The main objective of BI Governance Components seems relatively straightforward – using data to advance your business. The technical aspect of BI presents some perplexity.
To understand the Business Intelligence governance process, you need to understand the progression of business intelligence. When a issue is identified, the solution may be a tool, a data warehouse, or a data mart.
Business Intelligence governance builds in flexibility by creating robust processes capable of scaling to any size and scope, and all aspects related to the approach of BI efforts are clearly defined. Along with a mechanism to manage your BI Governance strategy, BI governance provides measurements for gauging success.
There are four BI governance components :
- A BI governance committee
- A framework for the BI Governance lifecycle
- An end-user support structure
- A process to review BI programs
1. BI Governance Committee
The role of the governance committee is vital to the success of your BI Governance strategy. The Business Intelligence (BI) governance committee keeps you aligned with business goals.
In the beginning, the governance committee’s focus is on setting enterprise-wide BI impacts, identifying BI priorities and opportunities, securing funding, and providing mentoring resources for new efforts.
The main point of a BI governance committee is to provide greater visibility to all of the enterprise initiatives aligning with overall business goals and providing value to each participating entity.
2. BI Governance Lifecycle
BI Governance life cycle is a framework that includes all of the processes needed to implement a project of any size data integration; new analytical structures for the data warehouse; new views, cubes universes within the BI tool suite; data education for end users; an entirely new BI tool; tool training for end users; change management for existing data structures and others.
The framework has six sections:
- Tool selection
- Data integration
- Custom BI tool work
- User acceptance
3. End-User Support Structure
End-user will support focuses on providing assistance and education from a functional, technical, and data standpoint, always keeping the enterprise goals in mind. Supporting an end users effectively means that you can address the different levels of expertise while continuing the increase value.
Having an end-user support structure that focuses on these three main areas guarantees a knowledgeable and empowered BI community.
- Business Expertise
4. BI Program Review
One of the most challenging parts of BI implementation is the understanding value and review measuring success. BI is not constantly quantifiable and its role as an enabler does not easily fit into an ROI calculation.
Use BI as your baseline to determine if your BI environment is maturing and headed in the right direction. A BI review metric importance is the alignment with business goals.
BI governance is a framework that helps identify, deliver, and maintain the BI Governance strategy. Locus IT understands the unique requirements of industries and the particular challenges that exist in that industry and provides services and support accordingly. For more information please contact us.