| 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 |
