Empowering Business Intelligence with Consistent Business Intelligence Strategies
The popularization of business intelligence across major to minor enterprises is not an economic phenomenon, rather it’s a response of business decision-makers to empower crucial elements that make a business competitive. Instead of investing time in meetings that do not entail financial returns, business intelligence swoops down the scene to make this little “engaging” activity a bit less time-consuming or trivial.
As far as executives are concerned, BI doesn’t move on its own and the implementation of business intelligence strategies to superimpose the efficiency of BI is needed for a more agile or productive series of entrepreneurial growth. Creating a BI strategy should highlight the following discussions:
1. Is our business intelligence platform good enough? – The acquisition of any business intelligence software is a risky investment that companies do not really understand. It’s a collaborative effort in which contributions from every employee is recommended, since BI software are embedded piece of digital knowledge that controls the dataflow of customer relationship management (CRM) and employee productivity.
Identifying the core strength of a particular BI software is highly recommended and in fact, it should be included on the priority list because the software does “a huge portion” of the work. BI software are the test tube; it’s the main screen used by employees to organize, validate, and process data into more meaningful chunks of usable corporate knowledge.
2. Is the IT department equipped with the appropriate savvy to manipulate our brand of BI implementation? – One of the reasons why business intelligence fails is because the IT department is not equipped with the necessary weapons to diagnose BI as an integral corporate solution in strengthening operations.
The software or application is indeed visible, but do the guys inside the server room know or understand in upgrading it? Implementing BI strategies should also cover the depth of familiarity of IT personnel because honestly, it’s frustrating enough to expend money on upgrades and fixes associated with business intelligence software and solutions.
3. Do we actually need BI to get things done? – Finally, a BI strategy is not needed if a business operates within a local scale; competition in this entrepreneurial sector is generally low.
Paulheen Grish - About Author:
Paulheen Grish is a business intelligence software specialist based in Malaysia. She works to provide clients with powerful business intelligence consultancy and diagnoses BI problems with fast-acting solutions and battle-tested advice.
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