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.
The 7 Things I Know About Cyber Security After 25 Years | April 2024
The 7 Habits to becoming an Effective Decision Maker
1. 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 EDITION
BI Self
Help
Book
2. 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
4. HABIT 1:
Begin your journey with the end in mind?
1972
Business
Applications
Input
1969
Database
Invented
Data
Storage
=
Answers
1989 Business
Intelligence
BI 1.0 BI 2.0
People Centric
5. 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-Enabled
Information improves Business
Decisions
@KarabinaSoftwre
*Most Companies *Trying to move here
6. Reporting versus #Analytics
Response
Time
+High-Slow
Fast Low
Data
Complexity
ERP
Underlying Data Source
Reporting Solution
View Data onlyCube
Data Warehouse
Analytics
Interact & Analyse Data
ERP
Underlying Data Source/s
Other
REASONSOFINFLUENCE
• Decision-makingtool
• FastandEasytouse
• SingleversionofTruth
• InformationisPervasive
• Data-warehousecritical
@KarabinaSoftwre
7. 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
9. 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
12. @Karabina@KarabinaSoftwre
Only Manages Transactional Business Process
• Centralise your Transactions
• Place Orders, Receipts, Credits, Stock
CAN’T LOOK AT YOUR BUSINESS HOLSITICALLY
DOESN”T MANAGE BUSINESS AGAINST KPI’S
WON’T TELL US HOW TO IMPROVE
13. @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
14. 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 deploy
X – 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
15. 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
16. 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
17. Follow these 7 Habits and hopefully
you too will be on the path to better
Decision making in your business.
@KarabinaSoftwre