The cost of business intelligence and other myths
NEW

The cost of business intelligence and other myths

Even though the business world is abuzz with business intelligence tools  and the internet is filled with endless information about data and the results it can deliver, there are many organizations that don’t use BI. Perhaps it’s because people believe their current system works fine, or they think the cost of business intelligence is prohibitive, or maybe it’s about the complexity they think is involved in implementation. Whatever you reason, we challenge you to consider BI in different ways.

Read more

Topics: Business Intelligence Basics, Job Role - IT, Strategy, Management and Performance, Job Role - Executive, decision-making

Recent posts

The cost of business intelligence and other myths

Even though the business world is abuzz with business intelligence tools  and the internet is filled with endless information about data and the results it can deliver, there are many organizations that don’t use BI. Perhaps it’s because people believe their current system works fine, or they think the cost of business intelligence is prohibitive, or maybe it’s about the complexity they think is involved in implementation. Whatever you reason, we challenge you to consider BI in different ways.

Read more

Topics: Business Intelligence Basics, Job Role - IT, Strategy, Management and Performance, Job Role - Executive, decision-making

How to use BI to gain competitive advantage in business

the-top-eight-competitive-advantages-in-business-by-using-BI

In today’s economy, many businesses find themselves in competition with online retailers and large corporations that are able to offer reduced prices. In order for independent mid-market operations to compete with multi-nationals, managers must utilize their data to gain a competitive advantage in business.

Read more

Topics: Business Intelligence Basics, Strategy, Management and Performance, Job Role - Executive

Business analytics for beginners

If you are new to business analytics, it can be difficult to know where to start. There is so much information out there that it can be difficult to understand for people without an IT degree or experience with analytics solutions. This blog aims to lay out the most important aspects of business analytics for a beginner within a retail, distribution or wholesale business.

Read more

Topics: Strategy, Management and Performance, data analytics, business intelligence dashboards, KPIs and metrics

4 key areas to analyze for 'a new normal' business growth strategy

4-key-areas-for-a-strong-business-growth-strategy

Many businesses are getting ready to host planning sessions for the coming year. One of the main components of strategic planning is historical data, which gives decision-makers a comprehensive snapshot of performance to ensure they make informed decisions about their future. As this year has been game-changing, leaders need to review data in different ways. A clear view of your data will help you determine the parts of your business that are most resilient and to reimagine your strategy to cope with ongoing change – so you can grow realistically and value-add in the new normal.

Read more

Topics: Strategy, Management and Performance, Job Role - Executive

What Does Omni Channel Mean For Operations?

True Omni Channel means that the customer has the same experience regardless of where they purchase. It also means that the customer can buy anywhere and have it shipped or picked up anywhere – click and collect, buy in store and send, buy in one store and pick up in another. Speed matters. There has to be complete transparency within the systems with the ability to see live data. Prices have to be identical to be truly Omni Channel.

Read more

Topics: Strategy, Management and Performance, Job Role - Inventory/Operations

How to overcome reporting challenges in your business

how-to-overcome-reporting-challenges-in-your-business

The ability to generate accurate, relevant and timely reports is critical if a company is to remain competitive in today's marketplace. However, as many business managers know, traditional (static) reporting methods have a range of shortcomings. In this blog we will discuss a few key solutions to the challenges of static reporting. 

Read more

Topics: Job Role - Finance, Job Role - Sales, Job Role - IT, Strategy, Management and Performance, decision-making, Dynamic reporting

[eBook] Benefits of scorecards and dashboards

Phocas_DashboardsScorecardseBook_blog

In today’s modern mid-sized organization, having quick and easy access to company data in the form of a scorecard or dashboard is a cost-effective way to improve efficiencies and increase profit margins. The ability to turn raw information into actionable intelligence is essential to understanding how to better serve customers, reduce costs and streamline processes.

Read more

Topics: Strategy, Management and Performance, Job Role - Executive, business intelligence dashboards, data visualizations

How effective sales pipeline management generates revenue growth

The sales pipeline plays an essential role in any successful company – from the construction industry to turf and garden suppliers. According to a recent Vantage Point study, 72% of sales managers have regular meetings with  employees about the pipeline. However, 63% of respondents say their companies are not managing the pipeline effectively because they are not learning or responding adequately to it. While unexpected opportunities arise, there is a direct correlation between effective sales pipeline management and strong revenue growth.

Read more

Topics: Job Role - Sales, Strategy, Management and Performance, Industry - Retail, Dynamic reporting, data analytics, cross-selling

5 common business intelligence problems

When businesses aren't getting value from a business intelligence (BI) solution, it may seem like the software is causing more trouble than it is worth. However, the business intelligence problems are often not due to the business or to the software alone, but rather due to the mismatch between the two.

Read more

Topics: Business Intelligence Basics, Job Role - IT, Strategy, Management and Performance

5 ways to effectively manage employee performance (through BI)

5-ways-to-effectively-manage-employee-performance-through-bi.jpg

Managing the performance of employees plays an important role in meeting company goals, keeping employees motivated and being able to take appropriate action to help employees when they are struggling. Using business intelligence data to measure targets and demonstrate new opportunities is a transparent and effective way to treat all of your people fairly and bring out their best performance.

Read more

Topics: Strategy, Management and Performance, Job Role - Executive

Follow us

Subscribe via email

Posts by category