- #7 keys to a successful business intelligence strategy how to
- #7 keys to a successful business intelligence strategy software
IT should be involved to ensure governance, knowledge transfer, data integrity, and the actual implementation. To succeed, a deployment must have the support of key business areas, from the get-go. We are going to repeat ourselves a bit here. Of course, whoever the chosen sponsor is, they will need to be in BI is not just a technology initiative They can govern the implementation with a documented business case and be responsible for changes in scope.
#7 keys to a successful business intelligence strategy how to
It should be sponsored by an executive who has bottom-line responsibility, a broad picture of the organization’s strategy and goals and knows how to translate the company mission into mission focused KPIs.ĬFOs and CMOs are good fits. It may be tempting to place the Chief Information Officer (CIO) or Chief Technical Officer (CTO).
While a business intelligence strategy should include multiple stakeholders, it is imperative to have a sponsor to spearhead the implementation. They might not all make it into the initial rollout, but it is better to start big and roll back. Collect and prioritize pain points and key performance indicators (KPIs) across the organization. They often don’t have the same front-line knowledge that other staff do. Gathering and setting executive team expectations early is paramount.
Then find out what they need: visible and vocal executive sponsorship is a must. Right off the bat you must determine who your key stakeholders are. That doesn’t mean they are all key stakeholders. Odds are everyone at your organization could benefit from increased data access and insights. Reminding stakeholders, and yourself, of the pain points that necessitated it will encourage the process forward. If you go in with the right mindset you will be prepared to address issues like complicated data problems, change management resistance, waning sponsorship, IT reluctance and user adoption challenges.
#7 keys to a successful business intelligence strategy software
We are going to be honest here, even the best software needs some initial heavy lifting to maximize its potential. But implementing the right solution isn’t always easy. When you have the right business intelligence roadmap, it is easy to identify trends, pitfalls and opportunities early on. Business Intelligence Roadmap Go into the process
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