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The confluence of BI and change management

Having worked for many years as a consumer of systems information, and also within the Business Intelligence Software Business with SAP & Business Objects, I agree with the Statement that change management is a companion bedfellow in the wake of BI implementation brought to light in Peter Thomas’ blog: “The Confluence of BI and Change Management”

http://peterthomas.wordpress.com/2009/02/24/the-confluence-of-bi-and-change- management/#comment-136

Proven business models, analysis, queries, cubes, universes,…whatever you want to call them, when implemented require the appropriate, cleansed source data, as well as processes which homogenize the information, so as to report clean and navigable information. Many implementors of BI Systems will admit that a successful implementation of BI has as a related byproduct, the tendency to require ORDER to improve in all underlying source systems, thereby also bringing about change.

A very important distinction needs to be drawn between what is INFORMATION, versus what is INTELLIGENCE. Information is input which an intelligent “Mind” or “Processor” interprets, and defines ACTIONS that need to be executed in order to complete the circle of action vs. reaction, or detection vs. prevention, or inspection vs. expectation.

Most “BI” companies go so far as to make information “Actionable” leaving it basically up to the HUMAN FACTOR to resolve, therefore the Change Management requirement. Making the “ACTION” part of the Software Solution by incorporating business rules associated with the business process is the CHANGE that needs to be managed.

Fermin F. Iduate Intelligence Advisor - Enterprise Performance Management

& Business Intelligence

Turning Point Group, LLC
8470 SW 148th Drive Miami, FL 33158

M +1-(786)-556-5415 (cell)
F +1-(786)-427-1360 (fax)

http://TurningPoint-Solutions.com

Confidential Information

The information transmitted is intended only for the person or entity to which it is addressed and may contain confidential and/or privileged material. Any review, retransmission, dissemination or other use of, or taking of any action in reliance upon, this information by persons of entitles other than the intended recipient is prohibited. This information shall be keep as confidential and should not be disclose to any third party without the written consent given by the party who transmitted such information. If you received this in error, please contact the sender and delete the material from any computer.

La información transmitida es para el uso exclusivo de la persona o entidad a quien va dirigida, y contiene información de carácter confidencial o privilegiado. Se prohibe a cualquier persona o entidad distinta al destinatario, cualquier revisión, retransmisión, distribución u otro uso de la información trasmitida. Esta información confidencial no podrá ser de ningún modo divulgada, revelada, entregada o transmitida a terceros, salvo autorización previa y por escrito de la parte emisora. Si recibió este mensaje por equivocación, atentamente le solicitamos eliminar la información.

INFLATION VS. DEVALUATION

There’s a direct inverse relationship regarding Inflation & Devaluation that has held true throughout history, witnessed in Europe after the discovery of America, during the expansion of the British Empire, before and after WW1 & 2, during the 70’s & 80’s and the Oil Embargo period and throughout the Gulf wars and to this day!

In short:

For every significant rise in INFLATION experienced by users of a currency…..there is a corresponding decrease in the valuation of such currency, or in other words (devaluation).

The last 30 years have shown average house values rise from US$100k to 450k, and back down to US$ 300k. Oil prices have gone from $1/gal to +$4/gal, and back down to $2/gal. We’ve all witnessed increases in Insurance, Electricity, Food Prices, Electronics…just about everything.

But during this period a curious thing happened that really has not surfaced or been a major subject of discussion……how much the dollar is worth in comparison to other currencies. Many of us who have been fortunate enough to make a good living and have travelled to Europe are well aware that travelling to Europe over the past few years has been “unaffordable”, yet at the same time here in the states we’ve been seeing planeloads of Europeans coming here to frolic on vacation and buy goods which in some cases due to the really cheap bargains can actually pay for the trip itself.

Folks, we were all bamboozled by the previous administration into believing that we had a healthy 3-4% annual inflation rate….but how could this be with property, commodity, and fuel prices along with the price of living all increasing at a real rate of 11-15%. According to GAAP, FASB8 & FASB52 (old school rules) and sustained inflation in excess of 10% for 3 consecutive years is ruled a “Hyper-Inflationary” economy!

You can’t have high inflation without a corresponding devaluation of that currency…it’s just a natural effect caused by balancing external balances in the global trade system. This effect is not something really noticed by the local population and users of a currency because everything is all relative…salaries go up, cost go up, house values go up, mortgages go up,…etc. In the past, interest rates also went up…causing a barrier to further inflation in the cost of goods of an economy. More recently under the reigns of Alan Greenspan…Interest Rates were held artificially DOWN, thereby prodding Growth in values of everything, houses, cars, electronics, just about everything.

So in trying to keep inflation at bay….they actually inspired it. All the while, the EURO and other Currencies increased in Strength relative to the US Dollar. But who cares?....We don’t need to travel to Europe anymore its dangerous anyway right?

And the dollar continued to erode in Value. The eroded value also meant it cost more dollars to buy Petroleum and other foreign goods, therefore even higher prices!

Well, at some point it had to stop.

I’m happy to report that since the bubble burst in Oct 2008 up through the end of the year….we’ve seen a DROP in US$ values in homes, investments and commodities of about 40%. Of course the doomsayers will say that it’s only going to get worse…but let me just open up the possibility that….well…there are already signs that things are getting better!!

What….are you crazy??? (You may be yelling)

Nope….see, already the US$ has strengthened to the tune of 23% since JAN 1st 2009 thereby increase purchasing power OUTSIDE the US in Europe and elsewhere! With our currency stronger…we can leverage more in any deal we deal. We’ve taken the hits and are redirecting our investments and long term strategy!

The reverse also holds true….a deflation also causes a correspondingly inverse reaction in the value of a currency thereby cause a VALUATION increase in the Dollar.

In real terms…..although our houses are worth less (in relative terms to US Citizen’s) they are actually worth MORE from a foreigner’s perspective who would like to live here!!

In other words, the demand for US LIFE is actually higher as evidenced by the higher entrance cost required.

That’s called “Appreciation” and that’s why I say, things are moving in the right direction!!!

Fermin F. Iduate Intelligence Advisor - Enterprise Performance Management

& Business Intelligence

Turning Point Group, LLC
8470 SW 148th Drive Miami, FL 33158

M +1-(786)-556-5415 (cell)
F +1-(786)-427-1360 (fax)

http://TurningPoint-Solutions.com

Confidential Information

The information transmitted is intended only for the person or entity to which it is addressed and may contain confidential and/or privileged material. Any review, retransmission, dissemination or other use of, or taking of any action in reliance upon, this information by persons of entitles other than the intended recipient is prohibited. This information shall be keep as confidential and should not be disclose to any third party without the written consent given by the party who transmitted such information. If you received this in error, please contact the sender and delete the material from any computer.

La información transmitida es para el uso exclusivo de la persona o entidad a quien va dirigida, y contiene información de carácter confidencial o privilegiado. Se prohibe a cualquier persona o entidad distinta al destinatario, cualquier revisión, retransmisión, distribución u otro uso de la información trasmitida. Esta información confidencial no podrá ser de ningún modo divulgada, revelada, entregada o transmitida a terceros, salvo autorización previa y por escrito de la parte emisora. Si recibió este mensaje por equivocación, atentamente le solicitamos eliminar la información.

Good days...Bad days...Cold & Hot..Stimulus or Bust!

Well folks, now that I can post via email straight to my blog without having to log in as administrator…etc. I’m going to start taking advantage of this short-cut and hopefully post more frequently!

The end of last week and early this week I believe was the first break in this dark cloud of economic FUD that has hovered over the world since the Sept-Dec meltdown of financial markets around the world. Certain stocks broke their upper resistance levels that have persisted since December where their 10 year lows have been tested, and re-tested to the point that they are concrete in their resistance to drop in any further real values and the upward ceiling break signals at least a little more breathing room and future hope!

This signals the only saving grace that I am aware of…. after the majority of us have experienced real losses in Capital Wealth of approximately 40% in Property Valuations, and 50% in Equities & Investments. If you own businesses you are no doubt experiencing slowdowns which are straining your capacity to survive these economic droughts….but it precisely these times….which define the long term survivors vs. the weaker entities.

Even the large companies SAP, Microsoft, IBM, GM, BofA, ….. are reacting with “herd behavior” looking for safe cover by all taking the same direction and appeasing their stockholders desire for protectionist and cost cutting tactics, when what is needed is to be brave and bold and break free of the “same old samo” tactics of the past 30 years.

The following excerpt from the Time magazine is dated Monday, Apr. 02, 1973:

For the U.S., the sharp rise in prices and the increase in Arab ownership come at a time when the nation's reliance on oil from the Middle East is expected to increase dramatically: from 7% of total U.S. consumption today to as much as 50% by the 1980s. President Nixon is said to be convinced, however, that the U.S. must not allow itself to become so dependent on such a distant and unstable region. In his forthcoming message to Congress on the energy crisis, he is expected to ask for funds to develop other sources of energy—coal, shale-oil deposits, chemical substitutes and solar and atomic power—in a hurry. "The time to start worrying about Arab blackmail," says one veteran of the Middle Eastern oil business, "is when the Arabs tell you not to worry about blackmail."

Even Nixon, that much hated sleazy power monger….knew what had to be done…IN 1973…REPEAT 1973!!!!!

Even Donald Trump when asked on Larry King the other evening as to what he felt was the root cause of the current economic crisis said very bluntly, “The Oil Producing Countries”.

But what happened….just like the drug addict….it’s easier to keep on scoring and subsidizing the need.the habbit…the addiction…by whatever means…regardless of the self-destructive ending it brings on. The US simply turned it’s back on self dependency…one of the most primordial characteristics that this country was founded upon, and opted for foreign dependency. To top it off they’ve sold out on just about every other aspect of intellectual property via outsourcing and cheap foreign labor facilities, without replenishing the vacuum created in the US with newer and far more advanced industry and technology.

So…that’s were we are……..some days are good….some days are bad….winter comes…. And then it goes….another Stimulus Passes….and the world will react….or maybe not!

Cheer up folks….be positive…..make changes to your old habits….try hard……breathe some fresh air…..enjoy the real things in life….”never give up”…..and all will soon make sense!

Fermin F. Iduate Intelligence Advisor - Enterprise Performance Management
& Business Intelligence
Turning Point Group, LLC
8470 SW 148th Drive Miami, FL 33158 M +1-(786)-556-5415 (cell)
F +1-(786)-427-1360 (fax)
http://TurningPoint-Solutions.com
Confidential Information The information transmitted is intended only for the person or entity to which it is addressed and may contain confidential and/or privileged material. Any review, retransmission, dissemination or other use of, or taking of any action in reliance upon, this information by persons of entitles other than the intended recipient is prohibited. This information shall be keep as confidential and should not be disclose to any third party without the written consent given by the party who transmitted such information. If you received this in error, please contact the sender and delete the material from any computer. La información transmitida es para el uso exclusivo de la persona o entidad a quien va dirigida, y contiene información de carácter confidencial o privilegiado. Se prohibe a cualquier persona o entidad distinta al destinatario, cualquier revisión, retransmisión, distribución u otro uso de la información trasmitida. Esta información confidencial no podrá ser de ningún modo divulgada, revelada, entregada o transmitida a terceros, salvo autorización previa y por escrito de la parte emisora. Si recibió este mensaje por equivocación, atentamente le solicitamos eliminar la información.

Posting from BB

Well this is one way to post to my blog....doing the "CrashBerry" thing!

Turning Point Group, LLC (Sent via BlackBerry from T-Mobile)

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