LDN - Back to homepage
GDPR - Privacy Notice
 
HyperLinkHyperLinkHyperLinkHyperLinkHyperLinkHyperLinkHyperLinkHyperLink
Business Insights: Learning from the Future

By Mike Gorsage

Ever driven a car with your eyes fixed on the rear-view mirror? You won't get far, and neither will companies that base their strategies solely on past performance. That is why many turn to business insights -- a holistic approach to capturing and analyzing data that helps them predict the impact of their decisions on future success.

Today's organizations must constantly reinvent themselves to adapt to changing conditions. But one element remains constant:  success stems from solid decision-making based on solid data. In the last few years, companies have invested heavily in technologies such as SAS software, Business Objects and Hyperion, all of which are designed to help capture higher quality data.

But look beyond the tools for a moment. How smart is your organization's approach to business intelligence? If you rely too heavily on dashboards, your view of the company may be too high level, missing key details on specific performance issues. The data you capture may only offer a snapshot view of your business, making your intelligence unfortunately short-sighted. In the end, an approach that focuses primarily on tools while overlooking data and strategy will not add significant value.

Today, business intelligence must rise to the level of business insights -- a more sophisticated approach that gives your executives the information they need to drill into each area covered by a dashboard and play "what if" scenarios, based not just on a historic perspective, but also a prospective one. When your approach includes both reflective and predictive perspectives, you can get much more out of the tools you're using to balance risks and rewards and set strategy more effectively... more


 
 
  Partners
IACUDIT
Malta Council for Science and Technology (MCST)
Magenta Consultoría
Global Thinkers Forum
EAEC
CAWTAR
Hominem
E-Campus
Innovety
Jovesolides
Odessa Law Academy
EP
Formetica
CCAB
ADAPT
Giolli Cooperativa
AlHayat Center
Futuro Digitale
Jordan River Foundation
ILO
SDC
SIDC
BMA
Global Fund for Children
MENAHRA
RI
UN Habitat
WBI
IREX
Mediter
About us: Who we are | Board | Consultants | Team | Memberships | Client Base | Testimonials | In The Media
Services: Introduction | Consulting | Training | Planning | Activities: Events | Projects
Workshops | News: Articles | Reports | Insights | Interviews
Gallery | Job Market: CVs | Jobs | F.A.Q. | Links | Guestbook | Directory | Contact



Design and Development by ITEC - Innovative Technology