Want FREE Templates on Organization, Change, & Culture? Download our FREE compilation of 50+ slides. This is an exclusive promotion being run on LinkedIn.


We have assembled 20 documents in the Business Intelligence Toolkit. All documents are displayed below on this page.
COVID-19 has accelerated Digital Transformation by 10 years. Take a look at the Top 100 Best Practices in Digital Transformation of 2023.

27-slide PowerPoint deck
23-slide PowerPoint deck
52-slide PowerPoint deck and Word
31-slide PowerPoint deck
72-slide PowerPoint deck and PDF
24-slide PowerPoint deck
26-slide PowerPoint deck
21-slide PowerPoint deck
26-slide PowerPoint deck
15-page Word document
11-slide PowerPoint deck and ZIP

  Open all 20 documents in separate browser tabs.
  Add all 20 documents to your shopping cart.

Eliminating the guesswork in decision-making, using data-driven insights—that's the power of modern Business Intelligence (BI). As Thomas H. Davenport, a renowned thought leader in analytics, once noted, "At the highest level, the goal of business intelligence is to improve strategic decision making."

Understanding Business Intelligence

Business Intelligence is a technology-driven process in which data is analyzed to unveil actionable insights that guide strategic and tactical business decisions. BI tools ingest large amounts of structured and unstructured data, process them, and present the results in visually compelling reports, dashboards, and data visualizations.

The Role of Business Intelligence in Strategic Management

Strategic Management encompasses planning, implementing, and evaluating business strategies to fulfill an organization's goals and objectives. Business Intelligence plays an invaluable role in this process by providing the necessary data-driven insights. Below are a few key roles of BI:

Key Principles Governing Business Intelligence

The harnessing of Business Intelligence necessitates following a few key principles:

  1. Data Quality: To derive valuable insights, the input data must be high quality—accurate, consistent, and timely.
  2. Cross-Functional Integration: BI is not confined to a single department—it’s a cross-functional endeavor that requires integration across various departments for a holistic view of the business.
  3. Strong Governance: A robust governance structure ensures data integrity, security, and compliance with relevant regulations.
  4. Continuous Improvement: As the business environment evolves, so should the business intelligence strategy, constantly incorporating feedback and learning from past decisions.

Implementing Business Intelligence: Best Practices

Successfully deploying BI entails more than just integrating technology. Here are best practices for Business Intelligence implementation:

Future of Business Intelligence

The future of Business Intelligence is promising, driven by advancements in artificial intelligence and machine learning. These developments pave the way to predictive analytics—moving beyond describing 'what happened' to predicting 'what will happen'. In the era of Digital Transformation, the adoption of Business Intelligence is not just an advantage—it's a necessity for businesses aiming for sustained growth and competitiveness. As executives, you have the responsibility to foster a culture of informed decision making, harnessing the power of Business Intelligence towards your strategic goals.

For more information, have a look at these management topics:


Since 2012, we have provided best practices to over 10,000 businesses and organizations of all sizes across the world—in over 130 countries. Below is just a very small sample of our customer base.

Did you know?
The average daily rate of a McKinsey consultant is $6,625 (not including expenses). The average price of a Flevy document is $65.

Browse our Business Toolkits
to quickly find the documents you need.
Each business toolkit is a collection of documents around a common management topic.


  Show all available toolkits.

Download our FREE Strategy & Transformation Framework Templates

Download our free compilation of 50+ Strategy & Transformation slides and templates. Frameworks include McKinsey 7-S Strategy Model, Balanced Scorecard, Disruptive Innovation, BCG Experience Curve, and many more.