Crafting Best-in-Class Business Intelligence

First Friday Book Synopsis

Here’s an excerpt from article written by Jamie Campbell, Kenny Kurtzman, and Adam Michaels for strategy+business magazine, published by Booz & Company. To read the complete article, check out the free resources, sign up for email updates, and obtain subscription information, please click here. * * * Start by choosing the metrics that matter most [.].

Get a Better Return on Your Business Intelligence

Harvard Business Review

There is a lot of hype and buzz around business intelligence. Companies are investing millions of dollars in business intelligence technology. However, unless this is accompanied by the simultaneous creation of a strong foundation for taking intelligent business actions, they are unlikely to reap a good return on that investment. So by learning how pilots are successful, leaders can get a much better return on their business intelligence initiatives.

Trending Sources

Leadership and Knowledge Management

N2Growth Blog

Let’s see if we can bring this issue a bit closer to home for some of you…Ask yourself the following questions: Have you ever had a disruption in business continuity because someone who possessed a wealth of experience and/or information retired, quit or was terminated?

Complimentary Resource – Business Intelligence: The Definitive Guide for Midsize Organizations

Strategy Driven

Business Intelligence : The Definitive Guide for Midsize Organizations. Get the latest on business intelligence and how midsize companies can put it to use for competitive advantage. SAP is the world’s leading provider of business software.

End the Chaos: A Better Approach to Business Intelligence

Harvard Business Review

Our business units are all trying to do the same thing with different tools," she says. Business executives are unaware of the extent to which their staffs routinely reinvent the wheel to get the information they need. It's the wisdom of crowds driving better business actions.

The Definitive Guide to Enterprise-wide Analytics Alignment

The Kini Group

It’s difficult to set up, difficult to maintain, and difficult to determine its impact on the business. Everyone has heard of the concept ─ data technology that helps all teams within a company, manage, protect, and analyze their data. Business Intelligence

Complimentary Resource – Strategic Business Intelligence for HR: 6 HR Metrics No Executive Should Be Without

Strategy Driven

Strategic Business Intelligence for HR : 6 HR Metrics No Executive Should Be Without. By analyzing and reporting on the full range of HCM data, business intelligence uncovers the insights executives need for smarter staffing, planning, and budgeting decisions.

How Top Pricing Managers Drive Profits: 6 Skills to Success

The Kini Group

Pricing managers are in the tough position of having both feet in different worlds. As the number of pricing analysts grows, so does the need for innovative, capable, and confident pricing managers. This is where pricing psychology plays a big part in a pricing manager’s role.

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Complimentary Resource – The Truth About Mobile Business Intelligence: Five Common Myths Debunked

Strategy Driven

The Truth About Mobile Business Intelligence : Five Common Myths Debunked by Information Builders, Inc. This white paper will examine the five common myths associated with mobile business intelligence and uncover the facts about cost, implementation, and capabilities.

TCO 2

5 Reasons CFOs Struggle with Financial Reporting and Analysis (and How to Overcome the Challenges)

The Kini Group

The remainder of the C-suite wants better access to insights uncovered so that they can make faster business decisions and better evaluate their teams’ performance. On top of this, CFOs have been tasked with external auditor relationship management. Too Much Technology to Manage.

5 Reasons CFOs Struggle with Financial Reporting (and How to Overcome the Challenges)

The Kini Group

The remainder of the C-suite wants better access to insights uncovered so that they can make faster business decisions and better evaluate their teams’ performance. On top of this, CFOs have been tasked with external auditor relationship management. Too Much Technology to Manage.

The Leapfrog Opportunity For Executing Strategy (Summarized)

Six Disciplines

This inflection point has developed primarily because large corporations have made huge investments developing best practices for effective management, strong leadership and strategy execution. Built upon the results of these efforts, we believe the coming Execution Revolution will result in an order-of-magnitude change in cost that will allow small to midsized businesses not only to catch up, but to actually leapfrog, larger organizations in their execution management capabilities.

Complimentary Resource – Data, Data Everywhere: A Special Report on Managing Information

Strategy Driven

Data, Data Everywhere : A Special Report on Managing Information. Learn how businesses are transforming themselves based on the abundance of data, and benefits found in the various uses of information and the new methods of visualizing data.

Yes, Managing IT Is Your Job

Harvard Business Review

These "channel" systems helped steer business to American Airlines. ERP systems, RFID , knowledge management, business intelligence) have washed over organizations. So, where is managing IT for competitive advantage going next?

Getting the Most Use Out of Business Analytics

Chartered Management Institute

Businesses now have more and easier access to vital information than ever before. One of the reasons for this is because of the advances being made in information technology (IT) and business intelligence (BI). Business owners can now reach new customers and business opportunities by managing, gathering and interpreting data and information.

An Introduction to Data-Driven Decisions for Managers Who Don’t Like Math

Harvard Business Review

Not a week goes by without us publishing something here at HBR about the value of data in business. Big data, small data, internal, external, experimental, observational — everywhere we look, information is being captured, quantified, and used to make business decisions.

Complimentary Resource – Forrester Research Report: The Business Impact of Mobile Engagement

Strategy Driven

Forrester Research Report : The Business Impact of Mobile Engagement. StrategyDriven has partnered with TradePub.com to offer you complimentary one-year subscriptions and/or free trials to dozens of leading business publications.

GC29: GamifiKaizen: Using gamification for continuous improvement | with Gal Rimon of GamEffective

Engaging Leader

GamEffective strives to be the “Fitbit of work,” taking the place of traditional performance management, feedback, and even continuous improvement practices such as kaizens. Previously, was CEO of Gilon-Synergy Business Insight, a national leader in Business Intelligence.

Complimentary Resource – The Road to BI Success

Strategy Driven

Better decision making is more important when resources become restricted during a recession, so BI and analytics projects will still appeal to management. Complimentary Resource – Improving Organizational Performance Management Through Pervasive Business Intelligence.

Complimentary Resource – Picture This: Self-Service BI Through Data Discovery and Visualization

Strategy Driven

Read how business leaders are using visualization software to run like never before. StrategyDriven has partnered with TradePub.com to offer you complimentary one-year subscriptions and/or free trials to dozens of leading business publications.

Complimentary Resource – Performance Management in a Small-Business Culture

Strategy Driven

Performance Management in a Small-Business Culture. While introducing formal, automated processes for performance and goal management into your unique small business culture may seem crazy, in reality, it may just be the perfect union.

The Leapfrog Opportunity For Executing Strategy (Summarized)

Six Disciplines

This inflection point has developed primarily because large corporations have made huge investments developing best practices for effective management, strong leadership and strategy execution. Built upon the results of these efforts, we believe the coming Execution Revolution will result in an order-of-magnitude change in cost that will allow small to midsized businesses not only to catch up, but to actually leapfrog, larger organizations in their execution management capabilities.

Everything you need to know about leadership, you learned in Kindergarten

Women on Business

In Kindergarten we learned to always say it, can you imagine the change in the business world with that one little thing? One of the first things we learned in Kindergarten was that everybody would get a turn, and in business we have completely unlearnt that skill.

15 Analytics Capabilities to Consider When Choosing Your Next Big Data Solution

The Kini Group

If you managed to do it once, it would feel like a major achievement. The constant pursuit of actionable insights for strategy improvement is crucial to your business. Start with your business goals and then each team’s KPIs to meet these objectives. Business Intelligence

Complimentary Resource – Facilities Shoptalk: An Overall Guide for Successful Facility Management

Strategy Driven

Facilities Shoptalk: An Overall Guide for Successful Facility Management. Facility Managers can use several strategies to help create a clean, safe and more eco-conscious organization for any season, all while preparing, running and maintaining your facility at a highly efficient level.

Free Webinar: Customer Centricity – is it a Panacea or a Pipe-Dream?

Krishna De

I am delighted that in our next free webinar, I will be joined by Elaine Fletcher Partner in the Business Analytics and Optimisation Group of IBM Global Business Services, where she leads the strategy, development and deployment of repeatable propositions across all market sectors.

Why your employees are your brand

Chartered Management Institute

I wrote recently about 5 ways social business is affecting the culture of our organisations and all of those feed into our brands, because all have a distinct impact upon the way our employees behave. Adi Gaskell is a management writer and social business expert. In our knowledge economy, what would you say your brand is all about?

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100% Of Companies Have This Problem

N2Growth Blog

By simply being willing to stop the madness and reclaim the asylum from the lunatics (inept leaders, lazy managers, and fee happy consultants), huge gains in morale and productivity can be quickly achieved. By Mike Myatt , Chief Strategy Officer, N2growth.

Getting closer to the customer is the key issue for Marketing Execs

Strategy Driven

Johnson runs a business devoted to facilitating conversation between, and asking challenging questions of, the marketing and communications community. What are the most important topics for marketers?

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Free Webinar: Customer Centricity – is it a Panacea or a Pipe-Dream?

Krishna De

I am delighted that in our recent free webinar, I was joined by Elaine Fletcher Partner in the Business Analytics and Optimisation Group of IBM Global Business Services, where she leads the strategy, development and deployment of repeatable propositions across all market sectors.

Bookseller Leadership Mistakes

Coaching Tip

As the business grew, it was time for the Borders brothers to hire a professional CEO. Unfortunately, the Borders CEO didn''t recognize that the Internet was changing everything.including the book retail business. But business trends proved Borders'' strategy wrong.

Leadership Lessons From the CEO of Scripps

Steve Farber

I was introduced to Van Gorder by one of his executive team, and–even though I’d read his book, The Front-Line Leader –I wanted to hear his advice for entrepreneurs and small business leaders striving to create a positive culture.

Complimentary Resource – Reaping the Benefits of Next Generation Dashboards

Strategy Driven

This white paper explores how organizations are demanding more integrated and flexible business intelligence solutions that facilitate more timely and informed decisions, as well as how next generation of dashboards solve these challenges.

The Visual Organization Achieves Data Discovery

Coaching Tip

Some work in concept but fail because they are too busy; they confuse people more than they convey information. The long-term aims of dataviz is making better business decisions and even prediction. . Dataviz shares the same ultimate goal with data mining, business intelligence (BI), analytics and enterprise reporting: to make more informed business decisions. From this, they identify potential management issues and see what a corporate reorg really looks like.

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You Can Make Your Sales Data a Lot Better with a Little Discipline

Harvard Business Review

Business intelligence is projected to grow to a nearly $26.9 And let’s say that an account existed under the full name, International Business Machines Corporation, so that the entry listed under the abbreviation results in data fragmentation and confusion. They’re free, globally recognizable, high-quality data points that enable you to efficiently gather information on a business’s industry, online activities, and functionality. Vincent Tsui for HBR.

Complimentary Resource – Reporting & Workforce Intelligence eGuide for HR

Strategy Driven

Reporting & Workforce Intelligence eGuide for HR. You’ll also uncover tips you can begin using immediately to gather the metrics you need to focus on business goals and anticipate future trends in the workforce. by Ultimate Software.

Complimentary Resource – Six Mistakes Companies Are Making Today And How You Can Avoid Them

Strategy Driven

When the economy slows, many businesses react by retrenching and cutting costs in order to weather the downturn. The paper highlights six common mistakes companies make in a down economy, and how organizations can use business intelligence to avoid them.

Complimentary Resource – Understanding and Investing in Information Intelligence

Strategy Driven

Understanding and Investing in Information Intelligence. In this paper ESG’s Senior Analysts, Brian Babineau and Katey Wood, describe why organizations should strive for better information intelligence. by StoredIQ, Inc.

Everyday Business Travelers Are Easy Targets for Espionage

Harvard Business Review

James Bond might be the world’s best-known spy, but nowadays even an obscure international business traveler could face similar surveillance threats from a hostile foreign intelligence service or even a business competitor. Business Travel.

Complimentary Resource – Change Is Constant: PMBOK Guide 5th Edition

Strategy Driven

The fifth edition of the PMBOK Guide® was released and once again the profession of project management moved forward. StrategyDriven has partnered with TradePub.com to offer you complimentary one-year subscriptions and/or free trials to dozens of leading business publications.