How Business Intelligence Serves as Success Indicators (Intro) - 2014
1. Presented to Surety Association of Arizona
Phoenix Country Club
April 15, 2014
Kramer Management Consulting (copyright 2014)
15849 North 71st Street, Scottsdale, AZ 85267 480-824-8194
2. Construction Industry Status
Transaction-oriented data
Historical data focus
Information is abundant but not
categorized properly
Reports are mislabeled
Cultural: Information isn’t
considered relevant
Employees don’t think outside
the box
Reports and data are considered
time-wasters
Companies aren’t using their
software
Kramer Management Consulting (copyright 2014)
15849 North 71st Street, Scottsdale, AZ 85267 480-824-8194
3. Transformation Process
Integrating transaction data with
business activity and market data
Focusing on the future
Categorizing information properly
Labeling reports accurately
Building confidence in data with
clear decisions
Getting employees to buy into BI
value so they create reports
CEO’s, Managers, and employees are
learning how much time is saved
Software capabilities are being
discovered
Kramer Management Consulting (copyright 2014)
15849 North 71st Street, Scottsdale, AZ 85267 480-824-8194
4. Business Intelligence
Key Leverage Points
Estimating Production & Hit Ratios
Analyzed to Fit Evolving Strategy
Completed Project Analysis
Allocated Monthly Revenue & Profit
Projections from WIP
Project Lead Pipeline Converted to Monthly
Revenue & Profit Projections After %
Probability Applied
Backlog Factor % Integrated into Strategic
Expectations
Pro Forma Income Statements
Kramer Management Consulting (copyright 2014)
15849 North 71st Street, Scottsdale, AZ 85267 480-824-8194
5. Outcomes: Company Alignments
Target Markets Defined by Project
Size, Type, and Customer
Increased work acquisition activities
Profit-oriented
Goal-oriented
Team-oriented
Scoreboard-oriented
Organization right-sized
Improved role identification
CEO leadership enhanced
Kramer Management Consulting (copyright 2014)
15849 North 71st Street, Scottsdale, AZ 85267 480-824-8194