Address your BI gaps
The third step is to address the gaps between your BI goals and capabilities. This may involve implementing new or improved BI solutions, upgrading or integrating your existing BI systems, or outsourcing or partnering with external BI providers. It may also involve enhancing your BI skills, training, and support, or hiring or developing new BI talent. It may also involve revising your BI policies, procedures, and roles, or establishing or enforcing new BI rules and regulations. By addressing your BI gaps, you can improve your BI performance and outcomes.
Monitor your BI results
The fourth step is to monitor and measure the results of your BI strategies and actions. How well are you meeting your BI goals and KPIs? How much value are you creating or adding with your BI solutions? How satisfied are you and your stakeholders with your BI services and products? How much feedback are you receiving and acting on from your BI users and customers? By monitoring your BI results, you can track and evaluate your BI impact and effectiveness.
Adjust your BI plans
The final step is to adjust your BI plans and strategies based on your BI results and feedback. What are the lessons learned and best practices from your BI experiences? What are the new or emerging trends and opportunities for your BI initiatives? What are the challenges or risks that may affect your BI objectives? How can you innovate or optimize your BI solutions to meet changing needs and expectations? By adjusting your BI plans, you can adapt and evolve your BI strategies to align with your organizational goals.