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Mohan Lavi

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Mohan Lavi

Business

Ayana Management Consultants Pvt Ltd

Book and websites

Good to Great

Definition of BI

Business intelligence (BI) is a set of theories, methodologies, architectures, and technologies that transform raw data into meaningful and useful information for business purposes. BI can handle enormous amounts of unstructured data to help identify, develop and otherwise create new opportunities. BI, in simple words, makes interpreting voluminous data friendly. Making use of new opportunities and implementing an effective strategy can provide a competitive market advantage and long-term stability

Concept of BI

Business Intelligence helps to manage data by applying different skills, technologies, security and quality risks. This also helps in achieving a better understanding of data. Business intelligence can be considered as the collective information. It helps in making predictions of business operations using gathered data in a warehouse. Business intelligence application helps to tackle sales, financial, production etc business data. It helps in a better decision making and can be also considered as a decision support system. Business Intelligence is all about processes, skills, technologies, practices and applications used for supporting decision making.

Business Intelligence applications could perform

- Centrally initiated by the business needs
- It includes decision support system, query reporting, OLAP, data mining, forecasting

Important Decisions

Choosing a change of jobs at the right moment

After few years

As the CEO of a growing company that would add value to the Indian and global economy

Comparison of current work from previous one

At present, I am attempting to give more attention to detail which I could not do previously. Attention to detail is a very critical component of any career and it is critical to develop this quality early on

Tools of BI

Spreadsheets
Reporting and querying software: tools that extract, sort, summarize, and present selected data
OLAP: Online analytical processing
Digital dashboards
Data mining
Data warehousing
Decision engineering
Process mining
Business performance management
Local information systems

Role of BI

BI plays a very critical role in an organisation and is its future.

New trend

it is tough to point out one but I am looking at Big Data as a huge trend

Describe your struggle of achieving success

Hard work and loving ones work

Different from others

Its diversity

Your Role

the leader

Personal Information

I am a Chartered Accountant with over 24 years of post-qualification experience across a variety of industries. Till recently, was a Director-Finance in a multinational software company based out of Bangalore. I have authored books on Service Tax, Minimum Alternate Tax, Sarbanes Oxley Act, IFRS and US GAAP. A regular contributor of articles to the Hindu Business Line. I am a regular speaker in India and abroad on IFRS and Accounting Standards.

Decision taken

writing books and articles to keep up to date

Recommending Specialization

Its too early for me to point out one at this stage