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Business Transformation: A Roadmap for Maximizing Organizational Insights by Jim Davis, Aiman Zeid

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Glossary

ad hoc

In analytics it is a query made solely in response to a specific situation or request without considering the wider or long-term repeatability issues. It is considered a reactive way to practice fact-based decision making.

adaptability

The organization's acceptance of or resistance to change.

alignment

In the context of organization maturity, it is the act of the organization to match the capabilities of the four organizational pillars (people, processes, technology, and culture) to support the organization's business priorities and objectives.

analytics

A suite of technical solutions that uses mathematical and statistical methods. The solutions are applied to data to generate insight to help organizations understand historical business performance as well as forecast and plan for future decisions.

big data

Information (both structured and unstructured) of a size and complexity that challenges or exceeds the capacity of an organization to handle, store, and analyze it.

business experts

Nontechnical users of data and information, whose input is needed to develop analytics, select key performance indicators, and use information for decision making.

business intelligence

A broad category of applications and technologies for reporting, analyzing, and providing access to data to help enterprise users make better business decisions. BI applications include the activities of decision support systems, query and reporting, and online analytical processing (OLAP).

business ...

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