Enhancement of business intelligence and analytics tools and methodologies is achieved with the Integrated Enterprise Excellence (IEE) business management system.
Enhancing Business Intelligence and Analytics Tools and Methodologies
The described Business Intelligence Enhancements methodology incorporates a predictive scorecard system with BI analytics and process improvement.
Business Intelligence (BI) Objective
Business Intelligence (BI) incorporates an organization’s ability to compile knowledge and to use that knowledge to develop new opportunities. Business Intelligence provides a linkage between historical and current information to provide a predictive view of operational processes. Business Intelligence encompasses processes for reporting and use of analytics that facilitate overall decision-making events.
Business Intelligence Enhancements through Integrating Business Intelligence Techniques with Predictive Scorecards
Integrated Enterprise Excellence (IEE) provides a roadmap for integrating Business Intelligence (BI) with predictive scorecards which results in business intelligence enhancements. The IEE system is shown in Figure 1, where step 2 describes an IEE value chain (See Figure 2), which provides linkage of process steps (rectangular boxes) to predictive scorecards (oblong boxes). The rectangular boxes in Figure 2 can be drilled down to detailed BPM processes.
Integrated Enterprise Excellence (IEE) Business Management System with Value Chain Step Highlighted
IEE Value chain, where rectangular boxes can be linked to detailed BPM procedures
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