If we were to define “ad hoc” straight from the Merriam-Webster Dictionary, it would yield, “for the particular case at hand without consideration of wider application.” The goal of an ad hoc analysis is to close in the gaps that may have been left by a business’ regular reporting. In […]
Benjamin Goewey
49 posts
Analysis is an integral part of any successful business. This has always been a requirement even before the advent of analytics tools. Now that a large portion of analytic activities of companies can be digitized, more businesses are adapting business analytics tools to their systems. These tools help them perform […]
Enhancing product value for total customer satisfaction is every company’s end goal. Target markets of different industries are dynamic with their needs often changing according to society’s standards, issues, and fads. Knowing this, it is necessary to pull ahead of the competition through unique innovation of ideas and products which […]
In the past, business intelligence tools were largely used only by bigger companies to help them get a clear view of what is going on in their target market. Decision makers have always been on the lookout for data that can speed up their business since the beginning of time, […]
The merging of technology and business for the sake of greater revenue and more effective sales has become a mainstream business technique. In the past, incorporating technology with business was considered a cutting-edge move, with only a few having the means to pursue it. Today, it is a requirement if […]
In the dawn of growing business intelligence, many companies succeed in planning and management with the help of automated and organized data gathering. Successful companies that have integrated BI software to help them become the gigantic businesses they are today include T.G.I Fridays, Wendy’s, and Rudy’s. Yes, BI software is […]
There are three things that a business should be prepared for it to succeed: Budgeting, planning, and forecasting (BP&F). These three elements tell whether your business is on the right track and project if it can even compete with their competitors within the industry. When it comes to financial goals, […]
Decision making is vital in business management, but without factual information about the market, product, and places, it is not “decision making” but a mere hazard guessing. We live in a day where all information can be stored and disseminated at an insanely fast rate. Businesses have adapted to this […]
Some companies often believe that Business Intelligence (BI) is too costly, but that does not have to be the case. There are BI options that are less expensive than is often assumed, and BI can do a great deal for a company. Additionally, the ROI received makes the investment a […]
Recent research has shown that high employee engagement is not just a nicety, but is fundamentally essential to an organization’s success and also directly linked to the bottom line. A new study conducted by IBM shows that a single percentage point increase in an organization’s Employee Engagement Index (EEI) adds […]