Wednesday, October 14, 2009

Strategic Business Intelligence and Analytics in Healthcare - WUSS 2009


Wednesday, July 2, 2008

The Evolution of Business Intelligence Leadership - Part 3

This is part of a series on The Evolution of Business Intelligence Leadership (click here to read the entire series).

The previous articles in this series alluded to the enterprise strategy and structure required for successful implementation of business intelligence. Is there a tried-and-tested one-size-fits-all strategy which will work? Unfortunately, the answer is NO. However, there is strong linkage between successful business intelligence projects and execution excellence. Most companies which are "good" at execution have similar characteristics. Interestingly, there is a timely article published in the Harvard Business Review June 2008 issue entitled "The Secrets to Successful Strategy Execution." I would strongly urge you to read the article carefully if you are considering deploying a business intelligence initiative. The article talks about what matters most to strategy execution. Counter to conventional wisdom, restructuring or motivating incentives are not the most popular methods. Here's the list of building blocks with % respondents in parentheses:

  • Information (54%)
  • Decision Rights (50%)
  • Motivators (26%)
  • Structure (25%)

Remarkably, the top 8 of the top 10 traits of organizational effectiveness fall in the first two categories – Information and Decision Rights. Isn't that all about business intelligence? See list below:

Rank

Organization Trait

Building Block

Strength Index

1

Everyone has a good idea of the decisions and actions for which he or she is responsible.

Decision Rights

81

2

Important information about the competitive environment gets to headquarters quickly.

Information

68

3

Once made, decisions are rarely second-guessed.

Decision Rights

58

4

Information flows freely across organizational boundaries.

Information

58

5

Field and line employees usually have the information they need to understand the bottom-line impact of their day-to-day choices.

Information

55

6

Line managers have access to the merits they need to measure the key drivers of their business.

Information

48

7

Managers up the line get involved in operating decisions.

Decision Rights

32

8

Conflicting messages are rarely sent to the market.

Information

32

9

The individual performance-appraisal process differentiates among high, adequate, and low-performers.

Motivators

32

10

The ability to deliver on performance commitments strongly influences career advancement and compensation.

Motivators

32


Friday, May 23, 2008

Business Intelligence Performance Management Group

I created an online group on the Scribd.com web site for knowledge sharing in the area of Business Intelligence Performance Management. If you are interested in the area, I highly recommend you join the group. There is a huge collection of useful documents. I will make every effort to keep the collection relevant and growing steadily.

Go to: Business Intelligence Performance Management Group

Sunday, May 18, 2008

SAS - Business Intelligence

It seems like SAS has been around forever. Even though the company has focused on the analytic community in the past, today, it is an entirely different company. I have seen its breadth of products grow. It has also started adopting open standards. Have a read of their Business Intelligence offering, read the following article:
brochure - Upload a doc
Read this doc on Scribd: brochure

Wednesday, February 13, 2008

Enterprise Performance Management

In my conversations with several professionals in the field of Business Intelligence & Performance Management I am observing an upsurge in the need for Performance Management. This article clarifies this new emerging area click here.

Monday, August 20, 2007

Wikipedia on Business Intelligence

There are several resources on the 'net having information on Business Intelligence. Wikipedia (I love it) has its BI content at Wikipedia on Business Intelligence.

Friday, May 11, 2007

Business Performance Management

I have already written about the challenge corporations face with dealing with Business Intelligence from an organizational structure perspective. Even though most of it relies heavily on the technology division for deployment it has to be a business initiative. BI has been straddling the fence between business and technology. I have been studying awareness and adoption of Business Performance Management (BPM) over the past several months. The increasing trend of business users and technology vendors deploying dashboard, scorecard, alerting and monitoring products is a sign of BI maturity.

BPM has always been the true promise of BI.

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