Business Analytics Strategy

A Comprehensive Framework to Define a Business Analytics Roadmap

BA Strategy Framework-1

ACG’s Business Analytics Strategy is a proprietary framework to help define a roadmap to maximize business benefit based on extensive experience across business, finance and technology. It incorporates experience from dozens of large scale implementations as well as industry best practices. It ensures a holistic view of evaluation that is aligned with business strategy and will result in long term alignment and value to business

ACG has worked with dozens companies to help create a robust foundation to ensure that their investments deliver the desired value and meet or exceed expectations. Our extensive experience and understanding of both the business process as well as the various technology platforms makes us uniquely valuable to partner up on a roadmap and strategy discussion. 

We use a proprietary framework to help companies manage this process and make sure that all critical requirements and needs are captured in line with industry trends and best practices. At a high level, the framework components are the following:

Business

 
Corporate Strategy Discuss the high level strategic business objectives with key metrics and KPIs that define success in target state
Business Requirements Perform a comprehensive analysis of key objectives and business requirements from all appropriate stakeholders across the enterprise
Industry Best Practices Ensure platform and business process considerations are based on prevailing trends and industry best practices

Technology

 
Current Infrastructure Assess the existing applications and broader IT environment to provide context for the Business Analytics platform
IT Strategy Incorporate key IT strategy principles including platform preference, on-premises vs cloud strategy and other
Vendor Evaluation Deliver detailed analysis of available vendor offerings including capabilities and constraints in the context of defined business needs

Operations

 
Operating Model Create an effective model that will provide flexibility to business and end user while complying with key IT controls and processes
Cost of Ownership Consider the long term cost of the platform including software licensing, implementation and support
Ability to Execute Strategically plan the ability to deliver tangible value to the business in the desired time frame given requirements, existing risks and dependencies

 

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