CIO’s Magic Wand
The Challenge of Planning, Estimation, and projection
Most of planning, estimation, and projection related requirements are very challenging to fulfill due to the nature of the tasks. Such tasks often have one or more of the following characteristics:
The flexibility and non-routine tasks are the main obstacles for a traditional enterprise system to provide the capabilities. The process-oriented enterprise system required custom development to fulfil the requirements, unfortunately, the constantly changing requirements often causing the failure of delivery by IT or consulting firms. Consequently, the cost is high for IT, but the delivered capabilities still cannot fulfil decision maker’s needs. Even if some business logics were extracted for the decision makers, the maintenance efforts are also high for IT.
The precision planning and future projection requirements are critical for the enterprise’s top management due to the impacts of major decisions. However, it is almost impossible for IT with limited resources to build a satisfactory solution with the features mentioned above. That is why CP4 is designed to tackle this issue attempting to resolve such a dilemma. CP4 is designed as a tool to split the work between IT and the decision makers/planners. IT will only manage the data model normalisation which means connecting enterprise data models as the basic building blocks, cubes. The decision makers or planner will then work with the cubes to create the business logic, rules, empirical functions, even define their own look-up tables to accomplish the what-if simulation. Consequently, IT can easily provide the basic building blocks in the sandbox platform while the decision makers can work with the building blocks to create theirs envisions.
The Magic Wand for CIO
We will work with IT team in the implementation stage until IT teams built up the capabilities in analysing the problems, design user experiences and identify the development tasks needed by CP4 which includes
The magic wand then can rapidly fulfil the requirements, focusing on data sources integration and data model normalisation, and the flexibility can become available by CP4 for the decision makers or planners. The enterprise users then has the tool like Excel to play with their cubes, associate cubes, build formulas cross cubes, and freely create the what-if simulation to fulfil their planning, estimation and projection tasks.
CP4’s design is user central and IT becomes the decision supporting roles just need to bring in data needed from discrete and distributed source systems without additional efforts to adjust any existing systems. With the magic wand, CIO actually plays a crucial role to increase the planning efficiency and accuracy in future projection. That will bring rapid response capabilities for any enterprise to envision future and stimulate future actions in advance for impact analysis and risk management. The magic wander for CIO is to use the minimal IT resource to bring highest business values for the top management. Furthermore, but having the simulation draft board for the decision makers, IT can minimise the maintenance efforts for sustainable operation since the responsibility of defining business logics and rules belong to business users as well as the flexibility to work with enterprise data model like in Excel. There will also no need to handle data duplication and exporting efforts.