Four Worst and Four Best Practices in Business Intelligence - Slide 5

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Worst Practice #4

Without a specific purpose, BI rarely has impact on business. The starting point for creating a BI solution should be when you identify a project that will solve a specific problem through access to information in a timely fashion and in the right context. “Solve a problem,” means that information will accelerate a slow running process, eliminate a bottleneck, reduce the cost of doing business, or even become a new revenue source.

When information requirements such as these are identified up front and used as the business driver behind the BI implementation, the implementation of the BI system has a much greater likelihood for success.

BI software – tools, platforms, and applications alike – holds great potential for helping organizations readily access the enterprise information needed to make informed business decisions and, ultimately, achieve their business objectives. But, as with any technology, the implementation, roll out, and usage practices play a critical role in the success of BI.

In tracking mediocre results, and even failure, in the implementation of BI software over the years, many common threads, or “worst practices,” can be found. These worst practices set companies on the inauspicious path of BI failure. They have been repeated by some of the best run and smartest companies in the world. Typically, these worst practices are the result of wanting to ride the latest technology wave without balancing the hype with practical knowledge and experience.

In order to help organizations learn from the mistakes of others, Information Builders provides the following insight into the worst and best practices for BI, so that you will have a solid understanding of how to avoid BI failure and achieve success with your BI initiatives.

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