Comments on: Why it pays to be business intelligent http://via.ie/it-consulting/why-it-pays-to-be-business-intelligent Business & IT Consulting Mon, 02 Nov 2009 17:26:52 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Get more out of your business intelligence solutions » Via Consulting http://via.ie/it-consulting/why-it-pays-to-be-business-intelligent/comment-page-1#comment-198 Get more out of your business intelligence solutions » Via Consulting Mon, 05 Oct 2009 14:57:08 +0000 http://via.ie/?p=384#comment-198 [...] your head above water or plotting a direct course to success when others flail around. In an earlier post on business intelligence, I set out a list of reasons why business intelligence – as part of [...] [...] your head above water or plotting a direct course to success when others flail around. In an earlier post on business intelligence, I set out a list of reasons why business intelligence – as part of [...]

]]> By: Kevin O'Callaghan http://via.ie/it-consulting/why-it-pays-to-be-business-intelligent/comment-page-1#comment-118 Kevin O'Callaghan Tue, 11 Aug 2009 15:06:59 +0000 http://via.ie/?p=384#comment-118 Hi Keith - I think you could coin the phrase 'all data is important, but some data is more important than the other!'. But I agree, you can use data to prove so many points and it's a discussion we'll have in a future post. Data can prove anything, but how that data fits into the context of the business and it's business rules is the key. Business should define the rules to ensure success, but it should always be aware that rules can and will change. An example would be to say that my product, Widget A is not selling as well and now, Widget B is my most successful product. I can show that the Widget B sales are higher than Widget A. Therefore I recommend that the business drop Widget A. But, perhaps the reason why Widget A's falling sales is down to the business not being able to manufacture enough stock, get parts or ensure delivery to its customers. Widget B's sales are up, but if you resolved the problems with Widget A, then perhaps your best seller will be your best seller again. It's back to those business rules and ensuring that the business, collectively, is aware of all possible triggers that it is influenced by and knows how to respond. Thanks for your comment - and pre-empting another post when I'll attempt to object orientate a business structure and put those pieces together with some B.I. logic! Kevin Hi Keith -
I think you could coin the phrase ‘all data is important, but some data is more important than the other!’.

But I agree, you can use data to prove so many points and it’s a discussion we’ll have in a future post.

Data can prove anything, but how that data fits into the context of the business and it’s business rules is the key.
Business should define the rules to ensure success, but it should always be aware that rules can and will change.

An example would be to say that my product, Widget A is not selling as well and now, Widget B is my most successful product. I can show that the Widget B sales are higher than Widget A. Therefore I recommend that the business drop Widget A. But, perhaps the reason why Widget A’s falling sales is down to the business not being able to manufacture enough stock, get parts or ensure delivery to its customers. Widget B’s sales are up, but if you resolved the problems with Widget A, then perhaps your best seller will be your best seller again.
It’s back to those business rules and ensuring that the business, collectively, is aware of all possible triggers that it is influenced by and knows how to respond.

Thanks for your comment – and pre-empting another post when I’ll attempt to object orientate a business structure and put those pieces together with some B.I. logic!

Kevin

]]> By: Keith Farrelly http://via.ie/it-consulting/why-it-pays-to-be-business-intelligent/comment-page-1#comment-116 Keith Farrelly Tue, 11 Aug 2009 00:25:27 +0000 http://via.ie/?p=384#comment-116 Hey Kevin, good post, these are indeed challenging times, and when challenges are placed in front of us they push us to strive for intelligent and simple solutions. It will be interesting to hear how to determine the important data from the less important data (or is it all important?). Will you discuss how potentially data can be used to prove many different points? or sway our opinions to suit the data gatherer/presenter? Essentially, how can we provide a way to make the data presentation unbiased? Keith Hey Kevin, good post, these are indeed challenging times, and when challenges are placed in front of us they push us to strive for intelligent and simple solutions. It will be interesting to hear how to determine the important data from the less important data (or is it all important?). Will you discuss how potentially data can be used to prove many different points? or sway our opinions to suit the data gatherer/presenter? Essentially, how can we provide a way to make the data presentation unbiased?

Keith

]]> By: Joe Hussey http://via.ie/it-consulting/why-it-pays-to-be-business-intelligent/comment-page-1#comment-115 Joe Hussey Fri, 07 Aug 2009 17:09:19 +0000 http://via.ie/?p=384#comment-115 Kevin, I'm a believer in businesses focussing more on their information and less on the 'nuts and bolts' of IT (which can often be outsourced). Knowing the customer, understanding trends, even external data such as market/competitor intelligence arms companies better for business success. This is where the action is in my view. well done on this post . Joe Kevin,

I’m a believer in businesses focussing more on their information and less on the ‘nuts and bolts’ of IT (which can often be outsourced). Knowing the customer, understanding trends, even external data such as market/competitor intelligence arms companies better for business success. This is where the action is in my view.

well done on this post .
Joe

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