The Theory of Constraints in BI & CPM
By: Mitra Hooman
A white paper released earlier in May from Hitachi Consulting offers a quick introduction to what the author calls “The Theory of Constraints” in Business Intelligence and Corporate Performance Management. This first-in-a-series of papers is concise and might have benefited from a more detailed case study, but it describes the theory enough that you get a fair understanding of what author Prakash Jha means.
Jha suggests six steps for implementing this theory into
real business practice:
The paper then embarks on an example that, truthfully, lacks sufficient detail to follow the implementation of this process. He suggests, “One of the benefits of using this process was that it clearly identified that there were certain areas where there was excess e.g. Accurate Production. All the systems to meet this objective were in place. However, other activities had impact on it. This resulted in better utilization of plan capacity.” Yet, he offers scant data to prove this.
In any case, there will be more such papers from
Those interested in the paper can find it here http://www.informationweek.com/whitepaper/Business_Intelligence/business-intelligence-and-corporate-performance-mawp1209649129907?articleID=12700003
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