By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
SmartData Collective
  • Analytics
    AnalyticsShow More
    construction analytics
    5 Benefits of Analytics to Manage Commercial Construction
    5 Min Read
    benefits of data analytics for financial industry
    Fascinating Changes Data Analytics Brings to Finance
    7 Min Read
    analyzing big data for its quality and value
    Use this Strategic Approach to Maximize Your Data’s Value
    6 Min Read
    data-driven seo for product pages
    6 Tips for Using Data Analytics for Product Page SEO
    11 Min Read
    big data analytics in business
    5 Ways to Utilize Data Analytics to Grow Your Business
    6 Min Read
  • Big Data
  • BI
  • Exclusive
  • IT
  • Marketing
  • Software
Search
© 2008-23 SmartData Collective. All Rights Reserved.
Reading: Why thinking about decisions should be a BI best practice
Share
Notification Show More
Latest News
cloud-centric companies using network relocation
Cloud-Centric Companies Discover Benefits & Pitfalls of Network Relocation
Cloud Computing
construction analytics
5 Benefits of Analytics to Manage Commercial Construction
Analytics
database compliance guide
Four Strategies For Effective Database Compliance
Data Management
Digital Security From Weaponized AI
Fortifying Enterprise Digital Security Against Hackers Weaponizing AI
Security
DevOps on cloud
Optimizing Cost with DevOps on the Cloud
Cloud Computing Development Exclusive IT
Aa
SmartData Collective
Aa
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
Last updated: 2010/09/10 at 2:32 PM
JamesTaylor
3 Min Read
SHARE
- Advertisement -

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.

- Advertisement -

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

Big data and KPIs

Data-Driven KPIs Are Pillars For SME Decision Making In 2021

New Big Data Visualization Platforms Help You Optimize Decision Making
“Something is not Right!” – Don’t Ignore Your Gut When Analyzing Information
Considering IT Operational Decision Making as an Asset in Current Dynamics
Zero Latency: An Obsession with Velocity

 

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

Syndicated from BeyeNetwork

- Advertisement -

TAGGED: Decision Making
JamesTaylor September 10, 2010
Share this Article
Facebook Twitter Pinterest LinkedIn
Share
- Advertisement -

Follow us on Facebook

Latest News

cloud-centric companies using network relocation
Cloud-Centric Companies Discover Benefits & Pitfalls of Network Relocation
Cloud Computing
construction analytics
5 Benefits of Analytics to Manage Commercial Construction
Analytics
database compliance guide
Four Strategies For Effective Database Compliance
Data Management
Digital Security From Weaponized AI
Fortifying Enterprise Digital Security Against Hackers Weaponizing AI
Security

Stay Connected

1.2k Followers Like
33.7k Followers Follow
222 Followers Pin

You Might also Like

Big data and KPIs
Big DataExclusive

Data-Driven KPIs Are Pillars For SME Decision Making In 2021

5 Min Read
data visualization platforms
Big DataData VisualizationExclusive

New Big Data Visualization Platforms Help You Optimize Decision Making

6 Min Read
Image
Business IntelligenceData WarehousingDecision ManagementKnowledge ManagementUnstructured Data

“Something is not Right!” – Don’t Ignore Your Gut When Analyzing Information

7 Min Read

Considering IT Operational Decision Making as an Asset in Current Dynamics

7 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 chatbots
AI Chatbots Can Help Retailers Convert Live Broadcast Viewers into Sales!
Artificial Intelligence Chatbots Exclusive
ai is improving the safety of cars
From Bolts to Bots: How AI Is Fortifying the Automotive Industry
Artificial Intelligence Chatbots Exclusive

Quick Link

  • About
  • Contact
  • Privacy
Follow US

© 2008-23 SmartData Collective. All Rights Reserved.

Removed from reading list

Undo
Go to mobile version
Welcome Back!

Sign in to your account

Lost your password?