preparing your own strategic bi vision and roadmap: a practical how-to guide
TRANSCRIPT
Preparing Your Own Strategic BI Vision & Roadmap A Practical How-To Guide
Kevin O’Rourke Director, Practice Leader, BI Solutions
TriCore Solutions
Preparing Your Own Strategic BI Vision and Roadmap: A Practical How-To Guide Presented by Kevin ORourke, TriCore Solutions No single organizational initiative warrants preparation, planning and strategy more than the decision to invest in a Business Intelligence (BI) Program. Many organizations make BI one of their priorities because of the organization’s leadership direction. From a strategic perspective, information remains as one of the most valuable assets to an organization. True organizational responsiveness begins with an alignment of organizational strategy to a BI program. You will not want to miss this opportunity to understand the methodology needed to develop a BI Strategic Vision and Roadmap for your organization
Business Intelligence Fundamentals 1
Bringing It All Together 5
Current State, Future State and Gap 4
Business Requirements Definition 3
BI Strategic V&R Methodology Overview 2
Business Intelligence Fundamentals
People, process, and technology required to turn data into information and information into knowledge and plans that drive effective business activity, gain business insight and achieve competitive advantage.
Grass Roots – Business Intelligence Defined
How do our business constituents consume information? Summary, Detail, Summary to Detail? Analysis Chain? Functional Area or Enterprise View? Analysis driven? Ad hoc reporting, managed reporting, report publishing? Intraday, Daily, Weekly, Monthly, nPeriod? Graphical, List, Dashboard, Combination of?
BI Usage Drives Choices for Data Architecture and BI Product Mix
Supply Chain FinanceSales & MarketingGlobal ServicesEngineering &
QualityManufacturing
Daily Business Processes (workflow)
Performing Analysis (Why Did It Happen? What Will Happen?)
Effective BI platforms provide bi-directional access to organizational data;
MONITORWhat Just Happened?
DashboardsAlerts
REPORTWhat Happened?
Operational ReportsException Reports
Scorecards
ANALYZEWhy Did It Happen?
Operational AnalysisBusiness Analysis
PREDICTWhat Will Happen?
Linear RegressionAffinity Analysis
What-if Forecasting
Real Time / Near-Real Time Data Historical Data (Data Warehouse / Data Marts)
Analytical Sophistication
75% Reporting
Needs
20% Reporting
Needs
5% Reporting
Needs
User roles within an organization drive BI solution mix;
Actionable BI is Cross Functional
Activity and Performance Driven BI
Usage Profiles Collectively Determine Data Architecture
Usage Profiles Collectively Determine BI Product Mix
Understanding BI Platform Approach
BI Strategic V&R Methodology Overview
Top Down Approach
Bottom Up Approach
Using Facilitated Sessions to Determine Actionable BI
Structured interview conducted by a BI Analyst;
Functional or cross-functional sessions;
Sessions 2 – 3 hours, can be iterative;
Business-centric vs. technology-centric activity;
Designed to provide BI Analyst insight on role-based actionable BI;
Goal to understand actionable BI which is quantifiable;
Business Function Area team roles and responsibilities;
▪ Determine Information Usage Profile for each business area group;
▪ Understand Key Measures and Informational (descriptive) data;
▪ Current report preparation requirements;
▪ Information Refresh and Delivery Requirements;
▪ Understanding of Data Quality, Data Availability;
▪ Understanding of business impact (business justification);
Facilitated Sessions to Understand Daily Decision Support
True cause-and-effect analysis requires both lagging historic measures and their associated leading measures to be navigable across business function areas;
Determining Root Cause in the Decision Making Process
Technical Feasibility
Information Collected: Measures & Dimensions
KPI’s
Analytical Pathways
Benchmarks
Subject Areas
Measure Groupings
Data Availability
Data Reliability
Business Sys Consistency
Transformation Complexity
Etc …
Technical Feasibility – Profiling Your Organization
The Cost of BI …Why Actionable BI is so Important (CapEx)
The Cost of BI …Why Actionable BI is so Important (Opex)
Current State, Future State and Gap
Current State
Infrastructure
Vendor Preferences
Information Architecture
BI Content Inventory
BI Workflow Processes
Available Documentation
Governance Processes
Organizational Readiness
Future State
Capacity Planning
Required Infrastructure
Project Candidacy List
Information Architecture
BI Platform Mix
Governance Processes
Organizational Readiness
GAP Analysis
Understanding GAP between your Current State and Future State
Bringing It All Together
Facilitated Session Findings
Business Intelligence Strategic Roadmap
BI Strategic Vision & Roadmap
Project Planning Views (Costed)
Presentation Materials
Thank you for the opportunity!
Kevin O’Rourke Director, Practice Leader, TriCore Solutions