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5 Steps to Build a Disruption Proof Business Model

Great Leadership By Dan

But you need the right culture for this approach, the right metrics (hint, the main KPI isn’t topline revenue) and the right resources. You need people on your team with both strategic and operational skills—two very different kinds of people. You need a cushion of cash to allow you to focus on the long term.

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Developing Performance Measures

Strategy Driven

Performance measures will have to be curated to the unique environment in which your company operates, the markets you’re operating in and the specific challenges of your sector. Developing performance measures should be a cornerstone of every business looking to secure their future.

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

Strategy Driven

There’s no denying that business intelligence software is crucial in helping organizations make reliable and timely decisions about their operations. How quickly and accurately a company responds in this technology-driven competitive market is the main difference between success and failure. Customer Behavior Insights.

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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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Making as Many Sales as You Possibly Can During Difficult Times

Strategy Driven

If you can’t have people in your store, you can’t operate. Ecommerce stores are allowed to continue operations. But this is an ideal way to be able to continue operations while stores are shut and even while stores are open, but you can’t have all too many people inside. All of this means less sales.

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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.”

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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. Which 20% of suppliers are responsible for 80% of customer UX complaints? What 20% of customers facilitate 80% of the most helpful referrals?