Cookies help us display personalized product recommendations and ensure you have great shopping experience.

By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
SmartData CollectiveSmartData Collective
  • Analytics
    AnalyticsShow More
    software developer using ai
    How Data Analytics Helps Developers Deliver Better Tech Services
    8 Min Read
    ai for stock trading
    Can Data Analytics Help Investors Outperform Warren Buffett
    9 Min Read
    media monitoring
    Signals In The Noise: Using Media Monitoring To Manage Negative Publicity
    5 Min Read
    data analytics
    How Data Analytics Can Help You Construct A Financial Weather Map
    4 Min Read
    financial analytics
    Financial Analytics Shows The Hidden Cost Of Not Switching Systems
    4 Min Read
  • Big Data
  • BI
  • Exclusive
  • IT
  • Marketing
  • Software
Search
© 2008-25 SmartData Collective. All Rights Reserved.
Reading: Slow BI and the BIG Method Part 3
Share
Notification
Font ResizerAa
SmartData CollectiveSmartData Collective
Font ResizerAa
Search
  • About
  • Help
  • Privacy
Follow US
© 2008-23 SmartData Collective. All Rights Reserved.
SmartData Collective > Business Intelligence > Slow BI and the BIG Method Part 3
Business Intelligence

Slow BI and the BIG Method Part 3

Steve Bennett
Steve Bennett
5 Min Read
SHARE

Continuing on from my recent posts introducing the BIG Method of Slow BI, here are the major steps and also the amount of effort I would usually expect each step to take (expressed as a percent of the total budget):

So under Slow BI, you expend a minimum of 65% of your budget before you start the strategic development. If you were to do this under a more traditional SDLC, you would probably lose political support for your program, quickly followed by loss of budget. And you will not have had the time to deliver anything close to justifying the money you have spent up to that point in time. On the other hand, if you launch into rapid prototyping you will know so little about the underlying data, any prototype you show the business is unlikely to be successful and/or feasible.

How can you afford to spend this 65%? Well, you can still implement and deliver value to your stakeholders prior to this but you do it as a rapid response. In a sense, you mask the main activities of your team (data analysis) with a series of tactical, quick wins that address the low hanging fruit. You identify a portfolio of deliverables that are:

  • quick to …

More Read

New Social Media Section
Technorati Blog Search:Tags / predictive analytics
Speaking with Monty
Non-Consensual User Data Tests Violate Fundamental Rights
What Makes Dell’s VoC Program So Great?

Continuing on from my recent posts introducing the BIG Method of Slow BI,
here are the major steps and also the amount of effort I would usually
expect each step to take (expressed as a percent of the total budget):

So under Slow BI, you expend a minimum of 65% of your
budget before you start the strategic development. If you were to do
this under a more traditional SDLC, you would probably lose political
support for your program, quickly followed by loss of budget. And you
will not have had the time to deliver anything close to justifying the
money you have spent up to that point in time. On the other hand, if
you launch into rapid prototyping you will know so little about the
underlying data, any prototype you show the business is unlikely to be
successful and/or feasible.

How can you afford to spend this 65%? Well, you can still implement
and deliver value to your stakeholders prior to this but you do it as a
rapid response. In a sense, you mask the main activities of your team
(data analysis) with a series of tactical, quick wins that address the
low hanging fruit. You identify a portfolio of deliverables that are:

  • quick to achieve
  • specific to a small group of stakeholders
  • a solution has clear support from the benefiting stakeholder(s)
  • do not require an enterprise platform
  • solve a problem that is causing business pain
  • if at all possible, result in a concrete benefit – i.e. dollars
    saved through removal of a cost item, especially staff cuts. Mitigation
    of an identified risk is also good (especially an audit
    finding/compliance risk)
  • have a commitment from a stakeholder to quickly realise the benefit(s). 

What sort of projects are these in my experience? Usually they involve one or more of the following:

  • Replacement of a manual  (time consuming and/or unreliable) process. Usually involving Excel or Access
  • Involve a single department
  • Take less than 3 months from start to benefit realisation
  • Have permission from IT Architecture and Risk Management.

What are the main activities and deliverables of step 03?

03 Rapid Response

03.1 Business Problem Prioritisation

03.1.1 Risk/Reward Matrix

03.1.2 Rapid Response Priorities

03.2 Solution Design

03.2.1 Impact Statement

03.2.2 Business Benefit Statement

03.2.3 Business Commitment Statement

03.3 Rapid Response Program Schedule

03.9 Solution Build and Implement.

Next post: Planning, Analysis and Design.

Previous posts in this series:

  • Slow Business Intelligence
  • Slow BI and the BIG Method Part 1
  • Slow BI and the BIG Method Part 2

Link to original post

Share This Article
Facebook Pinterest LinkedIn
Share

Follow us on Facebook

Latest News

software developer using ai
How Data Analytics Helps Developers Deliver Better Tech Services
Analytics Big Data Exclusive
ai for stock trading
Can Data Analytics Help Investors Outperform Warren Buffett
Analytics Exclusive
data security issues with annotation outsourcing
Data Annotation Outsourcing and Risk Mitigation Strategies
Big Data Exclusive Security
NO-CODE
Breaking down SPARC Emulation Technology: Zero Code Re-write
Exclusive News Software

Stay Connected

1.2KFollowersLike
33.7KFollowersFollow
222FollowersPin

You Might also Like

Deloitte’s Top Technology Trends for 2011: Data Visualization and Real Analytics

3 Min Read

Oracle Acquires RightNow – First Take

3 Min Read

Leveraging Your Social Capital

6 Min Read
AI helps provide better dental care
Artificial Intelligence

AI Technology is Disrupting Dental Care in the Best Way

6 Min Read

SmartData Collective is one of the largest & trusted community covering technical content about Big Data, BI, Cloud, Analytics, Artificial Intelligence, IoT & more.

AI and chatbots
Chatbots and SEO: How Can Chatbots Improve Your SEO Ranking?
Artificial Intelligence Chatbots Exclusive
ai in ecommerce
Artificial Intelligence for eCommerce: A Closer Look
Artificial Intelligence

Quick Link

  • About
  • Contact
  • Privacy
Follow US
© 2008-25 SmartData Collective. All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?