How to differentiate between business intelligence and business management?

This is an answer to a question submitted to the "Ask me anything (AMA)" program. This AMA channel is designed to support you get clarity to business/tech questions you may have. Periodically, I select a particular response that we feel can benefit the broader community.

In short, business intelligence enables BETTER, STRONGER and FASTER Business Management.

Business management deals with the operational side of the tools and practices used to satisfy customer needs while advancing your ability to maximise business opportunity, meet market demand and continuously advance your ability to perform better.

business assets

Business management deals a lot with prioritising work and how of things.

Business intelligence deals with knowledge management and creating accessible/on-demand intelligence (e.g. KPIs, trends and descriptive reports/dashboards) that enables your managers, leadership and board to make timely, fast and better decisions. With the emergence of data science and easily accessible scalable cloud computing, we are also accelerating business intelligence in the form of prescriptive intelligence, i.e. where the systems will guide your teams on what to do next to achieve maximum outcomes.

I like to refer to the company Palantir as a pioneer in systems and tooling that enables businesses and organisations to operate better, faster and with more precision through advanced intelligent analytics and data science approaches.

This post and the information presented in newsletter, events and website content are intended for informational and entertainment purposes only. The views expressed herein are of the author alone and is not a recommendation of an investment strategy or to buy or sell any security, digital asset (including cryptocurrency) in any account. The content is also not a research report and is not intended to serve as the basis for any investment decision. While certain information contained herein has been obtained from sources believed to be reliable, neither the author nor any of his employers or their affiliates have independently verified this information, and its accuracy and completeness cannot be guaranteed. The content is not legal advice. Any third-party information provided therein does not reflect the views of Accordingly, no representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, timeliness or completeness of this information. The author and all employers and their affiliated persons assume no liability for this information and no obligation to update the information or analysis contained herein in the future.

How to differentiate between business intelligence and business management?

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