How To Use Business Intelligence To Build Business Resilience
by Francis Maina | on January 31, 2012
You Too Can Use Business Intelligence To Build Resilience In Any Business
Business Intelligence (BI): for Resilience Building in any business –
Definition of BI…”is the ability of an ‘any’ organization or business to reason, plan, predict, solve problems, think abstractly, comprehend, innovate, and learn in ways that increase organizational knowledge, inform decision processes, enable effective actions, and help establish business goals.” (Wells, D. 2008)
Business Intelligence activities are wide and varied dependent on organisational needs and the framework within which they operate.
These business intelligence activities are carried out with a view to strengthen the organisations ability to conduct its business operation with minimal disruptions and to ensure business continuity in the event of a disaster or incident.
In this topic we will be looking at the business intelligence activities and issues that are important to any company (x) in terms of building a robust and resilient organisation. Business intelligence activities and issues can be broken down along organisational structure layouts to determine their relative importance and interconnectedness in a view to build preparedness into the companies’ culture.
Business Intelligence for Home Based Busineses and Small-Medium Enterprises (SME’s)
As one of the many Small-Medium Enterprise (SME) in a highly saturated and extremely competitive home based business sector, company x, needs to consider the main drivers within their structure that define what it needs and what it aims to achieve with its’ business intelligence.
These Small-Medium Enterprise (SME)/ Home Based Business structures should aim at building and contributing to organisational resilience through, as noted in:
Many would be entrepreneurs in SME’s and Home Based Businesses should aspire emulate structure of prominence as espoused by:
Attaining Desirable Results Through Use of Business Intelligence To Create Sustainability and Resilience In Any Business
Business Intelligence on the internal aspects has to be well in areas that will bring about the desirable outcome in respect to:
Conversely, the business intelligence external drivers will be more geared towards attaining compliance with the new direct sales self-regulatory bodies (Direct Sales Associations), the better business bureau on issues such as ethos, integrity and honesty and other governing agencies on issues such as disclaimers, privacy, taxation issues.
Business intelligence within the resilience building context bring about a behavioural synergy that would emerge as a result of “assembling ongoing interdependent actions into sensible sequences that generate sensible outcomes” (Weick, 1979, p30).
The basic Entrepreneurial structures in SME’s and Home Based Businesses are typically based on silos, top-down managerial directives covering the core business competence vis-à-vis financial and human resources, marketing and operations.
Primarily desktop intelligence is the crucible of all the departments. All the planning and direction of its activities emanates from here. Various types of data are collected in the respective areas and processed to give meaning to the intelligence, which is then analysed and demystified for dissemination to the front lines for implementations.
How To Use Business Intelligence To Build Business Resilience Part II…coming up soon
In the meantime, start building Security, Continuity and Resilience to Your Small-Medium Enterprise (SME)/ Home Based Businesses TODAY! read and follow the robust Online Entrepreneurs Wanted; How To Use Business Intelligence Option The Black Book
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Only Serious Entrepreneurs need contact Francis personally for further details on How To Use Business Intelligence To Build Business Resilience
To your success and resilience
Francis Maina
Your Business Resilience Consultant and Business Mentor
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Copyright © Francis Maina 2012
email: homebasedbusinessresilience@gmail.com
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About The Author: Francis Maina
As founder of i2c Network online powerhouse for building business continuity, security and resilience. Francis is passionate about engaging, enhancing and empowering home based businesses (HBB's) and small and medium sized enterprises (SME's) realise their full potential.
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