
By Deepa Sankar
Want to take your BI program to the next level?
What are your major road blocks? Does it sound something like the image above? If so, what can you do? Eliminate the noise and deliver BI. Is it that simple? How? Have a clear BI strategy.
Over the years, I have seen BI strategies represented in different forms – architecture diagrams using a whole slew of tools in big data warehouse feeding several datamarts. However, in recent years, this trend has been changing dramatically and organizations are developing their BI strategy beyond architecture diagrams and technology. BI strategies are now being developed for the right reasons, such as:
Does a BI Strategy really help?
A BI and analytics strategy empowers your workforce, giving them the right information at the right time and enables them to make good decisions. A good analytics strategy not only addresses the information needs of your entire organization, it also aligns IT and business.
Think Big, Start Small
The most critical success factor for an analytics program is to have a proper plan and strategy in place. That doesn’t mean that you need to have all the strategy components defined and executed in one shot to make your BI program successful. It is better to start thinking of BI projects as a “program” and how this program is going to help your organization achieve its goals in the next 1-3 years. It’s important to take your BI project beyond simple reports and dashboards, delivering relevant analytics that will demonstrate value to your business. To start, identify 2-3 key business areas that require immediate attention and demonstrate the power of analytics by addressing these problem areas. These quick wins will help you to secure senior executive and business buy-in for your BI program. Expand the scope of your program, build a plan based on business priority, develop a roadmap and start executing on it.
Steps to build a solid BI strategy
Here are some great resources to help take your BI program to the next level:
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