the 7 habits to becoming an effective decision maker

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My presentation from the Tech4Africa event conducted in Johannesburg. Presentation focuses on 2 aspects, primarily the opportunity for us Africans on our continent and then how Data and Information for Effective Decision making can enable Leadership on our continent to compete.

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Page 1: The 7 Habits to becoming an Effective Decision Maker

MILLIONS OF COPIES TO BE SOLD!

@KarabinaSoftwre

The

HABITS to becoming a

HIGHLY EFFECTIVE

DECISION MAKER

H E AT H P.T U R N E R

7EDITION

BI Self Help Book

Page 2: The 7 Habits to becoming an Effective Decision Maker

Foreword: The Africa Attraction?• 54 Countries, over 1.1bn people• $2 Trillion Collective GDP (more than India, less than Brazil)

• Some Confidence• Internet Bandwidth grown 20 fold• Mobile Subscribers set to Exceed ; 650 million• 7 of 10 fastest Growing WW Economies • Growth surpassed East Asia in 8 out of past 10 years• 50% Labour Force will have secondary education by 2020

@KarabinaSoftwre

Page 3: The 7 Habits to becoming an Effective Decision Maker

Karabina Software's story

@KarabinaSoftwre

Page 4: The 7 Habits to becoming an Effective Decision Maker

HABIT 1:

Begin your journey with the end in mind?

1972Business

Applications

Input

1969Database Invented

Data Storage

=

Answers

1989 Business Intelligence

BI 1.0 BI 2.0

People Centric

Page 5: The 7 Habits to becoming an Effective Decision Maker

HABIT 2:

Seek to Understand… before being Understood

THE CIRLCE OF CONCERN>>>>• Find Data and Produce Report• Large amounts of time spent

gathering & sorting data for business• Report after its happened (end point)• Suitable for Operational Reports • Takes time to generate

• Data turned into Information • Easily accessible & immediately

available• Analyse information at anytime• Available for more people to use

Report-Driven Reports substantiate Business

Decisions

Analytics-EnabledInformation improves Business

Decisions

@KarabinaSoftwre

*Most Companies *Trying to move here

Page 6: The 7 Habits to becoming an Effective Decision Maker

Reporting versus #AnalyticsResponse

Time

+High-Slow

Fast Low

Data Complexity

ERP

Underlying Data Source

Reporting SolutionView Data onlyCube

Data Warehouse

Analytics

Interact & Analyse Data

ERP

Underlying Data Source/s

Other

REASONS OF INFLUENCE

• Decision-making tool

• Fast and Easy to use

• Single version of Truth

• Information is Pervasive

• Data-warehouse critical

@KarabinaSoftwre

Page 7: The 7 Habits to becoming an Effective Decision Maker

HABIT 3:

Positive Reinforcement - Dispel the Myths

X Small & Medium Sized business don’t need this.

X It’s expensive to buy and purchase.

X Only need to buy a sexy front-end BI tool.

X Too complex to implement & understand.

X Don’t get caught trying to understand BIG DATA!@KarabinaSoftwre

Page 8: The 7 Habits to becoming an Effective Decision Maker

HABIT 4:

Be Accountable for the Results

@KarabinaSoftwre

Page 9: The 7 Habits to becoming an Effective Decision Maker

Analytics can improve bottom line

@Karabina

Save Time and Remove Errors in gathering Data.

Get immediate answers to: Business Critical questions Historical Trends & Future Projections

Apply your wisdom and explore your data

@KarabinaSoftwre

Page 10: The 7 Habits to becoming an Effective Decision Maker
Page 11: The 7 Habits to becoming an Effective Decision Maker

@Karabina

@KarabinaSoftwre

Our mandate is to…

Page 12: The 7 Habits to becoming an Effective Decision Maker

@Karabina

@KarabinaSoftwre

Only Manages Transactional Business Process• Centralise your Transactions• Place Orders, Receipts, Credits, Stock

CAN’T LOOK AT YOUR BUSINESS HOLSITICALLYDOESN”T MANAGE BUSINESS AGAINST KPI’SWON’T TELL US HOW TO IMPROVE

Page 13: The 7 Habits to becoming an Effective Decision Maker

@Karabina

@KarabinaSoftwre

• Increase Profit - Focus on improving KPI’s • Increase Revenue - Focus on Customers and Products• Decrease Costs - Benchmark and Measure Productivity• Reduce Costs – Gain Efficiency• Reduce Costs – Accuracy and Access to information• Improve Working Capital – Reduce debtors & excess stock

Page 14: The 7 Habits to becoming an Effective Decision Maker

HABIT 5:

Make sense of whether to Buy or Build

@KarabinaSoftwre

COST

TIME

BI PROJECT BUILD

BUY

LETS BUILD IT

X - 54% of traditional BI implementations fail.X - Ave. BI Project is around 460 days effort to deployX – High Risk

6 to 18 Months1 Week

$25k

Over $150k

BUY IT

Costs typically 75% less

Ave. BI Project is 5 days

Highly Suitable - pre-built models, - pre-built reports - pre-built Dashboards

Page 15: The 7 Habits to becoming an Effective Decision Maker

HABIT 6:

Deliver your Promise - Quickly

Leverage existing software investments

Minimise impact of introducing new technology

Use pre-built products that deliver instant value

Deliver incremental value – avoid the BIG BANG

Deploy with the team you have

DELIVER THE VALUE YOU PROMISED!@KarabinaSoftwre

Page 16: The 7 Habits to becoming an Effective Decision Maker

HABIT 7:

Sharpen your Insight & Increase Adoption

• Its a Journey and not a destination

• Embed Analytics in your business

• Include other source of data into your BI

• Enable Self-Service BI (training & change)

@KarabinaSoftwre

Page 17: The 7 Habits to becoming an Effective Decision Maker

Follow these 7 Habits and hopefully you too will be on the path to better

Decision making in your business.

@KarabinaSoftwre

Page 18: The 7 Habits to becoming an Effective Decision Maker

Follow “Karabina Software”

Follow “@KarabinaSoftwre”

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