Actionable business intelligence is the missing link between the acquisition of data and the creation of business value. One common problem businesses often face is the struggle to make sense of their data and create value from their investment in Big Data.
Key Attributes Making Insights Actionable
“73% of today’s businesses desire to be “data-driven” in their decision planning, yet only 29% of them believe they are successful in connecting data analysis to action items and in turn, long term business goals.”
How scalable are actionable insights from business intelligence?
In order to achieve sustainable success in task implementation, insight must be “actionable” as well as “scalable”. In order for scalability to take place, a company is advised to institutionalize a process where Decision Planning can be replicated across regions as well as disciplines within that company’s organizational structure. Such process also need support from both internal players (analysts, operation managers, and corporate leadership) and external players (consultants and service providers).
