Uncovering The Hidden Value In Bi Assets Thru Six Business Intelligence-A New Perspective

A New Perspective: Focus on the Customer, Strive for Near Perfection and Evolve Toward Six Sigma Business. Intelligence. Applying Six Sigma principles to business Intelligence requires strong management support and a recognized Six Sigma action program. Six Sigma business intelligence (BI) [1] is a customer- focused, measurement-based approach to improving business intelligence. Six Sigma refers to a better and smarter way of managing business. Six Sigma means putting the customer first and striving for a product that is near perfection. Six Sigma principles have been used in the business world for years and have produced significant and frequently amazing results. In the late 1990s, Jack Welch at GE demonstrated just how successful Six Sigma can be. From 1996 to 1998, GE went from costs of $200 million and returns of $1,50 million to costs of $400 million and returns of more than $1 billion. Jack Weich was a Six Sigma convert who led his company in changing the way they did business. From his unique position, he transformed his company by focusing on customer needs and working smarter using Six Sigma principles and processes. Despite continued success in the business arena, Six Sigma principles and methods have not been freely translated over into information technology. Business intelligence is an excellent place to begin and the time is now. A rigorous program that focuses on the customer, measures and uncovers hidden costs and problerns, and uses the Six Sigma business intelligence approach to auditing and improving current BI assets can provide more value to an organization than any number of new business intelligence applications.Aluri Institute of Management Sciences, Hunter Road, Warangal-506001, A.P. Email:kumarvvn@aol.in