Power BI – Pros, Cons, And Limitations

Introduction about Power Business Intelligence (Power BI) is one of the most popular Powerpoint presentations that have ever been used to explain marketing. In fact, this particular Powerpoint presentation has been used to train business executives for over three decades now. Indeed, there is a reason why Power Business Intelligence Sourcebook is still popularly used even today.

This Powerpoint presentation is beneficial in making business owners understand the importance of competitive intelligence and competitive business intelligence in achieving the desired business goals. Competitive intelligence is one of the most critical factors to consider when running a business and attaining the desired business success.  In this article, you can learn the pros, cons and Power BI limitations.  

Pros Of Power BI

There is one word that comes to mind immediately, and that is profit. It is one of the first things that I learned about this system when it first launched. The fact that you can analyze marketing data and other key performance indicators to gain a clearer picture of the market and identify trends is very appealing to many business owners. It’s one of the simplest, most direct ways to get ahead in the business world today.

It is one of the more affordable options as well. For around $300, you can access some of the most detailed information on any given business and industry. If you want to jumpstart your business or start identifying trends early, then this is an ideal way to do it. The use of data can play an essential role in both the success and failure of any business.

The good news is that this technology is constantly evolving, so new products and tools are being added to the market every day. As long as you are willing to invest the time and effort into learning the latest methods and how to implement them effectively, you will see great results from it for yourself. The key is taking action and learning as quickly as possible so you can be up and running with the best business intelligence available today.

Cons Of Power BI

In the business world, most successful entrepreneurs agree that one of the keys to their success is having an effective management team. Having a group of smart, creative business minds dedicated to your vision and mission will further you than trying to achieve success with limited brains. But when you choose to use just one or two of these leaders who already excel at their craft, you run the risk of their duplicating themselves in your market and taking over your market position.

One of the major problems is that many business intelligence leaders do not focus enough on leadership skills. While the books and videos they send to potential customers may make them seem, natural leaders, they often lack the skills needed to become one. Instead, they tend to oversell their products and leave the readers disappointed with their results because they could not live up to their sales promises.

Another con of Power Business Intelligence is that one of its most significant selling points is that it gives you 10 times more information about the leaders in your industry than you would get from any other source. However, because all the information is available in one place, those in leadership positions tend to spend far more time searching through it than you would if you were searching it yourself.

They might even put all the information in there and then ignore the rest. It means that if you are searching for leadership in your field, you might find that you have to go through several books, ebooks, or magazines before you find any valuable information at all. If you want to avoid this, then you might want to think twice about purchasing this product.

What Are The Limitations Of Power BI?

The first limitation is that it doesn’t give you specific action steps to develop your strategy. It talks about strategic initiatives and action plans but doesn’t tell you how to execute them or provide you with a detailed timeline of when you need to act. It, in turn, can cause you to jump from one option to another without a solid plan in place. Power BI provides a strategy execution module that helps you stay on track and gives you a benchmark against which you can measure your progress.

Another limitation of Power Business Intelligence is that it doesn’t tie together the different information pieces that influence your company. For example, if you have salespeople and marketing people working on a particular initiative, you will gather data from various sources to understand the campaign. However, when you pull that information together using Power BI, you have to make sense of it and interpret it within the framework of your business. When you don’t do this, you can have an incomplete picture of your company’s current situation and what actions you need to improve it.

The third limitation of Power Business Intelligence is that it talks about relationships between people and their roles in a company. As someone who has been a part of the sales team for five years, I can tell you that Power BI isn’t all that limited to defining roles and relationships. You still need to understand whom you are playing and your responsibilities within your role as a team leader.

The fourth limitation of Power Business Intelligence is that it doesn’t give you the ability to measure what is working and what isn’t true. For example, if you have five thousand dollars in inventory and have been taking on three sixes per week, you aren’t working as hard as you could. It is one of the most accessible examples of what are the limitations of power BI.

The fifth limitation of Power Business Intelligence is that it doesn’t tie into the holistic health of your company. Some of the data that is provided for analysis is not usable unless it is connected to your overall health. For example, if you are a healthcare company, the types of questions you are asking may be very different from if you are a restaurant chain.

Even within healthcare, questions such as whether your patients get enough exercise, how many office visits your doctor gives each week, and whether you have adequate office space are different from a restaurant chain. Understanding the other issues that affect your business will help you make more informed decisions.

Final Note

It is essential that you are aware of them before you begin using this information. You can ask friends and associates about their experiences with it, read reviews on the internet, and generally look to see if other people have had negative or positive experiences.

 Just keep in mind that even if someone has used it successfully in the past, there are still limitations that you should be aware of before implementing anything. Firstly, if you want to get into this, you need to earn Power BI certification.

Author Bio:

Rajesh Jujare has extensive experience with Inbound marketing for various industries like eCommerce, Manufacturing, Real-estate, education, and advertising. Having worked with a reputed digital marketing agency, he has a stronghold on digital content creation, SME acquisition, and White hat link building techniques. Rajesh has hands-on experience in Influencer marketing and worked with International influencers and content writers.