Business Case for Business Intelligence

Business Intelligence is mostly considered as a luxury to have and not a necessity.  BI is not just one another IT Project.  Business Intelligence System enables analytical thinking and better decision making.  How do you know that you need Business Intelligence? What is the business case for BI? As a company, what should a decision maker look for?

The following check list should help:
1) Do you have any periodical reporting system?
2) How do you make a decision?
3) Where do you get your numbers?
4) Is there one integrated view of all the reports from the departments?
5) Have you provided the decision makers all the data and the tools necessary?
6) Were you able to pin point exactly the cause for any particular event noteworthy like a big order, huge loss.?
7) Is there a consistent system representing the facts, delivering one version of the truth?

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