Editor's Note: Interested in Master Data Management, then don't forget to attend ebizQ's upcoming roundtable discussion this Tuesday, July 16th on MDM and SOA.
Sometimes thought control isn't such a bad idea. And by thought control, I don't
simply mean a "big brother," Apple computer, 1984-type situation, but
a situation where people's thoughts are influenced (yes, I guess that's a nicer
word) by certain knowledge. Influenced (perhaps educated) so that they have the
information to make better decisions and take the best actions at the right time.
The goal of any good business intelligence implementation is to reflect the
model of an organization's business and enable employees to use that model to
analyze, answer and decide important questions or decisions. As I noted in my
last column, BI solutions can be particularly helpful for organizations during
turbulent economic times because they can help companies answer questions about
their business (what's most profitable? What is the impact of making these product
changes? What products or service are our customers buying?), and then help
them change to adapt to the new business requirements.
Of course, levering BI takes more than just products -- it requires an environment
and organization that will put such a solution to its best use. Consider the
following points:
BI isn't a one-time thing. One of the important facets of BI is that
it can help organizations model the information they have spread throughout
their company into something that can help decision makers understand the
business better. However, it should also be implemented so that it can change
-- not only with the business, but ahead of the business.
Putting information in the right users' hands. Traditionally, BI
systems were used by upper management and strategic thinkers to monitor and
analyze the business. Over the past few years, BI has been adopted by a much
wider audience, and solutions have been pushed down into lower levels of the
organization. That's certainly a step in the right direction. Making the right
decisions requires having the right information, and once an organization
has set up a BI system, it can leverage that effort by enabling more knowledge
workers to use it.
Change requires action. BI by itself isn't change. Good BI solutions
enable change by enabling organizations to have the right information to make
the right decisions. But decisions must be made and actions must be taken
in order for the BI solution to be worthwhile. Some organizations forget this
when planning for BI solutions. Thus, it's important to remember that an integral
part of your solution is a process for making decisions and taking actions.
Custom solutions. Like many IT solutions, the right BI approach
depends on an organization, its structure, its business and its needs. For
example, a large health insurance payer organization is probably more likely
to be fertile ground for a wide-scale BI deployment than a lumber manufacturer.
Not that the lumber manufacturer couldn't make use of a good BI system, it's
just that the percentage of knowledge workers who could really benefit from
interaction with a BI system at that company is probably less than the percentage
of workers at a more information-centric business.