http://spr.ly/insight-and-me - SAP software can bring your data, people, devices, and business processes together with visually rich, intuitive solutions that deliver predictive insight and help you seize new opportunities. And it’s all supported by an enterprise-wide business intelligence platform that provides mission critical data governance.

1. Collective Insight: Bring People
and Real-Time Information Closer
Together to Make Better Decisions
How good is your company at making great business decisions? Of course, that depends on the results.
It also depends on how decisions are being made: Are people and teams collaborating effectively?
Is everyone contributing and sharing the latest information to support good decision making?
Decisions might feel right – but are they actually right?
More than a feeling
Style matters
61%of companies believe that “gut
feel” and experience alone are not
enough for good decision making.
And
yet
And only
50%of company decisions are still
based on “gut feel.”
39%
Only 34% of companies report that
they outperform their most serious
competition when it comes to using data
to gain a strategic advantage.
34%use management
committees.
18%use a democratic or
collaborative approach.
of companies report using a top-down
style of decision making.
Companies are challenging the notion of just relying on instinct.
How important is the style of decision making?
Informed decision making can very much depend on the way decisions are made.
The data divide
People – connected
Information roadblocks
What about making better
use of business information?
Few companies see themselves as leaders when it
comes to having a strong information culture.
Regardless of decision making style – most companies believe that better collaboration yields better outcomes.
Only 1 out of 3 top-down decision
makers view information as an asset and
critical for decision making compared to 2 out
of 3 collaborative decision makers.
Culture clash
How does information culture
impact decision making?
Companies that lack a robust information culture
also tend to be more top-down.
of companies expect
better engagement
and consensus.
expect improved
innovation.
expect enhanced
creativity.
80% 61% 59%
What’s the benefit of engaging more people in decision making?
For many, the current state of the information environment
is inhibiting informed collaboration.
So why aren’t more companies
engaging in collaborative
decision making?
An information culture …
Collective insight connects information directly to the work people do
every day. It has three characteristics that are critical for truly collaborative
decision making and execution.
Forge a culture that treats information as a strategic asset within
your organization and generates the highest returns from your
analytics investments.
Supported by a real-time
information platform …
Get real-time, accurate insight from vast amounts of data to
make informed decisions faster.
And optimized for people.
Provide a simple and intuitive experience for people to engage,
contribute, and collaborate with data and discover new
insights like never before.
How can collective insight help?
1 Necessary information is not available.
2 Data quality is not good enough.
3 Information is not presented in a way that is useful.
4 Information is not delivered in a timely manner.
5 Tools for information access are too hard to use.
Unleash the power of collective insight
SAP® software can bring your data, people, devices, and business processes
together with visually rich, intuitive solutions that deliver predictive insight and
help you seize new opportunities. And it’s all supported by an enterprise-wide
business intelligence platform that provides mission critical data governance.
To learn more, download the new white paper exploring collaborative decision
making in today’s companies by visiting www.sap.com/insight-and-me.
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Source:
“Information Culture: Collective intelligence as the key to better decision making,”BARC Institute, April 2014
Studio SAP | 30870enUS (14/05) ©2014 SAP AG or an SAP affiliate company. All rights reserved.