Business Analytics Vision & Strategy Definition

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Business Analytics Vision & Strategy Definition

"Defining and realizing a coherent, well-targeted and realistic Business Analytics & Performance Management vision and strategy is about much more than going out and buying the "right" software. A Business Analytics & Performance Management Vision is derived directly from the overall corporate strategy, as the purpose of  BA and PM is to introduce a set of processes and instruments that will allow to closely track our performance and execution against that strategy."

- Stijn Vermeulen, Managing Director

element61 has the senior expertise it takes to define a Business Analytics & Performance Management Vision and Strategy document. For some companies, depending on their complexity, ambition and current BA & CPM/EPM maturity, this may be starting out with a quite basic Business Analytics initiative in order to improve management reporting. For other companies, this may encompass the introduction of a complex and integrated combination of Activity-Based-Management, advanced predictive data mining algoritms, Balanced Scorecard KPI's, introducing the concept of Data Stewardship in the organisation and setting up a Performance Management Competence Center.

element61 can assist you in assessing what components of the Performance Management agenda will best benefit your organisation as part of an overall PM & BA Strategy. Our Senior consultants have experience in both developing and implementing these strategies in a wide range of companies of different industries.

Contact us to learn more about defining a Business Analytics strategy and vision.