| Why a Business Intelligence strategyDeveloping your | | | | Different business intelligence tools address these |
| Business Intelligence Strategy involves first considering | | | | factors in different ways. Reporting delivers regular, |
| your organizations vision and mission. Melding the | | | | timely information, with the ability to author reports or |
| corporate strategy with your business intelligence | | | | queries to get specific details. OLAP analysis, with its |
| strategy will make a winning combination. | | | | multiple dimensions, allows you to compare and |
| Business Intelligence Elevator Speech | | | | contrast information against time and other factors to |
| To get key players on-board with your BI initiative you | | | | uncover trends. Scorecarding presents your key |
| need an 'elevator speech'. This allows you to quickly | | | | performance metrics and whether you've cross |
| give stakeholders your idea. Your elevator speech | | | | pre-determined thresholds. Executive (Data) |
| should be: "Business Intelligence allows data to be | | | | dashboards put information in context, and in an |
| transformed into knowledge that fuels business | | | | easy-to-understand format. |
| growth. Business Intelligence allows better, more | | | | Precursors to implementing BI |
| informed and faster decisions." | | | | The underlying pool(s) of data need to be trusted. For |
| Key players | | | | companies to realize successful business intelligence |
| There are a number of key players to include in your | | | | user's must trust the data. Many companies have |
| Business Intelligence strategy and initiatives. | | | | pockets of data that are considered trustworthy. This |
| - Leadership Key | | | | trust can be spread to other data by instilling data |
| - Decision Makers | | | | quality methodologies and also by implementing |
| - Business Analysts | | | | granular data security. This can be accomplished by |
| - Information Technology | | | | mapping key information/data. Then creating data |
| - Other stakeholders | | | | integrity rules/processes on this key data. Through this |
| Essential Elements of Business Intelligence | | | | mapping of key data you will identify security rules |
| - Good information | | | | which can be programmed at the source of the data, |
| - Secure information | | | | rather than the individual applications and reporting |
| - Accessible information | | | | systems that ride on top of the data. Define it one |
| - Analytically structured information | | | | time, one place. |
| Goal of Business Intelligence: enable better, more | | | | If you are interested in learning more about business |
| informed and faster decisions | | | | intelligence check out I continuously blog about topics |
| How do we enable better, more informed and faster | | | | such as business intelligence strategy, tools and best |
| decisions | | | | practices. |