Business Intelligence Capabilities Model: BI Capabilities
$599 – $1,499
Product Description
Business Intelligence Capabilities Model: Data Analytics and Business Intelligence Capabilities Model (BI and DA Capabilities) is a comprehensive, industry-agnostic, multi-purpose, functional area business capability map. CIOPages.com Business Intelligence capabilities model spans all critical areas of Business Intelligence and Data Analytics and is a hierarchical decomposition of “What” BI function does. The Data Analytics and Business Intelligence Capabilities model comprises 175 capabilities across three levels.
Data Analytics and Business Intelligence Capability Model Deliverables:
- Data Analytics and Business Intelligence capabilities in a multilevel format in Word, a nested visualization (two levels) in PowerPoint, and an Excel file. The model comprises 175 capabilities across three levels.
- Capability Definitions (Level 3)
- Capability KPIs (Level 2)
FREE BONUS Deliverables
General Intro to Capability Modeling
Business Architecture Framework
Business Capability Profile Template
Capability Assessment Template - Criteria and Notes
Role and Responsibilities of Business Architecture Leader
Why do we need a Business Intelligence Business Capabilities Model?
Today, every enterprise is in the throes of transformation wrought by megatrends – changing demographics, rising customer expectations, and digital and cognitive technologies. Data-driven decisions are the heart of this new wave of remaking companies to survive and thrive in the hyper-competitive world. Business intelligence is no longer a simple dashboard of what transpired in the past but is emerging into a real-time decision support engine, including prognostication.
Despite the emergence of business intelligence function as the heartbeat of an enterprise, there is a lack of understanding of underlying BI capabilities. Achieving business impact in a data-driven world is not easy without a clear understanding of the underlying capabilities and a capability-centric BI transformation roadmap.
The value of compiling BI business capabilities is invaluable as they help bridge the gap between business and IT, help understand the essence of what a business does, and align development efforts to strategic priorities, which allows evolve and enhance capabilities.
Ideally, your firm should have a structured and well-defined enterprise business capability model, with business intelligence capabilities as an integral part of the overall model. And furthermore, for the BI capability model to the actionable, it should be decomposed to a slightly granular level of capabilities (Level 2 or higher) for it to be actionable and to leverage in operational optimization and IT enablement projects.
One of the core functions of an enterprise is how it manages itself by making data-driven decisions. As such, Business Intelligence capabilities have become ever more critical in digital and big data era. CIOPages Business Intelligence and Data Analytics Business Capabilities Model intend to capture the detailed view and a nuanced perspective of what BI and DA function do. It includes the nuts and bolts function as well as emerging and value-add functions/capabilities.
The Business Intelligence capabilities matrix will help provide a jumpstart to envision a future state, conduct a gap analysis, identify which BI capabilities are required/needs to be improved, and help focus efforts on BI capabilities that matter!
What’s the Data Analytics and Business Intelligence Capabilities Model?
A business intelligence capability is an abstraction of the underlying flow and function of the BI area. It represents what BI does and can do in an enterprise setting. A business capability is a construct of business architecture (and enterprise architecture) and is helpful as a common lingua franca.
A business intelligence capabilities matrix is a holistic set of mutually exclusive and collectively exhaustive business intelligence and data analytics capabilities.
CIOPages.com BI capability reference model is a summation of the data to insight, and insight to action value streams.
The Business Intelligence Capability Model is decomposed into at least two levels across the spectrum of business intelligence and data analytics. Additional layers of decomposition, where necessary, are included.
The BI capabilities model is structurally sound, internally coherent, and readily customizable to tailor it to the needs of your enterprise.
Caveats:
- As the Business Intelligence Capabilities Model is a digital product, there are absolutely NO Returns.
- Depending on your industry, the type of Business Intelligence and Data Analytics functions and practices you have, and the scope of your transformation, some or all of the BI capabilities may not be relevant to you.
- If you are a consultant or a consulting company, there is different pricing, license, and terms.
- Sold on an as-is basis and with no warranties
- This sale does not include implementation help or support. If you need professional services assistance, please get in touch with us.
- Please review our standard terms of service.
Need Customization Help?
What are Business Capabilities?
Business capabilities have been the foundational building blocks for business and technology alignment, or the Rosetta Stone. Business Capabilities describe “What” a business does. Check here for a primer.
How should I use Business Intelligence Capabilities Model?
- Understanding the essence of an enterprise and what it does.
- Alignment between business and technology with a common language
- Mapping to Applications/Services to understand the footprint and coverage
- Creating a gap analysis between the current state and future state based on Capability Maturity
- Understanding business needs for IT enablement based on stable entities
- Conducting vendor analysis using capabilities to compare apples and apples
- Leveraging in M&A to compare capabilities and their maturity between two firms
But our Company is unique – will generic BI capabilities fit us?
Of course, every business is slightly different in some of its capabilities and how they operate. However, while there may be divergence at the edges, there is a lot of convergence at the core between most firms. The differences may be in the relative emphasis on the critical value streams and the absence or presence of specific capabilities and competencies based on your unique needs.
Last but not least, we don’t expect our BI capabilities matrix (or any other model) to fit you 100%. We hope you take this as a straw model or a base and a springboard to achieve the desired customization and specificity level.
If you need professional services to help tailor the Business Intelligence Capabilities Map to your needs and capture your firm’s unique essence, we can help.
Contact Us for Advisory Service details.
When should we buy a BI Capability Model?
Anytime is a good time! However, there are always triggers that may necessitate a Capability Model.
- Strategic review and revamp of Business Intelligence and Data Analytics Operations.
- Replacement or re-architecture of BI Systems leveraging modern software platforms
- Re-engineering BI processes
But we have a Business Intelligence Capability Model already?
In that case, you can go with the existing BI capabilities matrix, or if you require validation and cross-reference, you will still find our model valuable. After all, the price is less than the one hour of time spent on the combined brainpower assembled in the room.
What is my ROI?
The Value of Time Spent:
Typically, it takes a team of 5-7 to draft a Business Intelligence Capability Model:
- Product Manager
- Business Architect
- Enterprise Architect
- BI and DA Functional Experts – 2 or 3 to represent the broad spectrum of Business Intelligence functional areas.
Now you can multiply the average hourly cost of the team and the hours spent, and you’ll get the story.
Opportunity Cost:
In addition to the time spent and the associated costs of drafting routine BI Capabilities, you also have an opportunity cost.
By quickly adding/deleting/modifying the base set of business intelligence capabilities, your team will have the luxury of spending the balance of your quality time in conceptualizing and crafting the unique and specific BI capabilities, which capture the essence of your company and its BI practices, principles and perspectives.
Of course, let’s not forget the “Day Job” each of the SMEs (subject matter experts) could be doing.
Acceleration:
Instead of spending countless hours stretched across weeks or months, you can have a baseline of BI capabilities in a couple of sittings. That helps you expedite and accelerate Business Intelligence transformation.
Business Intelligence Capabilities Model: BI Capabilities
$599 – $1,499