Cover image for The Profit Impact of Business Intelligence.
The Profit Impact of Business Intelligence.
Title:
The Profit Impact of Business Intelligence.
Author:
Williams, Steve.
ISBN:
9780080467764
Personal Author:
Physical Description:
1 online resource (237 pages)
Contents:
Front Cover -- The Profit Impact of Business Intelligence -- Copyright Page -- Table of Contents -- Preface -- Acknowledgments -- Chapter 1 The Business Value of Business Intelligence -- 1.1 What Is Business Intelligence? -- 1.2 Business Intelligence in Action -- 1.3 The Origins of Business Intelligence -- 1.4 Business Intelligence Today -- 1.5 Using Business Intelligence to Capture Business Value -- 1.6 How Do We Achieve Strategic Alignment? -- 1.7 The Need for Process Engineering -- 1.8 Process Engineering in Practice -- 1.9 The Need for Change Management -- 1.10 Business Value Analysis of Business Intelligence Initiatives -- 1.11 Managing for Business Value Delivery -- 1.12 Key Points to Remember -- 1.13 Think Tank -- 1.13.1 Seven Questions to Ask About Your Organization's BI Needs -- 1.13.2 Quiz: What Might BI Mean for Your Company? -- Chapter 2 Identifying and Prioritizing Business Intelligence-Driven Opportunities for Your Organization -- 2.1 Business Intelligence Opportunity Analysis Overview -- 2.2 Case Study: McCormick Opportunity Analysis -- 2.2.1 Evolution of McCormick's Relevant Industries -- 2.2.2 Summary of Food Industry Drivers and Trends -- 2.2.3 Application of the Business Intelligence Opportunity Analysis Framework at McCormick -- 2.2.4 Business Intelligence Opportunity Analysis Summary -- 2.3 Business Intelligence Opportunity Analysis: Practical Considerations -- 2.3.1 Art Versus Science in Business Intelligence Opportunity Analysis -- 2.3.2 Quality of Business Intelligence Opportunity Analysis -- 2.3.3 Risk-Reward Tradeoffs and the Business Intelligence Opportunity Map -- 2.3.4 Business Intelligence Opportunity Analysis: Summary -- 2.4 Key Points to Remember -- 2.5 Think Tank -- 2.5.1 Seven Questions to Ask About Your Company's Business Intelligence Opportunities.

2.5.2 Quiz: How Prepared Are We to Leverage Business Intelligence? -- Chapter 3 Business Intelligence Readiness: Prerequisites for Leveraging Business Intelligence to Improve Profits -- 3.1 Business Intelligence Readiness Overview -- 3.2 Business Intelligence Readiness, Business Risk, and Traditional Development Methods -- 3.2.1 Manufacturing Company Example -- 3.2.2 Disability Insurance Company Example -- 3.3 Business Intelligence Readiness Factors -- 3.3.1 Strategic Alignment -- 3.3.2 Continuous Process Improvement Culture -- 3.3.3 Culture Around the Use of Information and Analytical Applications -- 3.3.4 Business Intelligence Portfolio Management -- 3.3.5 Decision Process Engineering Culture -- 3.3.6 Business Intelligence and Data Warehousing Technical Readiness -- 3.3.7 Effective Business/Information Technology Partnership for Business Intelligence -- 3.3.8 Summary: Business Intelligence Readiness Factors -- 3.4 Case Study: BYTECO Business Intelligence Readiness Assessment -- 3.4.1 The Business Intelligence Readiness Assessment -- 3.5 Business Intelligence Readiness: Summary -- 3.6 Key Points to Remember -- 3.7 Think Tank -- 3.7.1 Seven Questions to Ask About Your Company's Business Intelligence Readiness -- 3.7.2 Quiz: How Prepared Is the Business to Leverage Business Intelligence? -- Chapter 4 Business-Centric Business Intelligence Development with the BI Pathway Method -- 4.1 The BI Pathway Overview -- 4.1.1 Unique Characteristics of the BI Pathway Method -- 4.1.2 Organizational Tailoring of the BI Pathway Method -- 4.2 Part 1: The Architectures Phase of the BI Pathway Method -- 4.2.1 The Case for Investing in an Architectures Phase -- 4.2.2 BI Pathway Architectures Phase Overview: Aligning the Business Intelligence Program To Deliver Return on Investment -- 4.2.3 Setting the Architectural Foundation for Business Intelligence Project Success.

4.2.4 BI Pathway Architectures Summary -- 4.3 Part 2: The Implementation Phase of the BI Pathway Method -- 4.3.1 Logical Data Mart Modeling -- 4.3.2 Technical Development Work -- 4.4 The Operations and Continuous Improvement Phase of the BI Pathway Method -- 4.5 Chapter Summary -- 4.6 Key Points to Remember -- 4.7 Think Tank -- 4.7.1 Seven Questions to Ask About Your Company and Business Intelligence -- 4.7.2 Quiz: How Prepared Is Your Company to Leverage Business Intelligence? -- Chapter 5 Leading and Managing a Business Intelligence-Driven Profit Improvement Program -- 5.1 A Leadership Perspective on Business Intelligence-Driven Profit Improvement -- 5.1.1 Changing the Culture of Information Usage -- 5.1.2 The Three Stages of Business Intelligence-Driven Cultural Change -- 5.1.3 Steps for Advancing Business Intelligence Maturity -- 5.1.4 Summary: A Leadership Perspective on Business Intelligence-Driven Profit Improvement -- 5.2 A General Management Perspective on Business Intelligence-Driven Profit Improvement -- 5.2.1 The Program Plan for Business Intelligence-Driven Profit Improvement -- 5.2.2 Summary: The Program Plan for Business Intelligence-Driven Profit Improvement -- 5.2.3 Business Intelligence-Driven Profit Improvement Is a General Management Responsibility -- 5.3 Business Intelligence-Driven Profit Improvement Is Crossing the Chasm -- 5.4 Key Points to Remember -- 5.5 Think Tank -- 5.5.1 Seven Questions to Ask About Your Company and Business Intelligence-Driven Profit Improvement -- 5.5.2 Quiz: Where Does Your Company Stand In Relation to BI/DW Core Competencies? -- Chapter 6 Business Intelligence in the Broader Information Technology Context -- 6.1 Where Business Intelligence Fits in the Information Technology Portfolio -- 6.2 Information Technology Assets Required for Business Intelligence.

6.2.1 The Basic Scope and Configuration of Information Technology Assets for Business Intelligence -- 6.2.2 Key Information Technology Products for Business Intelligence -- 6.2.3 Summary: Information Technology Assets Required for Business Intelligence -- 6.3 Business Intelligence Environment in the Information Technology Environment -- 6.3.1 Business Intelligence Development Process -- 6.3.2 Business Intelligence Production and Support Processes -- 6.3.3 Business Intelligence Human Resources -- 6.3.4 Summary: Business Intelligence Operations in the Information Technology Operational Environment -- 6.4 Summary: Business Intelligence in the Broader Information Technology Context -- 6.5 Key Points to Remember -- 6.6 Think Tank -- 6.6.1 Seven Questions to Ask About How Business Intelligence Fits in Your Company's Information Technology Portfolio -- 6.6.2 Quiz: Where Does Business Intelligence Stand in Your Company's Information Technology Environment? -- Chapter 7 Important Ways Business Intelligence Can Drive Profit Improvement -- 7.1 The Impact of Industry, Competitors, and Company Business Design on Business Intelligence Opportunities -- 7.2 A General Overview of Business Intelligence Opportunities -- 7.3 Business Intelligence for Management Processes -- 7.3.1 Common Ways Business Intelligence Is Used to Improve Management Processes -- 7.3.2 Business Intelligence and Balanced Scorecards: Enabling Strategic Management -- 7.3.3 Business Intelligence and Management Accounting: Improving Operational and Financial Performance -- 7.3.4 Summary: Business Intelligence for Management Processes -- 7.4 Business Intelligence for Revenue-Generating Processes -- 7.4.1 Summary: Business Intelligence for Revenue-Generating Processes -- 7.5 Business Intelligence for Operating Processes -- 7.5.1 Common Ways Business Intelligence Is Used to Improve Operating Processes.

7.5.2 Summary: Business Intelligence for Operating Processes -- 7.6 Summary: Important Ways Business Intelligence Can Drive Profit Improvement -- 7.7 Key Points to Remember -- 7.8 Think Tank -- 7.8.1 Seven Questions to Ask About How Business Intelligence Can Improve Profit in Your Company -- 7.8.2 Quiz: How Does Business Intelligence Improve Profits? -- Chapter 8 Common Mistakes Companies Make on Business Intelligence Initiatives -- 8.1 Critical Success Factor: Establishing the Value Proposition -- 8.1.1 Mistake #1: No Explicit Alignment Between Business Intelligence Strategy and Business Strategy -- 8.1.2 Mistake #2: Not Knowing How to Define Information Requirements -- 8.1.3 Mistake #3: Not Marketing the Vision to Obtain Organizational Support -- 8.2 Critical Success Factor: Establishing and Managing a Business Intelligence Program -- 8.2.1 Mistake #4: Using Ad Hoc Practices to Select and Fund Business Intelligence Projects -- 8.2.2 Mistake #5: Providing Inadequate Governance for the Business Intelligence Program Management -- 8.2.3 Mistake #6: Establishing De Facto Program Governance Based on the Initial Business Intelligence Project -- 8.2.4 Mistake #7: Not Strategically Positioning the Business Intelligence in the Business Organization -- 8.2.5 Mistake #8: Not Providing Adequate Resources and Funding for Supporting Efforts Needed for a Successful Business Intelligence Initiative -- 8.3 Critical Success Factor: Optimizing Information Technology Infrastructure for Business Intelligence -- 8.3.1 Mistake #9: Using a Technical Infrastructure That Does Not Adequately Support Business Intelligence -- 8.3.2 Mistake #10: Using Operational System Information Technology Design and Development Approaches -- 8.3.3 Mistake #11: Using Information Technology Standards and Policies Designed for Operational Systems.

8.4 Critical Success Factor: Managing Organizational Change Needed to Capture Value.
Abstract:
Business Intelligence (BI): It's not just a technology. It's not just a methodology. It's a powerful new management approach that - when done right - can deliver knowledge, efficiency, better decisions, and profit to almost any organization that uses it. When BI first came on the scene, it promised a lot but often failed to deliver. The missing element was the business-centric focus explained in The Profit Impact of Business Intelligence. Written by BI gurus Steve Williams and Nancy Williams, The Profit Impact of Business Intelligence shows step by step how you can achieve the promise of BI by connecting it to your organization's strategic goals, culture, and strengths while correcting your BI weaknesses. Features: * Provides a practical, process-oriented guide to achieve the full promise of BI. * Shows how world-class companies used BI to become leaders in their industries. * Helps senior business and IT executives understand the strategic impact of BI and how they can ensure a strong payoff from their BI investments. * Identifies the most common mistakes organizations make in implementing BI. * Includes a helpful glossary of BI terms. * Includes a BI readiness assessment for your organization. * Includes Web links and extensive references for more information. Steve Williams, President and founder of DecisionPath Consulting, is a leading advocate of business-driven BI design and development. His consulting firm is one of the largest in the specialized field of Business Intelligence and Data Warehousing. Steve has over 23 years experience in information systems and systems engineering and has co-authored a training course on the BI Pathway Method. Nancy Williams is Vice President of DecisionPath Consulting. With over 21 years of business and technical experience, she provides technical and strategic leadership on business intelligence as well as

hands-on guidance for client engagements. * A practical, process-oriented book that will help organizations realize the promise of BI * Written by Nancy and Steve Williams, veteran consultants and instructors with hands-on, "in the trenches" experience in government and corporate business intelligence applications * Will help senior business and IT executives understand the strategic impact of BI and how they can help ensure a strong payoff on BI investments.
Local Note:
Electronic reproduction. Ann Arbor, Michigan : ProQuest Ebook Central, 2017. Available via World Wide Web. Access may be limited to ProQuest Ebook Central affiliated libraries.
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