If you’re like me or anybody else who travels frequently (or perhaps just lives in a particularly large city), you’ve probably become familiar with yelp, foursquare, or any of a number of different sites and apps designed to help you find somewhere to eat or other goods and services in […]
Yearly Archives: 2016
9 posts
Writing about Donald Trump—especially nowadays—is likely to incite a heated discussion and lose you friends. Whether or not you’re for or against him and his politics, it’s interesting that so few of the political bigwigs managed to foresee that he would get this far. Specifically, Nate Silver and his statistical […]
A successful business envisions a continuous progress through a strong sense of planning and implementation. The planning phase is a crucial part of performance management wherein the business path is determined by using variables that affect performance. While it’s true that there is no straightforward path to success, there are […]
If you have years worth of sales data, you can use that data, with the help of Excel, to predict upcoming trends and help you plan for your business. Forecasts can help you with important business decisions, such as managing staff and inventory, planning budgets, and predicting cash flow issues. […]
The 2015/16 English Premier League finished off with an unlikely champion. Leicester City football club emerged victorious this season despite their not-so impressive record in the past. In a podcast episode of More or Less Tim Harford explores why Leicester City’s win came as a surprise.
It goes without saying that a business can’t operate without a solid budget; the budget sets clear goals of income and expenditure for the entire body of the business, from top to bottom. There are many factors that go into determining your budget cycle length and the frequency of creating […]
It is perhaps part of human nature to react to errors as soon as they see it. Being able to identify them is crucial in just about anything especially in instances where minor discrepancies would impact the expected results a lot. Forecasting business flow is necessary in making important decisions. […]
In today’s fast-paced business environment, organizations that don’t use data and analytics for planning are flying blind. In the past, data analysis has been cumbersome, time-consuming and resource-intensive (not to mention expensive), requiring analysts who not only analyzed the data, but also spent hours accumulating, entering and then rechecking the […]
Employee performance management is a key to create a coherent relationship of the workforce’s efficiency levels and the organization’s goals and objectives. Performance management begins as the worker is screened primarily for the tasks where their skills are determined if they are suitable to comply with the needed competency for […]