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
    New Data Analytics Breakthroughs Give eCommerce Startups a Fighting Chance
    New Data Analytics Breakthroughs Give eCommerce Startups a Fighting Chance
    6 Min Read
    How Data Analytics Is Reshaping Patient Financing Decisions
    How Data Analytics Is Reshaping Patient Financing Decisions
    13 Min Read
    business using business intelligence
    How to Use a Competitive Intelligence Dashboard to Turn Market Data Into Smarter Marketing Decisions 
    9 Min Read
    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
  • 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

First Look – RuleXpress
SQL Visualization in the Spreadsheet
Get Ready For These Six 2020 Business Intelligence Trends
KANA Acquires Sword Ciboodle: My Very Long (but Insightful) Take
More Amazing Social Media Statistics

 

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

New Data Analytics Breakthroughs Give eCommerce Startups a Fighting Chance
New Data Analytics Breakthroughs Give eCommerce Startups a Fighting Chance
Analytics Big Data Exclusive
data driven businesses
How Data-Driven Businesses Choose Storage That Reduces Risk and Drag
Big Data Exclusive
Operational Data Becomes Business Value in the Age of AIoT
Operational Data Becomes Business Value in the Age of AIoT
Big Data Exclusive Internet of Things
growth guide
Growing Smarter: The Role Of Strategic Partnerships From Startup To Scale
Infographic News

Stay Connected

1.2KFollowersLike
33.7KFollowersFollow
222FollowersPin

You Might also Like

Actionable Information Management Principles: People

8 Min Read

Improving customer interactions one decision at a time

4 Min Read

Predictive Analytics: 8 Things to Keep in Mind (Part 3)

5 Min Read

The Zero Latency Future is Now

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 is improving the safety of cars
From Bolts to Bots: How AI Is Fortifying the Automotive Industry
Artificial Intelligence
giveaway chatbots
How To Get An Award Winning Giveaway Bot
Big Data Chatbots Exclusive

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?