What is Business Intelligence? - Pikom

More documents

Recommendations

Info

Common Business Information Challenges “I receive a multitude of reports with conflicting information so we waste time debating which measures are correct instead of making decisions.” “I don’t have enough confidence in some of our information to make critical decisions.” “I can’t get the information I need quickly enough to react to quickly to events and changes in the market conditions” “ The organization does not understand the full breadth of the relationship our customers and suppliers have with us.” “It is too difficult to obtain all the information I need to make better decisions.” “The majority of our analyst’s time is spent gathering data instead of analyzing and the information to create insights.” “We run this business by “gut feel” rather than facts.” Board CEO CxO CFO CIO Management Associates Customer & Suppliers © 2012 KPMG Business Advisory Sdn. Bhd., a company incorporated under the Malaysian Companies Act 1965 and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved. Printed in Malaysia. 13
Business Information Needs - Executive Perspective CEO Sets strategy Needs Visibility and Insight CFO Strategic Advisor Needs accuracy and transparency CIO Deliver Information Needs alignment with the business Management Execute Strategy Needs clear objectives and measures Employees Deliver against goals Need defined measures of performance • CEO’s and executive teams are faced with increasing pressures to improve performance and cut costs while dealing with decisions on a myriad of governance, risk and compliance issues without complete visibility into the supporting decision points. • CFO’s are taking on new roles in the execution of strategic goals and need clarity and transparency into the business’s financial and non-financial metrics in order to become a strategic advisor to the business. • CIO’s are working to deliver needed reports but users want autonomy from IT; and yet difficult to use tools, dispersed data and heavy spreadsheet usage create a dependency on IT for even the simplest report request. • Management is working to execute the strategy, but often don’t have a structured program for tracking performance and identifying trends that could significantly impact the business over the long term. • Employees don’t have a clear understanding how they are measured relative to their contribution to the corporate goals and objectives, and often don’t understand how what they do links to the overall corporate strategy. © 2012 KPMG Business Advisory Sdn. Bhd., a company incorporated under the Malaysian Companies Act 1965 and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved. Printed in Malaysia. 14
Page 1 and 2: Business Intelligence to Drive Busi
Page 3 and 4: Introduction to the Speakers BRADLE
Page 5 and 6: What is Business Intelligence? Busi
Page 7 and 8: But BI has not succeeded as promise
Page 9 and 10: And Top Drivers for Analytics Inves
Page 11 and 12: BI - More than Reporting There are
Page 13: Information Challenges, Pitfalls an
Page 17 and 18: BI Success Factors Data • Define
Page 19 and 20: Different Approaches to Business In
Page 21 and 22: How does BI systems support Decisio
Page 23 and 24: Comparison of BI Approaches
Page 25 and 26: Comparing various Approaches for BI
Page 27 and 28: KPMG’s Integrated Approach to BI
Page 29 and 30: Performance and Risk Key Elements
Page 31 and 32: Our Enterprise BI Framework Our Bus
Page 33 and 34: Appendix

What is Business Intelligence? - Pikom

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?