Business Intelligence Implementation in a Company

Business Intelligence is typically a broad grouping or category of diverse applications and technologies allied to gathering, analyzing, storing as well as offering access to essential data to aid the enterprise end users makes sound business verdicts. Hence, BI aspects encompass such features as query, reporting, decision support systems, online analytical processing, forecasting, and data mining including statistical analysis. BI follows almost similar procedures as is software implementation in that both share the similar development life cycle management (Drexler, 2006). Thus, for effective BI implementation each organization is expected to develop its own scope and objectives. These measures are essential in recognizing the paramount stakeholders, managers, and users so as to ascertain the credibility as well as the commitment with the BI project. In general, this calls for elaborate planning, including collecting useful data, carrying out assessments as well as developing cognizant and measurable project policies. Thus, sample workshops, data structures, information architecture, and design presentation are essential in understanding BI implementation procedures. Looking at the dynamics employed in DUNE a Frank Herbert’s novel, it would be paramount to assert that these roles can be utilized in such a manner that BI implementation would be executed to benefit the given business enterprise. This is due to the fact that BI implementation is developed so as to facilitate the provision of effective service delivery, on time reporting and analysis competence in any given organization. Where these roles are utilized the company is expected to develop robust aspects encompassing such features as analysis and reporting concepts that would incorporate such dynamics as trending reports, dashboards, operational reports, and scorecards. (Rider, 2008)

How can BI help a company?

The objectives of BI are to provide support in regard to making apposite business decisions. Thus, BI can be of help to a company in that it helps in providing articulate information.this information is employed to determine the manner the organization can be improved or which areas are to be given more consideration in regard to market demands. In essence, Business Intelligence allows a Company to understand its position either in the light of finances or market share. And this helps the given organizations to gather more information apposite for their operations.

How to Build Information Strategy Master Plan is a decisive article authored by Bojan Ciric. The article examines the diverse procedures which can be employed to develop effective BI strategies in an organization. The article asserts that business objectives must be recognized and this makes BI strategy in the company essential. The author establishes that there are two key approaches to BI in any given organization, that is; tactical-this involves establishing solutions when a crisis emerges. The benefit aspect of this approach is that current issues are solved without high cost and it is easier to execute. The problem with this approach is that it lacks the much needed information and in some case consumes extreme cost (Panati, 1987).

The other aspect regards strategies: the advantage of this is that it applies the concept of a single truth for all and it is easy to apply in emerging cases. However, it is costly and requires more resources to implement. Nevertheless, the aspects of information strategy master plan have been explored in the manner they can be of help to the company. Also, the author has attempted to offer a credible information strategy master plan development a critical project outline. Examining the dynamics given by the author, BI is essential in establishing decisive information policies in regard to business operations. Business Intelligence journal as well as Information and Management journal could be the most apposite places to publish this information.

References

Drexler, K. (2006). Icons of Business. Westport: Greenwood Press

Panati, C (1987). Extraordinary Origins of Everyday Things.NY: Perennial Library

Rider, C. (2008). Age of the Industrial Revolution. Westport: Greenwood Press

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