Browse by Tags

Related Posts
  • Blog Post: Business Intelligence Basics: Having a Target/Goal

    “Business intelligence” can be a term that has a rather generic meaning, meaning many different things to many different people. Throughout all these definitions there is generally one central theme: That of providing timely information to decision makers such that they can make decisions that help drive...
  • Blog Post: Business Intelligence Basics: Having a Target/Goal (Part 3)

    Last entry, I discussed how budgeting is, in essence, a modeling process. Today, I want to talk about some of Microsoft’s modeling products for business. Before I start, I need to give the caveat that Microsoft has a large number of products, many of which could have a role in the business budgeting...
  • Blog Post: Business Intelligence Basics: Having a Target/Goal (Part 4)

    Subtitle: "An Incredibly Simple Example of Budget Modeling" Most budget versus actual comparisons reduce down to the comparison of two fully-qualified account balances: Although there are many variations, a “fully-qualified account” is defined within most business accounting systems as a combination...
  • Blog Post: Business Intelligence Basics: Having a Target/Goal (Part 2)

    Last entry, I began discussing the importance of a target to business intelligence (BI). Today, I continue. Before an organization can establish the specific numeric targets suitable for use in a BI application, it needs a mission and the goals that derive there from. Given that this blog is focused...