Daily life is an endless string of decisions. What to eat? How to spend our time best? With whom?...and they are all based on thousands of comparisons. This process informs all of our business decisions as well. We either consciously or unconsciously base business decisions on comparisons of the options before us. Without comparisons, there really can be no decisions.
Surviving deep waters requires learning how to swim first.
"I fear that too often the sizzle and “wow!” factors of purpose-built innovations get too much attention at the expense of the foundational digital capabilities retailers desperately need to stay competitive amidst the disruptions of the 21st century."
All too often, BI and analytics initiatives are short-sighted in that their goals are defined as providing insights from data feeds, and with that accomplished their implementers think the goal has been reached, when in fact it has not; it’s only the starting point for making a decision.
At the rate at which the volumes of data are increasing, it is questionable whether Excel should be the tool of choice for finance. All is not lost though as cost effective alternatives are available, as this article will demonstrate one such solution.
You can view the evolution of software through the lens of "integration and differentiation." So what can a business do to buffer itself from technology swings and disparate architectures?
Nobody doubts the impact that automation can have on productivity, cost reduction and efficiency but a new study highlights that automation on its own is rarely sufficient to bring about enduring change.
Remember when you needed separate electronic gear to play back music, make phone calls, take pictures, record audio and access the Internet? The year was 2006. It was great for vendors, but a mess of expensive choices for consumers.
As successful companies grow globally, they must follow two seemingly paradoxical paths. First, they need to present a single face to all markets, ensuring that every marketing penny spent builds a common brand and value proposition. Secondly, though, they need to cosmetically alter that single face in each separate region and country to match cultural norms and buying behaviors that often differ widely.
When a leading business advisory purchases enterprise performance management software for its own use and allows the supplier to reference its purchase and successful implementation, it’s a compliment of the highest degree and a solid gold endorsement.
As anyone who’s ever tried to cultivate an attractive garden discovers, weeds are inevitable. They crop up from seemingly nowhere, and if left unchecked, flourish like … well, like weeds. Over the four decades since Visicalc and Lotus 1-2-3 drove the first Modern Business Analytics wave, fueling early PC sales in the process, spreadsheets have become the ubiquitous weeds clogging business processes around the world.