Business Intelligence
Business Performance
Business Strategy
SWOT Analysis
Balanced Scorecard
Business Dashboards
Goal Setting
Decision Making
Data Mining
Data Warehousing
Software Overview
Useful Links

How to Rapidly Apply Business Intelligence (BI) to Maximise Performance!

Business Intelligence (BI) - what is it about! Why have folks had little success with it! Why have others had a rip roaring success?

You are probably sitting on a 'gold mine' of terabytes of data and information that is held within your organisation. The trouble is I guess - you can't readily access or analyse it to;

  • Improve Revenue
  • Avoid or Reduce costs or
  • Improve Service

Sometimes the management culture within an organisation is to run things from the 'gut' not from hard evidence or facts. They are possibly so hassled that they do not even consider a data driven decision making process.

Some managers don't have the vision or belief that by using BI or data mining, the technologies, applications and practices for the collection, integration, analysis, to present information so that better decisions can be taken about enhancing the performance.

Many managers have tried, as Business Intelligence projects are becoming more widespread, but success has been limited.

Only 30 to 50% of projects succeed! Why?

Here are a few reasons:

    1) Project using traditional technologies take a long time on average 12 to 18 months to complete. Of course many managers do not know what they really want until they see it. Changing the structure of the solutions is slow and time consuming and needs experts to do it.

    2) IT departments are already busy and overloaded so changes and new projects take ages! IT departments often don't understand the business and so implement their own ideas which are not truly relevant.

    3) The underlying data has often to be extracted, transferred, and loaded (ETL) from a myriad of different systems into a data warehouse on which the BI software operates. This is tedious and time-consuming. Further, often the integrity of the underlying data is also suspect.

    4) With terabytes of data in some organisation the performance of the querying and reporting system is slow and not conducive to promoting the use of data to support decision making.

    5) The expertise to change and manipulate the BI system lies in the hands of a few experts and managers and employees are unable to change it for themselves as requires a high degree of expertise.

    6) The presentation of information sometimes does not excite, stimulate further use, or is difficult to interpret.

So how do we solve these problems. This site has the answers, but first it gives you a grounding in the basics - what actually is Business Intelligence (BI), Data Mining, Data Warehousing, Performance Management, the principles of Decision Making and Goal Setting, Balanced Scorecards, etc.

Finally I detail the 'how to's' ... what is the current best practice and I will you about some exciting new technologies which remove many of the issues above.

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What is Business Intelligence
What is Business Intelligence?

What is Performance Management
What is Performance Management

Creating a Business Strategy
Creating a Business Strategy

Definition of SWOT Analysis
Definition of SWOT Analysis

What is a Balanced Scorecard
What is a Balanced Scorecard

What is a Business Dashboard
What is a Business Dashboard?

Why is goal setting so important?
Why is goal setting so important

Types of Decision Making Supported by Business Intelligence
A Classification of the types of decision making supported by Business Intelligence

What is Data Mining
What is Data Mining: A simple introduction.

Data Warehouse Basics
A Quick Summary of the Data Warehouse Basics

Business Intelligence Software
An Overview of Business Intelligence Software

What is a Star Schema
The Star schema along with the Snowflake schema ate the main data warehouse data models

What is OLAP and an OLAP cube?
What is OLAP? The main features, architectures, advatages and drawbacks

Qlikview - the Next Generation Business Intelligence tool
Qlikview - an outline of the next generation of Business Intelligence or OLAP tool

Useful Links
Useful Links to sites of related areas and subjects

How to Build Excel Dashboards
How to Build Excel Dashboards

Simple GIS Mapping Software Examples
Simple Examples of GIS Mapping Software

Tips on Dashboard Design
Tips on Dashboard Design

What is a Pivot Table
What is a Pivot Table

Definition of Business Intelligence
Definition of Business Intelligence alternatives

Data Mining History
A Brief Data Mining History

Decision Making Models
Decision Making Models

Rational Decision Making Model
A Rational Decision Making Model

Intuitive Decision Making
An Intuitive Decision Making Model

A Better Decision Making Model
A Combined Rational and Intuitive Decision Making Model

The Theory of Goal Setting
What's the Theory of Goal Setting

A Goal Setting Activity List
A Goal Setting Activity List

Examples of Goal Setting
Two Examples of Goal Setting

SMART goal setting
SMART goal Setting

Data Warehouse Definition
Data Warehouse Definition

A Definition of Business Strategy
A Definition of Business Strategy

A Sample SWOT Analysis
A Sample SWOT Analysis Example

A SouthWest Airlines SWOT Analysis
A SouthWest Airlines SWOT Analysis

Decision Making Process Factors
Key Factors in the Decision Making Process



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