BI Whitepaper

BI Whitepaper - White Paper Business Intelligence Enabling Transparency across the Enterprise Business solutions through information technology

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Business Intelligence – Enabling Transparency across the Enterprise Entire contents © 2004 by CGI Group Inc. All rights reserved. Reproduction of this publication in any form without prior written permission is forbidden. White Paper Business solutions through information technology
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2 Business Intelligence – Enabling Transparency across the Enterprise TABLE OF CONTENTS DEFINING THE STRATEGIC CONTEXT 3 BUSINESS CASE FOR BUSINESS INTELLIGENCE 3 CGI APPROACH FOR BUSINESS INTELLIGENCE 4 CGI PROJECT APPROACH 6 PHASE I – STRATEGY AND REQUIREMENTS DEFINITION 7 PHASE II – PRODUCT SELECTION 9 PHASE III – BUSINESS INTELLIGENCE PILOT IMPLEMENTATION 9 PHASE IV – BUSINESS INTELLIGENCE EXTENSION 11 CONCLUSION 11 ABOUT CGI 11
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3 Business Intelligence – Enabling Transparency across the Enterprise Defining the Strategic Context Business Case for Business Intelligence One of the largest hurdles an enterprise faces in ensuring that operational performance and direction meet with strategic vision is the need to efficiently and accurately measure and analyze corporate performance at the strategic and tactical levels. A successful enterprise tends to collect large amounts of data during the course of daily operations. Often, this data is even captured for later use in a data store. However, the frequent lack of definition of proper performance metrics and deficient reporting and analysis capabilities result in difficulty translating this data into usable and actionable information. Organizations struggle with securing, from daily operations, the key metrics that can provide predictive capabilities to the management team. The underlying premise of Business Intelligence (BI) is that organizations should expand the types of information used to monitor their business operation while more narrowly focusing on a limited subset of that information to direct management focus. Investments in financial reporting systems have led to an over- emphasis of monitoring that financial information as a predictive indicator. Generally, financial systems are the system of record for historical financial transactions. Only when this information is combined with measures of ongoing business operations can it be used to predict future business results. The challenges in identifying the information required to efficiently and effectively manage an organization can be minimized through the use of method and frameworks that can accelerate the process and provide focused guidance. Organizations must identify the applicable measures for their business and define an organizational framework for how the measures are represented across the enterprise. Although it seems logical to first identify the measures, the more appropriate approach is to first define the overall performance management methodology under which to organize and communicate the measures. As an example, when organizations attempt to identify their performance measures, they typically focus first on financial performance, sales, and then possibly what they sell, a variation of product line analysis.
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This note was uploaded on 04/06/2010 for the course CIS 1099 taught by Professor Matewzeb during the Spring '10 term at N.C. State.

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BI Whitepaper - White Paper Business Intelligence Enabling Transparency across the Enterprise Business solutions through information technology

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