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
    predictive analytics risk management
    How Predictive Analytics Is Redefining Risk Management Across Industries
    7 Min Read
    data analytics and gold trading
    Data Analytics and the New Era of Gold Trading
    9 Min Read
    composable analytics
    How Composable Analytics Unlocks Modular Agility for Data Teams
    9 Min Read
    data mining to find the right poly bag makers
    Using Data Analytics to Choose the Best Poly Mailer Bags
    12 Min Read
    data analytics for pharmacy trends
    How Data Analytics Is Tracking Trends in the Pharmacy Industry
    5 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

In A Down Economy, Companies Turn To Real-Time Analytics To Track Demand — Forecasting Demand
Bad economics are difficult to shake off
Incremental Progress and Rock Climbing
Marketing Executives Aren’t Ready for the Social Explosion of Data
Editing Guide for AI-Driven YouTube Video Creators

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

street address database
Why Data-Driven Companies Rely on Accurate Street Address Databases
Big Data Exclusive
predictive analytics risk management
How Predictive Analytics Is Redefining Risk Management Across Industries
Analytics Exclusive Predictive Analytics
data analytics and gold trading
Data Analytics and the New Era of Gold Trading
Analytics Big Data Exclusive
student learning AI
Advanced Degrees Still Matter in an AI-Driven Job Market
Artificial Intelligence Exclusive

Stay Connected

1.2kFollowersLike
33.7kFollowersFollow
222FollowersPin

You Might also Like

Analytics: Not About Saving Time

7 Min Read

Please complete: “There are things known and things unknown and in between …”

4 Min Read

The ‘Big Data’ Buzz – Revolution or Evolution?

6 Min Read

Analytics Moves To The Core: Reporting from the Gartner Summit

5 Min Read

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

ai in ecommerce
Artificial Intelligence for eCommerce: A Closer Look
Artificial Intelligence
ai is improving the safety of cars
From Bolts to Bots: How AI Is Fortifying the Automotive Industry
Artificial Intelligence

Quick Link

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

Sign in to your account

Username or Email Address
Password

Lost your password?