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A Strategy
for Getting the Right Information to Your Managers -
David Goldstein
Managers at large
organizations are under increasing pressure to make better
decisions faster. These managers are reacting to greater
competition, globalization and increased scrutiny from
shareholders and regulators. They are in turn pressuring their IT
organizations to deliver the data they need from the
organization’s transaction processing systems to the desktops of
key knowledge workers.
Jack Rockart, a Senior Lecturer
Emeritus at the MIT Sloan School and one of the driving forces
behind seminal IT concepts like critical success factors (CSFs)
and executive support systems (ESS), has just written an article
that outlines how an organization can implement a strategy to
deliver this important information to managers and knowledge
workers. The article is called, “Information: Let’s Get it Right”
and was published in the MIS Quarterly Executive (MISQE). In this
newsletter article, I will summarize the approach that Jack
Rockart advocates.
Focus on
Business Process
To get managers the
right information, do not ask them what information they need. The
answer to this question is usually, “I need everything” or “What
can you give me?” Also, do not try to boil the ocean. If you
attempt to figure out all the information needed by a group of
managers, you will spent too much time in requirements gathering
and not deliver valuable information in a timely
manner.
Instead, learn
about a business-critical business process that they are managing.
Once you understand the process, you can work with them to both
design a process that leads to better decision making and
determine the information that managers need to implement this
process.
Rockart focuses on the management of
commercial customers at Fleet. He discusses how Fleet designed
this process to support both customer relationship managers and
product managers and provided them with the information and tools
they needed to identify the most profitable customers and support
those customers with the appropriate products and
services.
At KMA, we have applied this same
approach to implementing dashboards to support the deal tracking
process in an asset-based financing firm, the claims process in an
insurance company, and the tax collection process for a government
agency. In each case, the process focus allows us to quickly
deliver the right information to the management team. The team
uses the information to identify problems faster and respond to
them more effectively.
Critical Success Factors
Rockart identifies four factors that are critical to the success
of an information delivery initiative:
(1) Vision—Senior management at your organization must see
that providing a specific group of managers with the information
they need will improve the performance of a critical business
process. This vision is needed to focus the information delivery
effort and garner the resources needed to carry it
out.
(2) Executive sponsorship—The investment needed to deliver
management information is often significant. Projects take months
to implement and require the effort of key members of the line and
IT organizations. Senior leadership must back these projects from
the start and through their delivery to insure their
success.
(3) Project leadership—In addition to the executive
sponsor, a project leader with strong business and technology
skills is needed to keep the project moving forward and deal with
the uncertainties that arise as the project
progresses.
(4) Listening and learning—The implementation
team must be flexible in delivering information to managers. They must ‘stay close’ to
the knowledge workers and managers as they begin to use the
system.
Rockart also identified the two critical technologies needed to
implement these information delivery initiatives:
(1) Information warehouses—The backbone of the initiative
is an information warehouse that contains the data needed by
knowledge workers and managers. This data is often extracted from
the organization’s transaction processing systems and delivered in
a form that allows managers to quickly identify and react to
problems.
(2) Information portal—The information in the warehouse is
delivered in a portal which provides a single point of access for
the knowledge workers and managers. The portal makes it
significantly easier for managers to find and use this
information.
The growth in the capabilities of and the reduction in
costs of information warehouse and portal technologies have made
it easier for organizations to get the right information to their
managers. While technology is no longer a constraint to
information delivery, organizations still require skilled hands
and significant effort to understand the requirements of managers,
to find the data they need, and to design and deliver this
information.
Want to Learn More?
If you would like a
complimentary reprint of “Information: Let’s Get it Right,” please
send me an e-mail (david@kmainc.com). In addition, please contact
me if you have any questions or comments on this article or on
KMA’s capabilities to help your organization with an information
delivery strategy.
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