Build a Next Generation BI with a Game-Changing BI Strategy
Put the business back in business intelligence by injecting new BI use cases.
- IT and BI providers are under pressure to provide an environment that facilitates flexible delivery of data to business users to empower informed decision making.
- Even if a BI strategy was originally developed, its relevance declines over time if BI providers are not continually revisiting ever-changing business needs and the reality of new data sources that could be added in the mix.
- Many organizations jump straight into solution design and purchase the latest BI platform without a true understanding of the organization’s needs, or without assessing practices and processes around the data feeding BI.
- A BI program is not a static project that is created once and remains unchanged. Treat the strategy like a living platform and continually revisit the high-level business goals and objectives in order to effectively enable decision making.
- Put the “B” back in BI. Don’t have IT doing BI for IT’s sake; ensure the voice and needs of the business are the primary drivers for your strategy.
- Go beyond the platform. The solution to better BI often lies in improving the BI practice, not acquiring the latest and greatest tool.
- Roadmap for success. Build a roadmap to deploy your BI strategy that drives quick wins helping build a grass roots enterprise-wide support for your project.
Impact and Result
- Develop business intelligence improvement initiatives that are rooted in overall business objectives.
- Focus on understanding the organization’s current BI landscape instead of adding extra tools that will further complicate the environment.
- Leverage different approaches for pinpointing BI capability gaps and getting to the core of what BI consumers really want.
- Create a roadmap that will detail the iterative development of a business intelligence program over the short and long term.
- Albert Hui, Principal, DataEconomist
- Cameran Hetrick, Senior Director of Data Science & Analytics, thredUP
- Emilie Harrington, Manager of Analytics Operations Development, Lowe’s
- Sharon Blanton, VP and CIO, The College of New Jersey
Want to Participate in Our Research?
- Analyst Interviews: Share your best practices, opinions, tools or templates with your peers.
- Webinars: Interactive session to keep us focused on topics you want to tackle.
- Upcoming Workshops: Accelerate your project with an onsite, expert analyst to facilitate a workshop for you. Contact us for more details.
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Get to Action
Start here – read the Executive Brief
Read our concise Executive Brief to find out why you should create or refresh the BI Strategy and review Info-Tech’s approach to developing a BI strategy that meets business needs.
Understand the business context and BI landscape
Lay the foundation for the BI strategy by detailing key business information and analyzing current BI usage.
Evaluate the current BI practice
Assess the maturity level of the current BI practice and envision a future state.
Create a BI roadmap for continuous improvement
Create BI-focused initiatives to build an improvement roadmap.
Module 1: Establish Business Vision and Understand the Current BI Landscape
- Document overall business vision, mission, and key objectives; assemble project team.
- Collect in-depth information around current BI usage and BI user perception.
- Create requirements gathering principles and gather requirements for a BI platform.
Key Benefits Achieved
- Increased IT–business alignment by using the business context as the project starting point
- Identified project sponsor and project team
- Detailed understanding of trends in BI usage and BI perception of consumers
- Refreshed requirements for a BI solution
|1.1||Gather key business information (overall mission, goals, objectives, drivers).||
|1.2||Establish a high-level ROI.||
|1.3||Identify ideal candidates for carrying out a BI project.||
|1.4||Undertake BI usage analyses, BI user perception survey, and a BI artifact inventory.||
|1.5||Develop requirements gathering principles and approaches.||
|1.6||Gather and organize BI requirements||
Module 2: Evaluate Current BI Maturity and Identify the BI Patterns for the Future State
- Define current maturity level of BI practice.
- Envision the future state of your BI practice and identify desired BI patterns.
Key Benefits Achieved
- Know the correct migration method for Exchange Online.
- Prepare user profiles for the rest of the Office 365 implementation.
|2.1||Perform BI SWOT analyses.||
|2.2||Assess current state of the BI practice and review results.||
|2.3||Create guiding principles for the future BI practice.||
|2.4||Identify desired BI patterns and the associated BI functionalities/requirements.||
|2.5||Define the future state of the BI practice.||
|2.6||Establish the critical success factors for the future BI, identify potential risks, and create a mitigation plan.||
Module 3: Build Improvement Initiatives and Create a BI Development Roadmap
- Build overall BI improvement initiatives and create a BI improvement roadmap.
- Identify supplementary initiatives for enhancing your BI program.
Key Benefits Achieved
- Defined roadmap composed of robust improvement initiatives
|3.1||Create BI improvement initiatives based on outputs from phase 1 and 2 activities. Build an improvement roadmap.||
|3.2||Build an improvement roadmap.||
|3.3||Create an Excel governance policy.||
|3.4||Create a plan for a BI ambassador network.||