In the first article in the series, “Any Fool Can Know. The Point is to Understand” we discussed how utilizing an Information Centric Approach can improve decision making capabilities. Now we will discuss how information presentation design fosters insight.
Many companies’ BI solution design still feature a very hierarchical, structured information presentation, which can disrupt people’s natural analytical methodology and hinder their path to insight. Rethinking the display methodology, to both prioritize the information, and to emphasize issue identification, validation and investigation significantly improves overall usability, and retained knowledge. This need to focus is further magnified, as users increasingly access and consume this information on mobile devices.
A mature, fully functional BI system is able to apply analytics to transform large amounts of data into information, providing insight and spawning action. As a Retail Practice Advisor, I have had the opportunity to work with a number of companies at different points along their BI maturity lifecycle, and have seen many struggle with efficiently transforming information into knowledge.
“Before jumping right into solving a problem, we should step back and invest time and effort to improve our understanding of it.”
- Albert Einstein
Pandera Advisory Services is committed to providing industry expertise and a proven collaborative approach to successful execution of our client’s initiatives. Primed with years of industry acumen and successful technology implementations, the Pandera Advisory team enables the execution of strategic solutions focused on operational process improvement while managing cost, scalability and usability.
Pandera Practice Advisors enable the delivery of complex and multifaceted solutions in today’s intricate business environment requiring innovative integration strategies that understand the ongoing interplay between business and an ever evolving technical environment. Understanding your business while mitigating regulatory and compliance constraints, shifting business priorities and strong political cultures, our advisor team brings the right mix of industry insight, technical expertise and user adoption strategies to position organizations to remain agile in a world of ever changing needs.
Delivering actionable information to improve decision making capabilities, should be an implicit and fundamental goal of any Business Intelligence initiative. In my role as Retail Practice Advisor, I have seen many companies fall well short of this goal, largely due to their underlying approach.
Companies need to consider, and approach, BI as an enabling technology and seek to integrate all available data and develop the relevant analytics, unfettered by their existing reporting portfolio. Utilizing an information centric approach to guide the design, measurements and solution architecture enables quantum advances in business insight and analytic capabilities.
Join us in Charlotte, NC on September 30th at The Ritz-Carlton for the Carolinas MicroStrategy User Group Meeting. MicroStrategy customer speakers will be sharing their experience and knowledge. We will also be covering MicroStrategy 10, and Pandera’s own Josh Sutton will be discussing PIG scripting with Hadoop and Visual Insight. The meeting will conclude with vertical break outs for Healthcare and Retail, as well as one-on-one sessions available to answer any questions you may have about SDK, MicroStrategy training, or Big Data. Several lucky attendees will also walk away with free iPads.
Directly following the meeting, there will be a beer and wine reception, where you can connect and mingle with other MicroStrategy users, partners, and your account reps over drinks. (more…)