What do you do if your BI strategy needs a boost?

To breathe new life into your BI approach, start with a thorough needs analysis. This entails determining whether there are any disparities between the insights your company needs and the capabilities of your present BI solution. By interacting with stakeholders, you can better understand their needs and goals.

Boosting your BI strategy begins with a meticulous needs assessment. This foundational step involves pinpointing the discrepancies between the current output of your BI system and the actionable insights your business craves. By actively consulting with stakeholders across various departments, you can gain a comprehensive understanding of their unique challenges and expectations. This collaborative approach not only clarifies the path forward for enhancing your BI capabilities but also ensures that any improvements are perfectly aligned with overarching business goals, ultimately leading to more impactful and relevant insights.

The first step in revitalizing your BI strategy is to finish a comprehensive needs assessment. Identify the gaps between the data your BI system can currently provide and the insights your company needs. Talk to stakeholders to find out about their concerns and expectations.

To boost your BI strategy: 1. Assess current state. 2. Clarify goals aligned with business objectives. 3. Enhance data quality. 4. Expand data sources. 5. Upgrade tools and tech. 6. Promote data literacy. 7. Enable self-service analytics. 8. Implement advanced analytics. 9. Foster data-driven culture. 10. Monitor and iterate for continuous improvement.

Para impulsar tu estrategia en BI: - Analizar las demandas actuales y futuras según los objetivos del negocio. - Mejorar la precisión y calidad de los datos para garantizar decisiones informadas y confiables. - Adoptar tecnologías que permitan un análisis más eficiente y en tiempo real (automatizar lo que se pueda). - Capacitar al equipo en el uso efectivo de herramientas y técnicas de BI. - Identificar y corregir posibles problemas en el proceso de BI. - Fomentar una cultura organizacional que valore y promueva la utilización de datos para la toma de decisiones (datadriven). ?Buena semana colegas!

Good data is the cornerstone of a successful business intelligence project. In the event that your BI approach fails, carefully review your data sources to make sure they are correct, comprehensive, and up to date. Maintaining high-quality data standards requires enforcing strict data governance procedures.

Addressing the underperformance of your BI strategy fundamentally begins with ensuring the integrity of your data. The effectiveness of BI tools hinges on their ability to work with data that is accurate, complete, and current. By instituting robust data governance measures, you not only safeguard data quality but also lay the groundwork for generating dependable insights. Through consistent practices of cleaning, updating, and validating your data, you guarantee that the insights derived from your BI tools are not just reliable but are also precisely tailored to drive informed decision-making within your organization.

Instead of assessing overall data quality (which is of course important as well), it's important to derive from your business goals which data assets drive your major value cases. Aim for the best possible data quality and completeness of those key data assets that drive your business value. By focusing on the data that matters most to your business, you can ensure that your BI efforts are targeted and effective. Take the time to evaluate your key data assets and identify areas for improvement to boost your BI strategy.

Es importante cuidar y re alinear constantemente la calidad de datos , ya que si se mantiene una calidad de datos baja las decisiones que se tomen a través de ellos será de la misma calidad . Como se dice por ahí , si le das basura al sistema el sistema te arrojará basura

Upgrading your BI tools is essential when they no longer align with your business's growing and evolving demands. The market is rich with advanced solutions that provide enhanced integration, accelerated data processing, and user-friendly analysis capabilities. By investing in these cutting-edge tools, you can significantly uplift your BI strategy, facilitating a smoother, more efficient extraction of valuable insights from intricate data landscapes. This strategic investment not only streamlines your analytical processes but also empowers your team to make data-driven decisions with greater precision and confidence.

If your current BI tools aren't meeting your needs, think about upgrading to more sophisticated ones that are suited to your changing company needs. Look for products on the market that provide better processing speed, better integration, and user-friendly analytic functions.

Tools and technologies evolve in a fast pace. It is always good to assess whether your current tool set still supports your strategy well. But when changing tools, also consider the csts and eforts to implement the change, gain knowhow etc. - such a step should not be taken lightly but be based on a positive business case. And in the end, also check the roadmap of your current vendor. When some innovative features are the reason to consider a change, often the other vendors are closing the gap quite soon as well.

En mi experiencia también puede ocurrir en otra dirección. La herramienta es más avanzada de lo que la empresa o su organización requiere. Para ambos casos es necesario mantener constante comunicación con los usuarios de información para entender sus necesidades y brindar herramientas de acuerdo a lo que se requiera.

Do not consider the skills of your Data & Analytics team only, where it is of course a must have to keep skills up to date and invest into trainings. Also think about your major data & analytics stakeholders. Which trainings should you offer to them to enable your business units to leverage the vaue from your data & analytics offerings as best as possible?

Por su puesto hay que pensar en la capacitación del equipo de BI , que regularmente suelen ser curiosos autodidactas . Sin embargo yo me inclinaría a pensar en la capacitación y entrenamiento de los usuarios , ?como logramos que se use y comprenda adecuadamente las innovaciones ? Se requiere de constante capacitación y adaptación al cambio

No que tange a revis?o de processos, muitas vezes, o problema n?o está nas ferramentas, mas sim em como elas s?o utilizadas. Reavaliar e otimizar os processos de coleta, armazenamento e análise de dados pode levar a melhorias significativas.

Es importante revisar , retar y mantener actualizados los procesos de Bi , sin embargo en mi experiencia he notado que por la falta de capacitación por el usuario las herramientas tienden a ser utilizadas de formas creativas que desvirtúan el origen de la misma , de tal forma que como parte de la revisión de proceso se debe poner especial atención al uso que se le da a la herramienta de datos .

Train your leadership team, inspiring them about the opportunities of making use of data and showing them concrete examples hiw thy can improve their data-driven decision culture. If the midde management facilitates the use of data, this will have high impact on the overall data culture.

Data-driven decision making is key and fostering this culture drives a successful BI strategy. This takes time to get implemented at every stage, one way to speedup this culture change is to ask for more data points before taking any decision or approving a decision. Not an easy task when everyone wants to run. But it will work for sure and changes the culture. Once this culture is evolving, need for standardized processes and BI will come into place. This results in BI push across the organization.

Get creative. Innovation does not come from repeating the past. Develop alternative solutions and get feedback. Experiment with new and creative ways to present data to the end user. UX is critical - ask yourself if your solution could be simplified or made more intuitive for the end user. Collaborate with end users and other team members to explore possibilities of reinvigoration.

Simpler Overall user-friendly and Interactive workspace. If its easy to Learn, Easier Is it to comprehend! And better are the chances of your product being a Sucess!