6. FUTURE SCOPE

Scope of BI should include making the best use of information for strategic, tactical, and operational needs. Your purpose in building BI strategy is to help business with long-term planning, help middle management with tactical reporting, and helps operations with day-to-day decision making to run the business efficiently. BI is all about providing people with the information they need to do their jobs more effectively. A wide range of BI services need to be provided to meet a wide range of requirements. Scope of BI Strategy should be determined by the business drivers and business goals. Scope should always account for the changing business requirements to keep the BI strategy aligned with business. You should not limit your ability to apply the principles with a restrictive BI strategy. BI strategy should include a broad set of processes, technologies, and stakeholders for collecting, integrating, accessing, and analyzing information for the purpose of helping enterprise make better business decisions. BI solutions should enable users to be able to quickly adapt to new business requirements and evolving sources of information. Overall, BI vision should be planned in advance of any iteration being implemented. It is vital to establish a BI vision to ensure that implementation of specific components fits in the overall BI strategy. BI strategy should state and document the needs as identified by the stakeholders, highlighting how BI fits into the broader enterprise vision. BI strategy should take into consideration appropriate framework, methodology, processes, governance, systems, and technology to deliver value that aligns with the business objectives and priorities.

Fig 10 : BI aligning with enterprise strategy to deliver value