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
    cybersecurity efforts
    How Behavioral Analytics and AI Are Redefining Cybersecurity for Boca Raton Businesses
    14 Min Read
    data driven risk management in heatlhcare
    How Data Analytics Is Changing Healthcare Risk Management
    17 Min Read
    big data and customer service outsourcing
    How Data Analytics Improves Customer Service Outsourcing
    18 Min Read
    How a Specialized Marketing VA Improves Campaign Analytics
    How a Specialized Marketing VA Improves Campaign Analytics
    11 Min Read
    New Data Analytics Breakthroughs Give eCommerce Startups a Fighting Chance
    New Data Analytics Breakthroughs Give eCommerce Startups a Fighting Chance
    6 Min Read
  • Big Data
  • BI
  • Exclusive
  • IT
  • Marketing
  • Software
Search
© 2008-25 SmartData Collective. All Rights Reserved.
Reading: Why thinking about decisions should be a BI best practice
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 > Why thinking about decisions should be a BI best practice
Business Intelligence

Why thinking about decisions should be a BI best practice

JamesTaylor
JamesTaylor
3 Min Read
SHARE

I was struck today by a short but effective Information Builders PowerPoint – Four Worst and Four Best Practices in Business Intelligence. I really liked the worst practices – especially the one about assuming that business people have the skills or time to learn to use a BI tool.

I was struck today by a short but effective Information Builders PowerPoint – Four Worst and Four Best Practices in Business Intelligence. I really liked the worst practices – especially the one about assuming that business people have the skills or time to learn to use a BI tool. I blogged not long ago about the problem that most people are not very good at math and this is just as true when considering BI more generally as when thinking about data mining and analytics.  It’s also true that many of the people targeted by BI tools don’t have the time to use drill-down and analysis tools. Think about the folks in the call center – they want answers, not an ability to explore, so that they can finish the call. This is why it is important to think about the decisions involved and who you want making them. Knowing the decision and the decision maker will help you determine if you need BI tools to help decide or analytics and rules to automate that decision. And remember, just because someone passes on the result of a decision does not mean that the same person is qualified to make the decision. A call center representative might be the one to pass on a denial of a refund for instance but you might want someone else to decide which refunds get denied. Automating the decision can allow one person to control how the decision is made while others pass on these decisions.

I was also struck by the worst practice of selecting a BI tool without a specific business need. I spoke about this when I presented in South Africa earlier this year. If the reason you buy a BI tool is just to have BI then you probably aren’t helping your company as much as you could be. Understand the business drivers – the decisions that must be made, the reports required for compliance – and you will do better. You can check out the slides and audio from this presentation on my website – Does BI Matter? (large file warning)

And this brings us back to my favorite Best practice – identify your business need upfront. Or, I would say, begin with the decision in mind.

More Read

Intel’s Next Generation Chip Architecture
Avoid Screwing Up Predictive Analytic Projects
The emergence of the mega-tech vendor economy
OLTP meets OLAP, BI Conferences, Sybase Who? And Other News
Automate the Boring But Essential Parts of Your Data Warehouse

 

Copyright © 2010 http://jtonedm.com James Taylor

Syndicated from BeyeNetwork

TAGGED:Decision Making
Share This Article
Facebook Pinterest LinkedIn
Share

Follow us on Facebook

Latest News

cybersecurity efforts
How Behavioral Analytics and AI Are Redefining Cybersecurity for Boca Raton Businesses
Analytics Artificial Intelligence Exclusive Security
data driven risk management in heatlhcare
How Data Analytics Is Changing Healthcare Risk Management
Analytics Exclusive
big data for non-QR lending in real estate
How Real Estate Investors Can Use Big Data for Non-QM Lending
Big Data Exclusive
ai video ad generation
How to Build High-Performing Ad Creatives with an AI Short Ad Video Maker?
Artificial Intelligence

Stay Connected

1.2KFollowersLike
33.7KFollowersFollow
222FollowersPin

You Might also Like

data visualization platforms
Big DataData VisualizationExclusive

New Big Data Visualization Platforms Help You Optimize Decision Making

6 Min Read

Hidden Decision Trees – A Better Approach to Scoring

2 Min Read

How Will We Make Decisions in the Future?

4 Min Read

Why Making a Rational Argument to Power Can Fail…

3 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 chatbot
How AI Website Chatbots Improve Customer Support and Lead Generation
Chatbots Exclusive
ai in ecommerce
Artificial Intelligence for eCommerce: A Closer Look
Artificial Intelligence

Quick Link

  • About
  • Contact
  • Privacy
Follow US
© 2008-26 SmartData Collective. All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?