Why Buy More BI?
It's not like you went looking to replace your BI platform
Why does your data not actually change anything?
Your company is drowning in dashboards
Teams have to look at a dozen dashboards to work out what to do now and next. When they finally figure out the right question to ask then its just another dashboard on the pile.
Your data team are stuck making them
The people who could be helping your business build rapid improvement cycles, are stuck iterating the report no one reads and the dashboard no one trusts.
Your people hate your BI tool
It's slow. It's needy. It's fiddly. It's ugly.\nPeople look at it rather than acting upon it because it's giving them too many questions and not enough answers.
Making BI mean Business Improvement
We all know data’s important. Good luck with your business success if you’re not using it. There was a time when just getting your hands on some data was the big unlock. Having more data on your customers than your competition made you king.
But think about your business right now. I suspect lack of data is no longer your problem. In fact you’ve got so much data you barely know what to do with it all. So many tools, so many metrics, so many dashboards, so much confusion and a data team run off their feet trying to keep all these plates spinning.
Having more data doesn’t feel like a winning formula anymore does it?
In all honesty, it never was.
The organizations who are winning aren’t the ones with the most data they’re the ones who are best at using data to improve their business.
Enter the improvement cycle
The improvement cycle is the methodology which turns data into value. It’s the scientific method applied to business problems.
To improve your business… first you need to **identify** the problem, **explore** your data to find a solution, **decide** on a course of action monitor the result to **learn** if your action worked.
It’s not rocket science, but it’s something that a surprising number of companies struggle with.
Only 16% of organizations believe they have a well structured process for business improvement and only 25% have a good understanding of their growth model.