Business and Strategy Assessment

The most critical step for a successful business intelligence solution is assessing your current situation and determining what is needed for success. The experienced DataFive team will review your current infrastructure, discuss your needs and determine an implementation strategy that delivers a solution quickly and effectively.

The assessment focuses on both business goals and the technology infrastructure necessary to achieve those goals. Business goals inform what technology, infrastructure and processes are necessary to successfully build a solution that meets your needs. Too often business intelligence stakeholders lead with technology first and ask business questions later. Instead we focus on the needs of your business first and build a solution to meet those needs.

Many companies have a strategy in place, but run into problems executing that strategy. We use several tools (Key Performance Indicators, Balanced Scorecard, Constituent Dashboards) to help organizations translate strategy into the day-to-day tasks that employees need to focus on. Small business executives consistently name strategy execution as their number one challenge. 80% of CEOs feel that their organizations fail to effectively translate strategy into action within their organizations. We can help you align your organization to your strategy, and then give your team the tools they need to execute.

During this phase we will be answering the following questions to establish a framework for your business intelligence solution. The answers drive the implementation and data analysis phases.

Business

• What is the business strategy and objectives?
• Has the strategy been communicated in an executable way?
• What information is necessary to improve decision-making and achieve your business objectives?
• How often does this information need to be reviewed?
• What Key Performance Indicators (KPIs) should be used in order to measure the success of your strategy?

Technology

• Are there any systems already in place capturing needed data?
• What is the quality of the existing data?
• In what format should the information be delivered (web, email, Excel, PDF, mobile, etc)?
• Are there any issues with the current infrastructure?

To get started with a process that will put better business decisions within reach, contact the experts at DataFive.