Business Intelligence Strategy
Our Business Intelligence (BI) Strategic Assessment is a services engagement that provides a series of facilitated sessions, background information, methodology and a process which will help you plan a BI implementation that addresses your organisation's specific needs. This service helps to understand how BI supports your business today and identifies business problems and pain points, defines a target for the required future BI Infrastructure and then addresses gaps to get you there.
Unlocking the Advantages of Business Intelligence to Drive Behaviour and Performance.
Understanding the organisational readiness is the first stage of any engagement and this includes the creation of a clear vision statement. What goal are you trying to accomplish? How will you know you have successfully achieved this goal? Why is it important to the business? It will serve as a target for the both strategy and roadmap. In this stage we will interview major stakeholders individually and take the time to understand business needs of users and also focus on BI investments you have made historically.
We will work with your business and IT staff to assess your technical readiness and create realistic objectives, looking to leverage your existing BI related software, hardware and knowledge based investments. We will also clearly document the measures of success for BI initiatives, looking for quantifiable benchmarks wherever possible.
Once we have an end goal and clear vision of what has to be accomplished, we will develop a strategic road map that closes existing gaps and addresses major strategic goals and their corresponding dependencies for success. This critical path will serve as both a planning framework and a communication vehicle among stakeholders as they move to activities and action steps over the next few years.
Components of the ITP BI Strategy Assessment Package Include:
Understand - Take Stock on What You Have:
- Investments made
- Functional spending
- Technology platform
- Projects in flight
- MI function(s) and operating model
- Senior leadership MI usage and capabilities assessment
- Stakeholder analysis
- Skills review, including change management approach
- User perception - current state questionnaire
- Business situation appraisal (short, medium and long terms) - review of scorecard, goals, compensation and performance drivers
- Identify MI Vision, Strategic goals and drivers
- SWOT analysis, in particular to identify opportunities and what has worked well in the past
Strategy -"To Be" Vision:
- People - skills, management, users
- Process - delivery, projects, changes
- Technology - Strategic Platform for MI
- Information - what the users need & can afford
- Projects - review delivery and purpose
- Organisation - how to run and manage MI
- Map out the way forward
- Strategic and forward looking strategy
- Makes use of existing investments
Road Map - Plan For The Way Forward:
- How to get there
- Rationalisation
- MI delivery
- Project delivery
- Governance & Control
- Master Data Management
- Data Warehouse Strategy
- Data Exploitation
To find out more information on BI Strategy please contact us today: 0845 124 9495 or click here to email us.
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