting what they need.
  • BI to the masses
    It is critical for information to flow down to everyone on the floor – pervasive and operational. And important not to buy the tools without thinking about how this works.
  • Master measure management
    Liked this phrase. Bring KPIs into the picture, linking KPIs to operational behavior and data. Understand how different roles need to consume information and analytics and how all this maps to company objectives and measures. Focus most of your effort on measures that the consumer of a measure has control over and to which they contribute. As I said once perforce, a dashboard should do more than just raise your blood pressure!

Link to original post

TAGGED:business intelligencekpis
Share This Article
Facebook Pinterest LinkedIn
Share

Follow us on Facebook

Latest News

business recovering from data loss
How Data-Driven Businesses Protect MySQL Databases from Shutdown
Big Data Exclusive
ai driven task management
Reducing “Work About Work” with AI Task Managers
Artificial Intelligence Exclusive
data center uptime
Why Rodent-Resistant Conduits Are Critical for Data Center Uptime
Big Data Data Management Exclusive Risk Management
big data and AI
The Intersection of Big Data and AI in Project Management
Artificial Intelligence Big Data Exclusive

Stay Connected

1.2KFollowersLike
33.7KFollowersFollow
222FollowersPin

You Might also Like

Top 9 signs your BI project isn’t user-friendly

8 Min Read
business intelligence for exhibitions
Data Collection

Crucial Benefits of Collecting and Analyzing Data for Modern Businesses

16 Min Read

Right Time Business Optimization

8 Min Read
analytics
AnalyticsBig DataPredictive AnalyticsR Programming LanguageStatistics

Revolution Analytics CEO: Big Data Is a New Management Discipline

8 Min Read

SmartData Collective is one of the largest & trusted community covering technical content about Big Data, BI, Cloud, Analytics, Artificial Intelligence, IoT & more.

giveaway chatbots
How To Get An Award Winning Giveaway Bot
Big Data Chatbots Exclusive
data-driven web design
5 Great Tips for Using Data Analytics for Website UX
Big Data

Quick Link

  • About
  • Contact
  • Privacy
Follow US
© 2008-25 SmartData Collective. All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?