BI - Folie 1 Word Scramble
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Question | Answer |
Challenges of BI? | Quick thinking Quick decision making Quick action based on decisions |
Business Darwinism? | Survive Compete Replicate Adapt |
Recognize and analyze changes? | Understand customer expectations Relationship Marketing Trends Data Mining |
Strategy Implementation barriers? | Vision Barrier People Barrier Management Barrier Resource Barrier |
Value Laws of information? | Shareability of information Value increases with use Depreciation of value over time Increasing value with accuracy Increasing value with integration Volume versus value of information |
Increasing Value by shortening the action Distance? | Business Event, Data stored in data warehouse, information delivered, decision made, action taken |
Maximizing the utility value of the asset information | identifying most critical information needs and the relevant information recipients leveraging the most useful communication channels to supply the information to the recipients goal: minimal analysis latency |
Closed Loop Principle? | Plan, Monitor, Analyze, Act |
Communication and Implementation of closed loop? | Communicate your strategy and how to measure success and failure by KPIs, measure your kpis, analyze them, decide and act |
Balanced Scorecard | Learning&Growth, Internal Business Process, Financial, Customer |
Data Warehouse? | Is the main repository of the organization's historical data, its corporate memeory. |
Data Warehouse by Bill Inmon | subject-oriented time-variant non-volatile integrated |
Data Acquisition? | ETL: Extraction, Transforming, Loading E: Filtering of the required data from the operational data sources. T:Synctactical and semantic data preperation L: Inserting data into the DW |
World of strategic business intelligence? | IT-perspective: Communication, Information Models, Data Business-perspective: Strategy, Performance indicators, stakeholders |
Decision Making Level? | Operational - high frequency - daily decisions tactical - middle strategic - low - long term decisions |
Key Analysis Methods? | Slicing, Dicing, Drill-Across, Drill-Down, Roll-up |
Created by:
alexander.santiago
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