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The Importance of Business Intelligence Software and Why It’s Integral for Business Success

Strategy Driven

In the digital-first, customer-centric world we live in today, managers and business owners must deal with information overload. How quickly and accurately a company responds in this technology-driven competitive market is the main difference between success and failure. The Main Benefits of Business Intelligence Software.

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Complimentary Resource – Best Practices for a BI and Analytics Strategy

Strategy Driven

A growing number of organizations are moving toward having more pervasive Business Intelligence (BI) by turning to evidence-based decision making supported by a range of BI and analytics technology and processes that enable decision makers to have the best possible intelligence about customers, finances, operations, suppliers, and the market.

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Data-Driven Management Can Also Be Compassionate

Harvard Business Review

” No, Bezos shouldn’t embed a C@D—Crying@Desk—metric on his KPI dashboard. As the New York Times article observed, “Amazon uses a self-reinforcing set of management, data and psychological tools to spur its tens of thousands of white-collar employees to do more and more.

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AI Is Going to Change the 80/20 Rule

Harvard Business Review

Clearly identifying and cosseting the “super-Paretos,” however, doesn’t go analytically far enough; market and market growth demand that those descriptive statistics lead to predictive and prescriptive statistics. For them, KPI stands for “key Pareto information,” not just “key performance indicator.”

KPI 8
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Bots Won’t Just Help Us Buy Stuff. They’ll Help Us Become Better Versions of Ourselves

Harvard Business Review

Selvesware invites workers and managers to digitally amplify their talents and attributes, while monitoring and minimizing weaknesses. Simply put, selvesware helps people identify, manage, and measurably improve their best, most productive selves. Tracking which selves deliver the best performance and outcomes could become a new KPI.

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How is Big Data Transforming Your 80/20 Analytics?

Harvard Business Review

Indeed, even organizations where top management keeps their eyes glued to KPI-driven dashboards have trouble agreeing on what their Top Ten Most Important Customer/Client 80/20 analytics should be. Should management refine and dig deeper into existing 80/20 KPIs? Customers Decision making Information & technology'

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8 Reasons Companies Don’t Capture More Value

Harvard Business Review

One typical reason is that top executives haven’t managed to clarify something even more fundamental: how much priority they place on increasing profit margins. Growth: A TV cable company offers special subscription plans for new customers, aiming to achieve a strong market position within 24 months. Why is it that?