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Strategy foundations to succeed with your data warehouse, reporting & analytics (part 1: The Strategy Development Framework) www.gnosi.com.au Prepared by: Arthur Dimitropoulos MBA MAICD CMA [email protected] au.linkedin.com/in/arthurdimitropoulos Date: April 2016 Copyright © 2016 Gnosi Professional Services ‘through 2017, 60% of big data projects will fail Gartner: September 15, 2015

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Page 1: Strategy development foundations to succeed with your data warehouse and analytics (part 1)   gnosi.com.au

Strategy foundations to succeed with your data warehouse, reporting & analytics

(part 1: The Strategy Development Framework)

www.gnosi.com.au

Prepared by: Arthur Dimitropoulos MBA MAICD [email protected]/in/arthurdimitropoulos

Date: April 2016

Copyright © 2016 Gnosi Professional Services

‘through 2017, 60% of big data projects will fail ’Gartner: September 15, 2015

Page 2: Strategy development foundations to succeed with your data warehouse and analytics (part 1)   gnosi.com.au

You need to develop your Business Intelligence (BI), Analytics & Insights strategy creation framework before commencing any BI, Analytics or Insights initiative to minimize risk and the probability of failure.

Your BI, Analytics & Insights strategy creation framework will include some of the following areas:• An initiative sponsor.• Creation of a Steering Committee to decide on:

• The Vision• Define Information• The Scope

Vision Scopeexample:

'Managing, communicating and acting on information,

intelligence and insights to effectively maintain and create

shareholder value'

Define Informationexample:

'storing and Communicating something

that is known'

example:• Areas/Activities • Purpose • Context • Time • Process

• Structure

Business Intelligence, Analytics & Insights Steering Committee

Strategy Creation Framework for Reporting, Analytics & Data Warehouse

www.gnosi.com.auCopyright © 2016 Gnosi Professional Services

Page 3: Strategy development foundations to succeed with your data warehouse and analytics (part 1)   gnosi.com.au

The principles in developing the philosophy behind the strategy creation framework include:• Supporting the achievement of the corporate strategy• Governance• End user focused• Developing internal capabilities• Productivity• Accuracy• Timeliness• Storage• Life cycle of data & disposing/archiving• Ethics• Development of employees• Internal & external data sourcing

www.gnosi.com.auCopyright © 2016 Gnosi Professional Services

Strategy Creation Framework for Reporting, Analytics & Data Warehouse

Page 4: Strategy development foundations to succeed with your data warehouse and analytics (part 1)   gnosi.com.au

Once the strategy creation framework has been developed your are ready to formulate the following strategies:• Data Warehouse• Reporting• Business Intelligence• Dashboard• Analytics• Modelling & Planning• Insights

Ensure the above strategies are aligned to the outcomes of the corporate strategy.

www.gnosi.com.auCopyright © 2016 Gnosi Professional Services

Strategy Creation Framework for Reporting, Analytics & Data Warehouse

Page 5: Strategy development foundations to succeed with your data warehouse and analytics (part 1)   gnosi.com.au

Corporate StrategyValue Chain

Strategy Development Framework forBI, Data Warehouse, Analytics, Modelling & Insights

Internal Technical Capability Review

End User Capability

Assessment

End User Survey

Define Future Technical

Environment

Strategy Implementation

Measurement of Implementation Success

Strategy Augmentation Feedback Loop

End User Workshops & Interviews

Requirements Process Map

Inventory Review

SBU & BU Strategies

Creation Of Roadmap for BI Strategy

Key Considerations

www.gnosi.com.auCopyright © 2016 Gnosi Professional Services

Strategy Creation Framework for Reporting, Analytics & Data Warehouse

Page 6: Strategy development foundations to succeed with your data warehouse and analytics (part 1)   gnosi.com.au

End of Part 1

Thank You

www.gnosi.com.auCopyright © 2016 Gnosi Professional Services

Strategy Creation Framework for Reporting, Analytics & Data Warehouse