To know where you’re heading, you must set a baseline. And we’ll start with those businesses that already have some form of BI. Now, let’s go into detail on those steps. And finally, you establish the architectural blueprint for its development. To support people and processes, you use software tools. Then that vision helps you choose the right people, those will use and maintain the chosen processes. So, as you look at your company’s corporate strategy, you envision what BI initiatives you want to start. Which dashboards and solutions do we want to build? For which areas? And how will they impact those areas? Who will define and run the BI strategy? And how? Why are you building the BI practice in your company and what do you want to achieve? Your BI strategy has three main elements: Now, we go into detail about one of the stages of your implementation plan – documenting a BI strategy. Previously, we posted a guide for implementing the BI practice in your organization. Here’s a handy illustration of life before and after a BI strategy.
#What is a business intelligence strategy how to#
What happens when you start implementing BI without a strategy? Basically, you focus too much on getting those graphs but no one in the company has an understanding of why and how to use them. Why you need a BI strategyĪ BI strategy will allow you to address all your data problems and needs, develop a cohesive system, and keep it maintained.
Now, let’s talk about your Business Intelligence strategy.
And if you’ve already introduced some BI procedures in your company, this article will help you get organized as well. But as you can guess, starting such a complex endeavor requires some preparation and we will hopefully help you with that. Do you need it? Probably yes, as it’s the most balanced view of the business you can get.
It allows you to collect data from different sources, organize it, and then enjoy the analytics. The art of strategizing Reading time: 9 minutesīusiness Intelligence is the means of turning raw data into useful insights.
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