How Do You Gain From Business Intelligence?
In the days when every enterprise was a mom-and-pop store, it wasn’t difficult to know what was going on in the company. Owners had their hand in all aspects of running the business, including sales, production and staffing. While a sole proprietor can still rely on her instincts, medium-sized and large companies must depend on their business intelligence systems. However, these only benefit the company if you know how to implement the data. Set up periodic meetings with key management to review data your business intelligence system has collected. Allocate each separate aspect to the appropriate person and have them give a presentation so everyone can gain from knowing where the company stands. Be aggressive in identifying weak spots. Pointing fingers is counterproductive. Concentrate on improving weaknesses and solicit everyone’s input. You never know where a creative idea will come from. Identify strengths in your operation and congratulate whoever deserves it. By doing this, you ma
