

How does business analytics help companies improve, grow, and overcome challenges?
Analytics can enable growth, through providing a feedback loop. The feedback loop can identify bottlenecks, areas of potential growth and areas where waste is occurring. Then companies can act on these insights, to increase their performance, in whatever part of the business that challenge lies. At a very basic level, it works like this: 1. Measure the challenge/problem. 2. Audit the results, looking for opportunities. 3. Take action on those insights. Rinse/repeat. With a continual focus on… Continue reading