EPM and BI resources on twitter

Happy 2014!

I wanted to take a minute and share some good EPM and BI resources on twitter that I follow.  Enjoy!

@marcusborba @timoelliott @Ken_Hansen @wjdataguy @ProjectXLtd @BIWisdom @jasprice @jhurwitz

@howarddresner @MadaboutBI #BIWisdom @nenshad @lewandog @shawnrog @FrankBuytendijk

And there are lots more.  Check out @rondimon and see who I follow.  Please feel free to suggest other folks I should follow.

Cheers!

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Data Consumption is undergoing a major shift

A good decision is based on knowledge and not on numbers.
—PLATO

As EPM practitioners, our job is to help deliver better insights to the business, and the starting place is delivering useful information: on time, at the right level of detail, to the people who can use it to make a decision that helps improve short and long-term results.

With the plethora of data we’re getting, and with the speed at which change happens and transactions occur, it’s getting harder to find out exactly where you stand. How, when, where, and why we consume data is undergoing a major shift: Read more of this post

8 Principles of Enterprise Performance Management

This is a list of what most of my clients tell me they want.  I propose that this list is exactly what EPM delivers.

So unless I hear otherwise, these are the 8 principles of enterprise performance management:

  1. We have a lot of data, we’re getting more every minute, and we want to use it to compete better;8 robots
  2. To use all that data, we want to gather it and transform it so that it makes sense;
  3. We want new insights into our business, based on the facts gleaned from the data;
  4. We want to know what levels of performance are possible in our industry, for our business, in the future; Read more of this post

Information Qualities

© Ruth Dimon, 2013

Photo © Ruth Dimon, 2013

When thinking about turning data into information, you have to consider all of the different qualities of that information. The following list is not exhaustive, but it’s more complete than we usually get when planning how and when (and where) we gather our data and transform it into something people can use.

This list is especially useful when designing business intelligence systems and planning on how to gather data and turn it into useable information.

Business Qualities of Information

Enrolling others in the possibility of EPM

I just blogged a bit more about the purpose of my book over here at the CheckPoint Consulting blog – check it out!

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