Definition of parameters in reports significantly determine business performance measurement. Definitions influence reports, personal goals and benchmarking quality. If the official reporting consistency is changed due to change in definition,
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Marketing Analyst: What is the correct figure asks marketing data warehousing team? IT developer: Both figures are ok. Marketing Analyst: We know that both figures are ok but which one is correct for our KPI?
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It’s Time To Panic, I Don’t Want to be Part of Reporting Definition Process
When management washes hands and says that they want pure figures and does not want to participate responsibly together in large and complex project, then it is TIME TO PANICK!
If management does not want to participate in data definition,
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Definition of Information Systems Information and Information Systems
When talking about information systems, first of all, they need to be defined what is considered under information and to define the difference between data and information. So, information can be defined as ”data converted into something valuable and usable for certain users“. Out of this definition
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Tell me what to do and then I’ll see if this fits into my vision of what I should do. Such attitude and behavior where somebody else strictly defines your job, tasks and processes is matter of past. Environment around us is too hectic and waiting for knight on white horse to do tough job instead of us is not good.This is not pro active way of thinking and solution oriented practice. Defining somebody else tasks is hard enough job. It also means task recipient is less qualified then you. Do you really need such help. After several weeks process or inputs will be changed and task recipient will ask for additional definitions. Yeah. Like in kindergarten.
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Data and Information are very often mixed like it is same synonim. It is not. Data are set of facts describing objects and their relations in space and time. Data can have usage value or not. This is the basic difference between data and information. Data becomes information when it brings news to user and grows his knowledge. Data with usage value is information and data becomes information happens with data processing by organizing and analyzing data. Information is received and understood message. Information is data placed in context while data is out of context.
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What is Business Intelligence?
Two great definitions/quotes of What is Business Intelligence…
“Business intelligence is a way of delivering the right information at the right format in the right hands at the right time. A good business intelligence system collects information from all parts of the company, analyze them, and prepares required reports with delivery
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