Finance and Accountancy Briefing
How to get full value from your business intelligence
Overview
Just as satellite navigation systems guide millions of us daily, so management information systems provide directors hourly with vital business intelligence for decision-making. In a fast-moving, global business world, directors must take decisions in situations they've never encountered before-with each new decision different from the last one. It's like driving an unfamiliar route. If you have sufficient time to learn the route there's no need for a sat-nav-intuition is fine.
But do managers have time to learn given rapid job rotations, the faster pace of more complex decision-making and the consequences of failure? They need timely and relevant information to inform them about changing circumstances. And just as the sat-nav monitors for disruptions in traffic flow and looks for patterns to predict jams, so high-quality business intelligence systems behave similarly by foreseeing issues.
People who read this also read these
More from Sage Group Plc