A BI strategy with passion and precision
As a director, BI manager, or consultant, you need to plot a Business Intelligence strategy (or BI policy) for the next few years. One that serves the ambitions of your organization, supports the latest technological developments, and takes advantage of (open) data possibilities. But you also know that a BI strategy has to be agile, because the world changes fast. These are the kinds of challenges you might face:
- The BI team is efficient using reports and dashboards, but doesn’t have the skills to work with Predictive Analytics and Big Data.
- The BI team has plunged into the data warehouse and lacks the business affinity to land on a new BI strategy, let alone execute it.
- End users are faster using BI self-service than the BI team, and more or less do as they please. They’re downloading QlikView, R, or Power BI, and are analyzing away.
- There’s no unifying vision for Business Intelligence, let alone one that carries across the entire organization.
- There is no holistic view for the meaning of BI, Analytics & Big Data – there’s miscommunication.
These are difficult challenges, but you’re not alone in them. Our BI consultants would love to help you face these challenges to find a BI strategy that works for you and your organization.
Strategy development from multiple perspectives
Business Analytics isn’t just about technology – the experts understand that part. The Business part of BI should be a component of your Business Intelligence strategy. When formulating a strategy, multiple perspectives can provide insight.
- The why-question: Why should the organization take their Business Intelligence plan to a higher level? What’s the connection to company strategy and the business model?
- Technology versus organization: The BI strategy addresses both the technology needed to execute the strategy as well as the data, insights, skills, processes, and roles needed.
- Internal versus external data: BI without open data or external data can’t render long or strong enough. A BI strategy will need to address the data purchasing policy.
- Cloud versus on-premise: Business Intelligence in the cloud isn’t a commonplace yet, as it still comes with caveats, but a Business Analytics strategy should consider if and how cloud solutions can help.
- Data quality: How should you deal with bad data quality, and how can your BI strategy account for it?
- KPIs versus readings: The art of Business Analytics is focusing on what really matters – the essentials. A good BI strategy finds a balance between directing based on genuine KPIs for process improvement and policy information based on readings.
- BI self-service versus standard reporting: What latitude does the organization give to its end users to make their own (complex) analyses and reports? And what about one version of the truth? A BI strategy has a vision and an answer to this.
That’s just a few of the perspectives. Our approach ensures that the perspectives that really matter to your organization are accounted for: tailored for you.
The route to Business Intelligence success
Based on the Business Intelligence strategy, we’ll plot a BI roadmap that fills in the details. This roadmap describes the current and future situation, and the way to get there. This comprises the complete development of the BI strategy. Read more…
5 tips for a successful BI strategy
Based on our many years of experience and research, we know why some BI projects fail and some succeed like no others. Here are five tips to creating a successful BI strategy:
1. Don’t strategize in a vacuum, but incorporate Business and IT.
2. For optimal results: intertwine the BI strategy and the company strategy.
3. Don’t look past the next 3 years – the world can look completely different by then.
4. Use a maturity model to secure the foundation.
5. Peek in on the most successful BI companies.
Tools to accelerate your Business Analytics strategy
We’ve developed several helpful tools to help you achieve success in formulating and executing your Business Analytics strategy. To name a few:
- The Business Analytics book “The Intelligent Organization”
- Determine the right KPIs using the SMART KPI Toolbox
- The 3-day Business Analytics master class (also offered as in-company training)
- The Business Analytics tool guide 2018
- The data warehouse and data governance training course
You can also contact us for 100% independent advice.
Choosing Passionned Group is choosing quality
Our BI specialists are battle-scarred in BI strategy and Data Science. Contact us freely for an appointment and let us surprise you with our fresh outlook, unique approach, and practical knowledge.