April 14, 2008
Success Factors in Project Delivery
1. Strong sponsorship from senior managers
2. Quick wins approach rather than big bang
3. Involve business users during the implementation
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I know these are no brainers in ensuring a successful project delivery but core success factors often come from no brainers. What we need is a simple reminder.
Scientific research claims that a regular person needs about 10,000 reminders before a concept naturally turns into action and starts to capitalize.
Hope this blog becomes one of 10,000 for your delivery excellence.
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Posted by William Cho at 7:45 AM | Comments (0)
February 27, 2008
Text BI
Thesedays I am starting to find growing interest in Text BI. It is about retreiving insights from unstructured data such as emails, blogs, call-center notes, videos, customer comments, online product reviews, etc. The great thing about it is that unstructured data consists of about 80% of entire company data but most companies are not paying attention to the hidden assets. There are vast opportunity to capitalize in this market.
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Posted by William Cho at 9:15 AM | Comments (1)
January 18, 2008
Goal of BI
What goald of BI? To create new money for business.
BI powers:
[RAW DATA]->[INFORMATION]->[BETTER DECISION]->[MORE MONEY]
With BI, raw data (that once used to be overhead) becomes an asset that generates profits.
Posted by William Cho at 11:45 AM | Comments (1)
