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In this issue there is a strong focus on the importance of data quality for the success of your BI project. We also take a look at the Financial Performance Management journey and considerations as organisations approach this important process.
Enjoy!
Sincerely,
Priscilla Doig
Marketing Manager Synergy Business Intelligence |
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What's next? CFOs get set for the "Reset Economy"
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Will Finance ever "get back to normal"?
Finance needs to reset expectations and cast a  dispassionate eye over costs, says McKinsey. A look at the questions CFOs must ask and the capabilities they'll need.
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Discover a best-practice approach to faster, smarter decision-making today
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Can you accurately forecast how a small price change in a single geography for a flagship product could affect sales and availability globally...or plant utilization...or any of a dozen key business metrics, including profitability? You can, when you know where your information sweet spots are and how to use them.
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Are you a BI Champion?
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Organizations often begin business intelligence (BI) or performance management projects without a strategy. These organizations quickly learn that small successes can lead to an unruly tidal wave of requests that can't possibly be handled without prioritization. Opposite that scenario, organizations that don't focus on maximizing their "sweet spots" of information among their vast data stores find it difficult to demonstrate the business case and value behind the technology.
By defining a strategy and understanding what you plan to achieve, you can lay an important foundation to getting a more strategic initiative off the ground. By defining both the business strategy and how the technology satisfies the need, you can go a long way to proving value to those who hold the purse strings.
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Two Boosts for BI Adopters |
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There's a standard list of reasons why BI projects fail: Inability to meet business requirements, lack of support from senior management, poor data quality, inadequate user training, performance problems, and old-fashioned bad development and testing efforts. Toss in people's tendency to resist change, and you have your work cut out for you if you hope to launch a system that will be accepted quickly.
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Best-practice budgeting
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 Everybody hates it. Everybody does it. The first step in your performance management journey.
Read the whitepaper >> |
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Rely on Data Quality to Survive |
 By utilizing the principles of data quality to improve business intelligence, companies can maximize service sales opportunities to ride out this economic storm while also setting their organizations up for success when the global economy recovers.
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When Data Can't Be Trusted, Master Data Management Becomes "Plan B" |
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For some time now, data has been moving around the enterprise at a faster pace. Banks, retailers, communications companies, healthcare providers and high-tech firms - they all have a more urgent need to share data across business applications, end users and core systems. The emergence of new technologies, most notably message bus solutions, facilitates these new levels of data exchange. But this data sharing reveals other problems, namely different versions of the same data.
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Do you have a tip or technique you'd like to share with other Synergy BI customers of IBM Cognos products?
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