Data is exploding; IT teams are wrestling with data management, security, and accessibility; end users are trying to get analytics however they can.
Recently some customers have challenged whether it’s possible, or even relevant, to define an enterprise data and analytics strategy in these days of self service and continuous disruption.
As tempting as it may be to practice analytics isolationism – just focusing on departmental analytics – the lack of an overarching vision and road map will only lead to (more) data chaos, redundant and inconsistent development, and higher total cost of ownership. So the short answer is yes, an enterprise strategy, including both a vision and a road map, is more relevant than ever!
But you need both a long-term strategy and shorter term tactical capabilities In other words, a “think big, start small” approach. Develop the vision and build out the business views to support self-service and address functional priorities.
Approach it pragmatically. A great place to start is by reviewing existing reports; develop the business views from there. Then prioritize additional, significant efforts based on corporate business strategy.
Don’t forget to leverage best practices and apply “right sized” analytic and data governance. BI/analytics competency centers are not dead; they also are also more relevant than simply defining and operationalizing your data and analytics strategy.
So beware of tempting shortcuts, you’ll only end up with a major initiative, two to three years down the line, focused on addressing the data silos and conflicting non-aligned analytics.
To quote Aristotle: “The whole is greater than the sum of its parts.”
Read more about Data & Analytic Strategy and BI Competency Centers:
- SAP BI Strategy eBook reviews the SAP BI Strategy Framework, challenges, and best practices in developing a business driven BI/Analytics strategy.
- SAP BICC eGuide reviews definitions, roles, and benefits of a BI/analytics competency center or center of excellence, organization models, and key roles.
Image: m01229 via Flickr