Unlocking Strategic BI

Written By Tony Loci

Strategic BI to create real business value & agility

Unlocking Strategic BI.PNG

3 main outcomes from unlocking strategic BI insights

By using the following 4 approaches, below:

  • Self-Service Real-Time Reporting

    • Easily understand portfolio & program status to increase efficiency

  • Beyond Data Management

    • Synthesis, reporting & analytics in harmony to achieve granular across-the-board insights

  • Data Driven Culture

    • Improve decision making, enabling the creativity of the entire organization, in a governed way

  • Single Source of Truth

    • Ensure the reliability of formal reporting,  uniting business processes, applications & analytical platforms

…combined add up to the following 3 main outcomes:

  • Improved Decision Making 50% - 70%

    • Drive real-time engagement decisions to improve individual CX. Maximize ROI, with value-based strategic decisions & accurate performance measurement.

  • Reduced Economic Vulnerability 50% - 75%

    • Increase effectiveness, efficiency & waste removal (defects, over-production, delays, non-utilized talent, inventory, motion & re-working) via agile & process analytics.

  • Increased Customer Satisfaction 70% - 200%

    • Near 100% visibility of customers & impact of their experience. Make predictions on business actions & value measures like revenue, cost to serve or churn.

https://www.slideshare.net/TonyLoci/velocity-one-unlocking-strategic-bi2021

Tony Loci
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