The goal of business intelligence governance in any corporation or enterprise to is to make sure that projects with the most potential value must take priority over any other projects. The basic idea of prioritizing business intelligence into workable projects is the primary way to leverage business data. By creating and prioritizing executable strategies based around the information that is gathered using BI tools will lead to more productive future planning.
The main problem at the moment with companies that want to use business intelligence information in the best possible is the fact that majority of decisions that are made based on this information come from subjective views of the company instead of hard line objective facts. Given this issue, it necessary to set guidelines and rules on how to treat each key indicator and then devise an objective plan to take the appropriate action.
Roles should be handed out by management on who gets to view certain pieces of the overall business intelligence. This will reduce subjective decision making because the information will parted into silos and each individual who is responsible for their piece of information will strictly provide objective decisions based on the bi set that they are assigned to.
Overall, it is very important that projects which will add the most amount of value to the company be taken care of first. Without understanding how to leverage BI tools appropriately, it is very difficult to stay objective in your decision making. The BI tools provide a treasure chest of information but it a matter of how a company utilizing the information, which makes a difference.
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