According to Accenture consultant Jeanne Harris, a full 40% of organizations still rely on their guts, not data analytics, to make important business decisions. Why is that? For one thing, many companies have simply been relying on gut instinct to make decisions for so long that giving up the habit is easier said than done. And even those that want to make the transition to data analytics often don’t know where to start, according to Harris, who recently co-authored the book Analytics at Work: Smarter Decisions, Better Results.
But it can be done, Harris says. SearchBusinessAnalytics.com recently sat down with Harris to discuss some of the key benefits of data analytics, how to identify areas in which to get started with analytics, and why she says, “The unexamined decision isn’t worth making.” To refer this case study click here Use Data Analytics to Make Better Business Decisions
The Challenge: Atlantic Webworks is a local Web development ﬁ rm, founded approximately ten years ago by President Adrienne Cregar Jandler. In her drive to further grow the company and differentiate it in a crowded, competitive market, she sought assistance from The Lattitude Group four years ago to:
• Increase proﬁ t and revenue.
• Prepare infrastructure, staff and resources for growth.
• Increase proportion of larger clients and projects.
• Evaluate product and service offerings.
• Balance her professional and personal lives
Consultants are a valued for their expertise in one or many areas. Unfortunately, the price of wisdom and counsel is often an expensive commodity. This is why consultants are usually part of an external company that independent businesses hire for a limited amount of time. In spite of the price tag, business consulting can definitely be worth the investment. This paper gives you details Some Challenges and Benefits of Business Consulting. Read more….
The role of the chief financial officer (CFO) is evolving, but due to pressures to meet financial reporting requirements, there’s still a strong pull toward “chief bean counter” responsibilities. But CFOs can find opportunities to become true business leaders. With help from technology, five key strategies can enable the CFO to have a significant impact on the direction and success of the business. Learn more….
The client, at the time a leader in their market sector, was in serious financial difficulties to the extent that consultants employed by the client’s bankers were managing the business on a daily basis and approving all expenditure. The client, the bank and consultants had drawn up a draft recovery plan to turnaround the business in 4 months.
The complexity of this task was made more difficult following the purchase a large Dutch competitor some 12 months earlier which the company found difficult to integrate with the UK business. QHR were asked to contribute to the final stages of the recovery plan and once all aspects were agreed QHR supported the business in drastically cutting operating costs through headcount reduction. The turnaround was successful and the business is now operating efficiently and profitably. View further for Business Turnover & Recovery
Challenge: TEIG has a long established philosophy to offer learning programs that provide its employees with fundamental knowledge of the insurance industry and comprehensive knowledge of the company’s business. It needed an equitable solution for employees nationwide to have instant, anytime, anywhere access to a variety of learning modules to meet current business needs. Economical Insurance Group…
Minnesota School of Business, Inc. (MSB) and Globe College Inc. (GC), are proprietary corporations based in Minnesota. The combined philosophy of MSB and GC (MSB/GC) is based on recognizing the dynamics between personal and professional development. MSB/GC invests in its students by providing knowledge and skills to support immediate employment goals and credentials and the foundation for career opportunities. Furthermore, the institution acknowledges human resources as a central driver of business and prosperous communities and views education as a catalyst to increase each citizen’s quality of life and his or her ability to contribute to society. Minnesota School of Business
The British Gas for Business LinkedIn Group attracted Heads of Sustainability, Acquisition Managers, Technical Directors and General Managers from acrossthe UKThe sole sponsorship of LinkedIn Answers “Sustainability” section positioned British Gas for Business as the industry expertsBritish Gas for Business generated debate around energy efficiency and carbon reduction y seeding questions and encouraging discussion groups to share their opinions and views, generating over 20 conversationsLinkedIn Polls achieved 700 responses and comments from target audiences engaging in the debate on energy effiency at work. Discover more on British Gas for Business
Silk Pty Ltd (fictional name) was a Sydney-based company that manufactured frames for the silk screening industry for 15 years. In the last 12 months, it had diversified its activities to include office fit-outs, using the director’s engineering experience.
Changes in the market meant that silk screening work had moved from Australia to China. This had reduced the local demand for silk-screen frames. Meanwhile, the company was incurring large losses. It had invested heavily in frame manufacturing machinery and turnover had substantially declined. The office fit-out division had introduced a new portfolio of creditors and their money was being used to pay creditors in the silk-screen business. Click here to read more…
London’s oldest, and most iconic, conference and exhibition centre wanted to become a sustainability leader and show that its operations were environmentally responsible. But how do you mitigate your environmental impact when you host a packed programme of changing events? Holding 80 major exhibitions and 250 conferences annually means that the Business Design Centre (BDC) works with new clients every year and does not have total control of its carbon footprint. In order to establish a carbon reduction programme it worked with The CarbonNeutral Company to be the UK’s first CarbonNeutral® venue. In addition to managing energy consumption and waste where possible, the offset programme has ensured the venue takes responsibility for all its emissions and has a net zero footprint. Discover more on Business Design Centre