Business Intelligence (BI) has emerged as a decision aid tool. It was initially viewed as a prerogative of analysts and senior management. Then the technology gradually became more democratic and accessible, as organizations came to understand that decision-makers, at all levels and in all departments, need access to relevant and meaningful information. In this article, we will discuss the most common mistakes that prevent successful BI implementation.
Lack of a clear definition of the business goal
Lack of a definite and thoughtful goal from the very beginning destroys the foundation of business analysis. The goals should be specific, but not global, and they should be aligned with your corporate interests. Recent research has shown that the volatility of the economy forces organizations to focus on tactical projects with low start-up costs and quick returns. Therefore, you may find it helpful to start with a few quick wins that are easily achievable. At the initial stages, they guarantee the support of all stakeholders.
BI tools can dramatically shorten the lead time for corporate projects, so you can quickly scale up and achieve significant success. Business intelligence implementations are easy to measure in terms of ROI, but when you get down to business with vague, intangible goals, you risk losing the offensive rush of your project. You can learn more about this here https://diceus.com/expertise/professional-business-intelligence-services/.
Failure to recognize that business analysis is about change management
The success of a BI system implementation project largely depends on the degree of participation of business users in it. Don’t discount them:
1. Employees who are underestimated and not involved in discussing and planning changes are likely to resist incomprehensible innovations.
2. In addition, business analysis changes not only processes but also behavior.
3. The goal of many business analysis projects is to create a culture of responsibility and continuous improvement, but failing to educate people about the benefits and benefits can lead to confusion.
Business performance management is not just about measuring productivity. Used correctly, it can be a powerful motivational tool. Each employee will be able to evaluate their contribution and receive a reward for their success. So get people involved early on. Quick wins will give a sense of project success and speed up implementation. Don’t get hung up on the technical aspects of the project, focus on educating the people who will use the results. But losing sight of the modern technology stack is also a mistake. You can learn more about the latest trends at https://diceus.com/services/software-development-consulting/.
Failure to involve the right people in the change process
Business analysis is usually the domain of finance and IT, but in the new decade, everyone, from a board member to a front-line employee on the sales floor or shop floor, needs to have easy access to the information they need. This self-service approach is replacing traditional BI models, which focused on delivering static, predefined reports that were developed by the IT department and were outdated at the time of their implementation, and also met the needs of only the highest level of management.
Ease of use also ushers in a new era in collaborative business analysis, where organizations are expanding the reach of their BI strategies to include the exchange of information between internal and external users.
Collaborative business analysis can improve any industry. We have seen that information in the hands of users affects everything from the efficiency of the manufacturing supply chain to the responsiveness of patient care in the emergency room.