Who Creates Information Value?
Where is information that provides competitive advantage to company decision makers? It comes from company data. It comes also from proper set up of comparable data environment – information. This information is additionally processed with outer information (market, economy, global information, macro environment and etc.). Finally it is additionally refined with own experience.
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Requests toward IT information implementation to production source systems and toward data warehouse can make more troubles then benefits. It is important to find out core problems and to find most effective and opportune solution for both sides.
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Value of Business Intelligence Technology and Internal Resources
Imagine that somebody, modern IT fairy, sets-up all top notch reporting, planning and analytical IT solutions by single move. Imagine that best BI/DWH solutions, Business Performance Management, advanced business analytics and many other infromation systems are completely set and operative… All this technologies are set to your
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On the meeting CEO stated: “We do not have strategy any more!”
Such statement might look unpleasant, can terrify and is rather surprising.
Considering all the uncertainties on the market, inconsistencies in organizations in any kind of form. Considering process gaps, communication malfunctions, values, knowledge… Considering main business drivers like innovation, enormous
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Captain’s Log, May 20012. Business Intelligence Based Trade
We’re passing Zig’s Nebula. Two more days and we will enter into Jota planetary trading system market, our old colonized market with 3,2% Steal-er. Our top rated business analytics from controlling estimated impact in first 3 trading months losses of 5,612M Galacsaars with approaching colony. We have new Tuga
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Business Intelligence and Human Efforts
Often prejudice is that with installation of Business Intelligence there is no more need for manual work. Reality shows something completely different. Manual work is present, but is it smaller this is for discussion.
Without Business Intelligence it is always hard to maintain models and calculations. Any change that
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Super Simplification of Problems
I can not help myself, I can not stop noticing managers and project leaders making suggestions on how Information Systems work and what others should do. They are not experts in IT, they are experts for their respective area of expertise like product development, marketing analysis and research, business analytic’s, predictive analytic’s,
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Estimation Should Not Be Accurate Less Is More
I’ve spotted interesting psychological aspect in estimation process. Colleagues did not want precise estimation. They wanted smaller estimation.
For example, if you estimate 100M $ and realization fails to perform planed figures. It is 97M $. Your calculation included experience factor, seasonal correction and estimation formula
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Communication Monthy Python
Hired students trying to earn few bucks came one day to our company to help us with movement of office stuffs. They went through offices and moved tables, chairs, PC’s and etc. to vans.
In one empty office they found huge pile of paper binders in big wooden box. Since nobody was
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Complex reporting raises with information environment complexity, market dynamics, and product portfolio. It is important to understand signs of reporting complexity.
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