Organizational Dynamics Paper Essay Example | Topics and Well Written Essays - 1250 words

Organizational Dynamics Paper - Essay Example Business intelligence also helps companies and businesses to survive during hard economic times. During such periods, it is not a surprise to find companies still spending on the processes of business intelligence because without such solutions, there is no business at all. In any case, there is a business; it is most likely on the decline in terms of productivity and revenues. Business intelligence is not a onetime thing; it is an ongoing process. Business intelligence goes on as long as the business is still running; the business intelligence continues to exist too. Business intelligence involves techniques based on computers that are used in the identification, extraction, as well as the analysis of business data (Electrosmart Ltd). The business data in this case could be revenue from sales made from given products, could also be sales that a given department has made, or the revenues that have been received from certain costs and incomes. A successful business intelligence proces s or unit has to have some qualities such as providing old, current, and views about future operations of the system. There are various functions associated with successful business intelligence process. Among them is reporting, the other one could be predictive analytics, the other could be data mining, and maybe complex event processing. The business intelligence technology implemented in an organization can only be beneficial if everyone knows the goals and aims of the business. With that in mind, it is easy to identify the business intelligence strategy to take with the technology to be put in place to help run the business. Business intelligence technologies are like decision support systems to organizations. In this respect, they are used to process certain information for the company, and the managers use the results they give and the management board to make critical decisions that affect the organizations current and future dealings (Microsoft Case Studies). Given that a bu siness intelligence program is not a onetime thing, it is a principle that has to be instilled into the business; it is a lifetime process. In this regard, the technologies are implemented in a program that takes some time. The program for successful and effective business intelligence has to include: 1. The development of a business intelligence strategy 2. Assessment of the readiness of the business to the application of the strategic, readiness and maturity for the technology to be put in place. 3. Definition of the business intelligence policy 4. Governance of the business intelligence once put in place 5. Identification of the business intelligence opportunities; This further includes defining the requirements of the business; development of the blueprint of the business intelligence; selection of a vendor and evaluation of the business intelligence alternatives. 6. A portfolio of the business intelligence also has to be defined. This is the roadmap that has to be followed when deploying the business intelligence in a manner that is effectively incremental, as well as sustainable at the same time. There are various business dynamics driving businesses to look for new ways of sustaining their business activities. These are the reasons why business intelligence has been at the forefront of the needs of these businesses. Companies believe that in order to make it big in the business world today, there needs to be more that human resources at the