Month
January 2011

Why do winning teams use Business intelligence to win?

Last year, using Infor Performance Management solution we rolled out a very successful business intelligence solution for Krung Thai AXA. It was a winner which of course we claim was due to our skill to deploy this rich this world class software package. But the truth is business intelligence needs more than that to be a winner. It really works best when you either use it to create a winning team or you already have a winning team that wants to move to the next level. [...]

To what extent does your IT function inform the enterprise about potential business opportunities enabled by new technologies?

A joint PwC and IT Governance Institute research paper, just released has perhaps a less enthusiastic opinion of IT’s contribution As explained by this figure 3 which form part of their finding to this question.”To what extent does your IT function inform the enterprise about potential business opportunities enabled by new technologies?” was:…….One-third of the respondents relayed that their IT function does not inform the enterprise of new business opportunities made possible by new technologies, or does so only to a limited extent. Another third indicated that such communication occurs only to some extent. Only one-third of enterprises can count on their IT department to provide this type of information—information that could create a competitive advantage. Implied in this is a call to action for IT management to better communicate and align IT’s capabilities to enhance business growth through innovation……… The study which may be very useful reflective reading to consider who drives IT is aimed at Executive Teams and IT professionals, and has 28 graphical figures with expanded findings under the embodied questioning elements. One-third of the respondents relayed that their IT function does not inform the enterprise of new business opportunities made possible by new technologies, or does so only to a limited extent. Another third indicated that such communication occurs only to some extent. Only one-third of enterprises can count on their IT department to provide this type of information—information that could create a competitive advantage. Implied in this is a call to action for IT management to better communicate and align IT’s capabilities to enhance business growth through innovation. The study which may be very useful reflective reading to consider who drives IT is aimed at Executive Teams and IT professionals, and has 28 graphical figures with expanded findings under the embodied questioning elements. [...]

Is your Business Intelligence humming and if not why not; or do you actually need it?

Traditionally any branded retailer, for example, knows good analytics and business intelligence are mandatory for category planning. Hence good BI systems with potent analytics capabilities are vital and must be kept up to date. If you are a business manager or information provider and don’t think you have or need a BI system you may find it there anyway but it is just called your reports. Then ask yourself the humming part of the question. If you find reporting is slow, fragmented and hard to access; or it is hard to drill into or do meaningful analysis and does not delver the information you need to move quickly on decisions, then it needs attention. One acid test is to ask yourself “does it constrain your ability respond to and understand the market behavior and constrain how quick you are to be able respond to it compared to your competitors. [...]

Looking back in on leads-can be fruitful. They will remember the investment you made in them.

As a teenager in school, I never had much luck meeting girls. Or when I did I was last in line. My mate had much more success, so I asked him his secret. He said no one cared that he spent time with the lower grade girls. But like the moth metamorphosis, when it happened and they become beautiful butterflies he did not have to stand in line. [...]