In the world of business marketing, data is everywhere and should be leveraged in all plans and strategies. From customer data and trends to industry benchmarks and more, these different data points and sources allow businesses to understand better where they are and create a plan for where they want to be. While capturing as much information as possible can be tempting, you won’t get far without the right strategies to properly understand and effectively use this data.

Brands often struggle to use data meaningfully if data isn’t structured for analysis or if no marketing data-driven strategy is in place. Reviewing data alone does not lead to actionable insight or usable roadmaps for a company’s next steps. And while it requires analysis to become information and further context to become insight, together, it can tell a compelling story that can lead to strategic change.

With the right tools, people, and support in place, this can be a reality for your business.

3 Components of a Data-Driven Strategy

Marketing analytics is the practice of using data to evaluate the effectiveness and success of marketing activities. That data must be collected, analyzed, and reported to understand how it fits the overarching business strategy and goals. This data can also be used to measure the effectiveness of marketing campaigns, track customer behavior, optimize marketing strategies, and more.

Tracking key metrics and analyzing the data can identify trends and patterns that indicate what’s working and what’s not in any industry. You can then use this information to tweak your marketing strategy and achieve better results. But you must develop a solid marketing analytics strategy to improve your marketing effectiveness. This will allow you to collect accurate and timely data, analyze it for insights, and take action based on those insights.

1. Data insight

A successful data strategy transforms a company’s data into informative insights and financial gains — but it shouldn’t stop with simple reports and charts. If you want to make effective decisions for your business, big data analytics must be considered in everything you do. This is where marketing analytics comes in.

Without data insights to create meaningful conclusions, businesses’ guesses of what customers want, how they will grow, and so much more is simply that – a guess. Data insights allow you to see trends, predict future patterns, understand your customers, and paint a larger picture of your business. Data also allows you to track progress and adjust accordingly, so you always know what tweaks and changes within the company are impacting your bottom line.

2. Data management

Once you have the data insights, you have to collect and manage them somewhere. Having a data analytics and business intelligence expert on your team can help you know what to do with this information, but that in-house person doesn’t exist for many businesses. Cue a data management consultant partner you can trust.

Working with a consulting partner to help you leverage the power of your data is crucial in getting the most out of all of the customer marks you’re collecting. And with security a top concern for many businesses, storing that data safely is just as important as gathering it.

At WCI, we help businesses organize, optimize, and analyze their data to make more informed and profitable data-driven decisions. Learn more about how WCI works with companies to manage, collect, and store data.

3. Team Enablement

You have the data. You’ve stored the data. Now you’re ready to analyze and share the findings with your team. When used effectively, data can unleash new potential for any business. But what happens when your team can’t access or interpret it? Your data is only valuable when technical expertise can use it to improve your organization and profit.

Team enablement is part of our process at WCI, as we walk teams through training sessions that help them get the most out of sharing their data and analytics in one centralized place. Vital training for you and your team helps ensure the technology you’re using gets adopted into your workflow and you get the most out of your new solution and data findings.

Building a Data-Driven Strategy

A data strategy is paramount to success and must be implemented to maximize your business intelligence. With a marketing strategy that considers data and how to use it, organizing can drive more leads, discover better opportunities, make smarter decisions, create a better company culture, provide more value to customers and employees, and so much more. These insights can completely transform the way a business operates for the better.

Feel Empowered to make Data-Driven Decisions

You can leverage analytics in your overall marketing strategy and business growth plans by compiling your data and an experienced team of experts who know how to make the most of it.

At WCI, we are data management consultants that help businesses organize, optimize, and analyze their business data to make more informed and profitable data-driven decisions. In addition, we help you better tie together business data from your entire company to stay better informed and discover opportunities. Get a free on-site discovery session with our team today.

As organizations continue to adopt agile and lean methodologies, business intelligence has become a critical component in optimizing data management strategies that provide valuable insights for informed decision-making.

In today’s world, very few organizations aren’t leveraging the power of agile and lean methods within some of their software development teams. Not only is agile popular amongst IT departments it’s being applied, but agile is being incorporated into all aspects of many businesses. This trend began in 2001 and has steadily grown since then.

Data Management is a crucial process component, and it promotes a pragmatic, streamlined approach to data management that fits into the rest of an IT process. Consequently, there is a need to optimize a Data Management strategy within the overall workflow of organizational processes. Disciplined Agile Data Management does just that evolutionarily and collaboratively, offering concrete data management strategies that provide the right data to the right people at the right time.

What is an agile mindset?

At the basic level, Agile refers to continuous and incremental improvement through small and frequent releases. The term Agile data is commonly associated with software development as a project management methodology and breaks down large projects into weekly “sprints.”

Rather than forming a business intelligence strategy that you plan to roll out in six months, an agile approach would break down those 6 months’ worth of work and organize them into weekly lists of tasks to build on. These short increments are often referred to as sprints.

An agile mindset allows for constant feedback from your business staff and creates shorter development cycles. If one aspect is not meeting the business need, it can be identified and remedied quickly before spending too much time and effort on something that doesn’t work. If you use an agile approach, the collaboration will be at the core of your team’s work to ensure the deliverables are met. As a result, you’ll be able to see results quickly and gain momentum in your overall business intelligence strategy versus other traditional approaches.

An agile data mindset emphasizes the following:

Open collaboration, both within the product team and with stakeholders
Rapid iteration that delivers small incremental usable items of value
Continuous inspection and improvement to improve the team’s velocity over time
Empowering the department team to self-manage

Key Factors in Adopting an agile mindset for BI

1. Keep your eyes on the big picture

You may have an immediate problem that you need to solve and want to use BI to get there. This may work as a short-term solution. However, you may also find that you put a lot of time and energy into addressing one issue, only to find that it will not help with future problems.

Part of your business intelligence strategy should focus on solutions that can answer many questions over time. In addition, your business intelligence should be adaptable as your company grows and goals change.

Most importantly, your business intelligence should align with your overall business strategy. Whether you are looking to improve operations, increase sales, or provide more efficient service to your customers, your business intelligence analytics should be able to identify the relevant data for your goals.

2. Involve the right people

No matter the size of your business intelligence team, you need to involve a group willing to put changes into practice.

Your team should include several roles:

People who are experts at using tools to retrieve and display data
People with the right insights to interpret the data
People who can support the organization by putting the data into practice

Your organization may need training across multiple departments. Your business staff has to understand that the data will help them make better business decisions. If you maintain a strong relationship between your business staff and your business intelligence team, you will have the most success from your business intelligence strategy.

Depending on the size of your organization, some of these roles may overlap, or you may also find that you need outside business intelligence consulting.

3. Identify the pain points

You may have business staff that already know what data they need to make informed decisions within their departments. They may be manually compiling data in Excel or preparing reports independently. Unless this is brought to the attention of the business intelligence team, no improvements can be made. The BI team should talk with leaders within each department and find out what questions exist today and how BI solutions can help.

If the “workarounds” that staff use are needed for their jobs or part of overall company goals, they should be implemented into the BI strategy. These one-off methods can be replaced with more robust analytics and reporting.

Successful implement and optimize BI Solutions

Incorporating agile into your organization’s practice may sound challenging, but getting started may be easier than you think. The first step is reviewing your current process and identifying how to break down large projects into smaller ones. Next, review the team and roles that support each task and begin scheduling weekly meetings to keep everyone on the same page.

As each project progresses, an agile approach allows you the flexibility to adjust, change course, and optimize at all stages as you need. Export support can also help make agile a reality for your team.

Get the right business intelligence experts in your corner

Our team of BI experts at WCI will design and develop systems to help you leverage the power of your data:

Stay proactive using real-time data
Empower your team with easy-to-use dashboards
Access your data anywhere with mobile intelligence solutions
Make smarter decisions with predictive data models
Stay productive with fewer interruptions and quicker answers
All on the best platforms and technology for you (including cloud business intelligence on AWS, Azure, Power BI, and more…)

Get started today

WCI is a business intelligence consulting company with a team of experts based 100% in the USA. If you’re ready to implement agile and begin working smarter, WCI is here to help. Talk with our experts today to learn more.

Businesses looking to leverage the power of their data and analytics often turn to business intelligence consulting to help them make sense of their information and gain a competitive edge. Companies can make more informed decisions by analyzing business analytics and industry trends, leading to increased profits and efficiency.

Business intelligence (BI) can be used to track customer behavior, understand how products are selling, predict future needs, and so much more. Businesses are learning that their most valuable asset is already at their fingertips – their data.

BI can give companies a competitive edge by providing managers and decision-makers with timely, accurate information about their customers, operations, and financial performance. As a result, BI can help these businesses make better-informed decisions that improve overall outcomes.

By partnering with a knowledgeable business intelligence consulting firm, you can ensure they have access to the latest tools and techniques needed to effectively collect, analyze, and interpret data for strategic decision-making. But how do you choose the right one, and what questions should you be asking? Here are 5 questions you may want to consider asking when choosing a business intelligence consulting firm

1. What is your definition of “business intelligence?”

Asking this question will give you insight into how your potential consultant views business intelligence and its power.

For WCI, we believe that business intelligence refers to the technologies, processes, and practices used to analyze and make sense of an organization’s data to gain insights that inform business decisions. Business intelligence aims to turn data into actionable information, giving business leaders a deeper understanding of their organization’s performance, market trends, and opportunities.

BI solutions may involve data gathering and management, data analysis and reporting, visualization and dashboarding tools, and predictive analytics. The insights BI tools provide can help organizations optimize their operations, identify growth opportunities, and stay ahead of competitors. Business intelligence is widely used in various industries, including finance, healthcare, retail, and manufacturing.

2. What are the most common uses or applications of Power BI?

In 2019, Forbes reported that an overwhelming 95% of businesses faced challenges with unstructured data – data that is unorganized and unprepared for analysis.

Power BI is a powerful business intelligence tool developed by Microsoft, which provides a wide range of features for data visualization, exploration, and analysis. The right business intelligence consulting service will help you take advantage of these areas and more for your business.

Here are some of the most common uses or applications of Power BI that we leverage at WCI:

Data analysis and visualization: Power BI provides a variety of visualizations, including charts, graphs, tables, and maps, which make it easy to analyze and understand complex data sets.
Business reporting: Power BI allows users to create custom reports and dashboards, which can be shared with others in real time. This enables organizations to make data-driven decisions based on current and accurate information.
Data modeling: Power BI includes tools for data modeling, which help users to prepare and transform data for analysis. This involves cleaning, transforming, and shaping data into a format ready for analysis.
Forecasting: Power BI includes predictive analytics features that enable users to create forecasts based on historical data. This can help organizations to identify trends and make more accurate predictions about future outcomes.
Mobile reporting: Power BI has mobile apps for iOS, Android, and Windows, which allow users to access and interact with reports and dashboards from their mobile devices.
Integration with other Microsoft tools: Power BI integrates seamlessly with other Microsoft tools, such as MS Team and Azure, allowing users to leverage data from multiple sources.

3. What BI platforms do you work with?

The platforms a business intelligence consulting company works with can make or break your decision to partner with them. You’ll want to find a partner familiar with the platforms you already know and love – and not be put in a box that makes you switch what you’re already familiar with.

We work with all the best platforms and technology for different businesses, including cloud business intelligence on AWS, Azure, Power BI, and more.

4. How long have you been working in my industry?

The right business intelligence solution should consistently deliver more than you expect. So should your business intelligence and data management consulting partner. At WCI Consulting, we’ve done just that since 1998. Our reputation speaks for itself, thanks to our team of highly mastered data management AWS and cloud consultants who are available to help you reach new levels of success, day in and day out.

At WCI, we help businesses organize, optimize, and analyze their business data to make more informed and profitable data-driven decisions. In addition, we help you better tie together business data from your entire company to inform better and discover opportunities.

We have worked with dozens of organizations to help them gain better insight into their business through Microsoft Power BI dashboards. However, setting up a dashboard doesn’t mean you get the needed numbers. Read more about our experiences working with businesses like yours in our case studies over the years.

5. What BI consulting services do you provide?

Power BI is a suite of business intelligence tools developed by Microsoft that offer a wide range of services to help users analyze and gain insights from their data. While each consultant provides different services, partnering with a business intelligence consulting company that offers exactly what you need – today and for the future is essential.

Here are some of the key services we offer:

Enterprise Business Intelligence (BI)
Data-Driven Business Analytics
BI Dashboards
Data Analytics & Reporting
Predictive Analysis
Mobile Business Intelligence
End-User Adoption Audits
And more

We work with companies to identify actionable insights and key performance indicators that make performance improvements a reality. Our dedicated professionals live and breathe BI.

Find the perfect partner for you

At WCI, we believe in true partnerships and work hard to support our clients in every way possible. If you’re ready to harness the power of your data through business intelligence services, our team is ready to help.

Learn more today.

In today’s increasingly data-driven world, it’s more important than ever to have accessible ways to view and understand data and leverage it to make informed business decisions. Business analytics and data visualization provide insights into how things have historically played out, possibilities for new scenarios, and much more.

It’s no surprise businesses today have gravitated toward wanting to understand and leverage data visualization capabilities as an efficient way to help make sense of business-critical information and large sets of complex data at scale. Across all industries, business leaders today understand the importance of data and how to use it to its fullest potential – with the help of analytic dashboards and data visualization tools.

In this post, we’re breaking down analytics dashboards, data visualization, what each is, their advantages, and how they can impact your business in significant ways. Let’s dive in!

Why is data visualization important?

Business intelligence aims to collect and turn data into actionable information that fulfills operational and strategic objectives and supports a person’s decision-making. Why is it important? Because it helps people see, interact with, and better understand their organization’s data. Whether simple or complex, effective visualization and BI tools can bring everyone together on the same page, regardless of their expertise with data or daily interaction with these numbers.

Not only is the actual data necessary, but the ways BI display them are just as crucial. According to MIT, 90% of information transmitted to the brain is visual. This means that the better we can represent complex numbers like big data, the easier it becomes for all stakeholders and employees to understand. Data visualization ultimately helps provide more people who use BI tools and analytics solutions with a familiar, engaging, interactive way to absorb information at a glance and understand the insights hidden beneath the numbers.

These data visualization tools and processes provide a quick and effective way to communicate and share information in an easy-to-read manner using visual information.

What is a data visualization dashboard?

Power BI Dashboard Example

Data visualization, also known as data exploration or Business Intelligence (BI), is often referred to as dashboarding. The data visualization industry has garnered much attention over recent years because of the easy-to-understand format in which complex data is delivered. Dashboards, in turn, present this complex data in an easy-to-interpret format.

These dashboards allow those viewing them to easily track, analyze, and display KPIs, metrics, and critical data points. A good dashboard helps both technical and non-technical users understand and interpret business intelligence to make more informed business decisions. They can actively participate in the analytics process by compiling data, visualizing trends or occurrences, and uncovering an objective view of performance metrics that can be immediately understood.

As BI has become a priority in the past decade, analytics solutions increasingly support newer options to visualize complex data sets and realize effective data visualization. Today, there are many types of data visualization to show and represent data in a more engaging way, with the exact output dependent on the analytics solution in question.

Make data easier to understand for all
Increase accessibility and collaboration on data points
Create quick overviews of complex numbers

The benefits of using dashboards

For many organizations, multiple tools are used to track KPIs and metrics, such as marketing platforms, email platforms, and CRM tools. Monitoring and analyzing the data from each tool individually takes a lot of time and effort to compile. It’s often disjointed and hard to put together, too.

The solution? A data visualization dashboard with a graphical representation of your data.

Dashboards are used for data visualization so that users can glimpse a bird’s eye view of the data from each of their business platforms in one centralized location, gaining the ability to understand what it means for the business quickly. Businesses can also drill down deeper into any aspect of the data with a few clicks. This is great for specific departments to compare year-over KPIs, projections, and more.

Who is Analytics Dashboards and Data Visualization for?

Analytics dashboards and data visualization can be helpful in many different industries and uses. Many in these fields utilize data visualization for business operations and data-driven decision-making:

Financial services
Healthcare
Life sciences
Manufacturing
Media and communications
Public and social impact
Retail and consumer goods
Technology
Transportation
Education
And more

Whether it’s a sales department manager in a media company wanting to make their quarterly KPI report more engaging for executives or a C-suite in finance using visualizations to represent their total investments, data visualization is equally essential.

How Do I Get Started With Data Visualization Consulting?

Getting started is fast and easy with the experts at WCI.

Start with a Free On-site Discovery Session — During the discovery session, you will meet with a senior data analytics consultant from WCI and share your data challenges and goals with us.
Next, we Review the Proposed Solutions — After the session, we’ll summarize, evaluate, and provide a list of data management solutions and a project outline custom to you.
After that, we start the Solution Development Process — After the agreement is signed, WCI and your team work together to develop the right solution that meets your project goals and supports your business.
Lastly, we move into Training and Support — This is a key stage of our solution and crucial to your data.

Is your business leveraging data to its fullest potential?

Find out by spending half a day with someone who knows data and can help you answer this question.

At WCI, our data visualization consultants help businesses organize, optimize, and analyze their business data in ways that help them make informed and profitable data-driven decisions. We help you tie together business data from your entire company to better inform and discover opportunities.

With an ever-increasing amount of data available at our fingertips, knowing what information is relevant to problems you need to solve or decisions you need to make can be challenging. But with the help of business intelligence software platforms, the data noise can be calmed, and you can gain clarity in what you’re looking at.

Business intelligence software platforms are designed to make sense of vast volumes of data and offer insights into ways to leverage this knowledge. Business intelligence can help create something meaningful from all that nondescript data when used correctly. BI solutions assemble all the discrete data for analysis and then group and shape them for any business’s use.

How do you know which BI software platform is right for your needs? Learn more about the top 3 BI platforms and what makes each unique.

What exactly is business intelligence software?

Business intelligence (BI) is a set of business analytics solutions companies use to retrieve, analyze, and transform data into meaningful business insights. These reports are often compiled into easy-to-read visualization such as charts, graphs, and real-time dashboards.

BI tools often include data visualization, data warehouses, interactive dashboards, and reporting tools. These BI solutions pull internal data that a business produces into an analytics platform, allowing for deep insights into how different parts of the company affect one another.

So what options do you have to choose from for BI software? AWS, Azure, and Power BI are hands down the three most popular.

AWS

AWS (Amazing Web Services) allows application providers and vendors to securely and quickly host applications. You can use AWS or well-documented web services APIs to access AWS’s application hosting platform features and tools.

AWS also provides servers, networking, storage, remote computing, email, mobile development, and security for its users.

Features and Benefits

Easy-To-Use – AWS allows application providers, ISVs, and vendors to quickly and securely host any applications.
Flexible – AWS enables users to select the operating system, web application platform, programming language, database, and other needed services according to their business.
Cost-Effective – You only pay for the computing storage, power, and other resources you need, with no long-term contracts or commitments.
Reliable – Take advantage of a scalable, reliable, and secure global computing infrastructure when using AWS.
Scalable and high-performance – Applications can scale up or down based on demand using AWS tools, Auto Scaling, and Elastic Load Balancing.
Secure – AWS’s end-to-end approach securely protects infrastructure, including physical, operational, and software measures, in one single source.

Who should use AWS

Because AWS’s pricing is modified based on a customer’s usage, start-ups and small businesses often choose AWS and can see the benefits of using AWS for their immediate computing needs. For existing companies, Amazon provides low-cost migration services so your existing infrastructure can seamlessly move over to AWS. As a company grows, AWS also provides resources to aid in expansion.

Azure

Microsoft Azure, along with AWS, is one of the top Infrastructure as Services (IaaS) providers, also known as “the Cloud.” Formerly known as Windows Azure, is Microsoft’s public cloud computing platform. It provides a broad range of cloud services, including computing, analytics, storage, and networking.

Microsoft Azure has over 200 applications that offer over 1,000 technical capabilities in the past year alone. All applications are designed to serve businesses from the cloud or over the internet. Companies can offload resources to Microsoft Azure rather than storing and managing data on their own. Azure also helps businesses process data on their computers and servers.

Features and Benefits

Speed: Microsoft Azure’s speed is a top benefit, and it emphasizes placing data centers worldwide, giving users the best chance of getting their data when they need it.
Automated solutions: Microsoft has developed some of the most fully-automated solutions that can change when needed, without notice required.
Robust templates: Microsoft also provides pre-built tools, such as templates and best practice guides, so you don’t have to create anything from scratch, resulting in a quicker time to market.
Enhanced flexibility: Azure offers immense flexibility with its simplified scalability.
Flexible service levels: Because companies pay for only what they use, there’s a sense of freedom for companies to move between tiers and maximize budgets.

Who should use Azure

Azure is a fast, flexible, and affordable platform, and its pricing and capabilities make it a significant public cloud offering on the market. Companies needing a deep and wide tool interplay with many other services should consider Azure as their BI software.

Power BI (Microsoft Power BI)

Microsoft Power Bi Business Intelligence Software

Power BI is a collection of software services, connectors, and apps that combine to turn a business’s unrelated data sources into coherent, visually immersive, and interactive insights.

Features and Benefits

Data visualization – Power BI offers a variety of easy-to-read and interpret visualizations, including charts, graphs, dashboards, and more.
Machine-learning pattern predictions – Allow Power BI to harness your data’s power and provide future projections based on trends.
Great for complex, large data – Power BI is an excellent option for businesses working with vast amounts of complex data.
Easy creation of reports and dashboards – You don’t need to create custom dashboards unless you want to because many pre-built options are accessible.

Who should use Power BI

Power BI is an excellent option for those wanting data visualizations. This software is especially relevant for those in the following industries: software or IT companies, the hospitality industry, the financial industry, management consulting services, retail sectors, staffing & recruitment industry.

Finding the right business intelligence solutions

In the race between top cloud providers, it will be exciting to see what new initiatives these three providers embrace in the future. If you’re ready to get started or have more questions about BI or finding the right business intelligence software platform, WCI Consulting is here to help. Contact our team today to get started with your training.

As a business leader, you may understand that data management and business intelligence are essential to your organization’s success. Business analytics enable you to make informed, fast decisions, react to market changes efficiently, and always stay one step ahead of the competition. Companies that successfully implemented master data management continually grow, but how can you ensure that your business’s intelligence is optimized and working for what you need?

If you’re looking to tie together business data from all areas of your company to inform and discover opportunities but aren’t sure how, we’ve got the answer for you.

So What Does Business Intelligence (BI) Include?

Business intelligence refers to the technology that enables businesses to organize, analyze, and contextualize their organization’s data from all aspects of the company in one single source. BI includes multiple tools and techniques that help transform raw data into meaningful and actionable information.

How Is BI Used?

When used correctly, BI can be leveraged by many different organizational departments. For example, sales, marketing, finance, and operations departments can harness business intelligence to help guide their strategies.

For example, various teams and departments may use business intelligence for the following:

Data scientists and analysts: Analysts are usually very familiar with BI and use the centralized data to understand where opportunities for improvement exist and what strategic recommendations should be made to company leadership.
Finance: Finance departments can blend financial data with operations, marketing, and sales reporting to offer insights into which decisions make the most sense regarding profit and loss.
Marketing: BI can help marketers track campaign metrics and efforts from one centralized place. These systems also offer real-time tracking, measure each effort’s performance, and allow marketers to better plan for future campaigns.
Sales: Sales data analysts and operation managers often use BI dashboards and key performance indicators (KPIs) to quickly access complex information like discount analysis, customer profitability, and customer lifetime value.

Explore three easy ways your business can start maximizing business analytics, data management, and business intelligence for ongoing success.

1. Evaluate your data management and business intelligence ecosystem

To create a path towards success, you first need to evaluate where you currently stand. Identify how your business uses analytics to drive decisions and communicate across departments. Your marketing, sales, customer service, and other teams are all probably using data analytics in one way or another. Ask yourself if these departments are siloed or collaborative in data management and sharing.

And if you’re not using data at all but seem to be succeeding, the wave you’re riding will only last so long. Without data to drive your decisions, strategy, and path forward, you’re taking shots in the dark and guessing what will work.

As you evaluate your team and how they’re using BI currently, try to keep the following questions in mind:

What’s your BI vision, and do you have any? How is that vision aligned with your IT and corporate strategy?
Who are your BI players, and how coordinated are they? Is there function overlap?
How do you handle data management and data governance? How do you support BI users?
What factors do you use to make business decisions?

As you uncover answers about your current business processes and how your team utilizes them across departments, you should see where improvements can be made in areas that cause frustration or hold-ups.

2. Create a strategy

Deliver actionable business insights by creating a business-aligned reporting and analytics strategy. Well-designed data management processes can help your business benefit from productivity improvements, cost efficiencies, and a flexible ability to respond quickly to changing needs.

When your data is well organized and managed, you can reduce data movement, uncover performance breakdowns, and better empower your users to access the information they need in one simple click. In addition, with data management in place, companies like yours can avoid unnecessary duplications, and employees won’t conduct the same research or fulfill the same tasks repeatedly.

A company’s success depends heavily on its ability to make the right decisions quickly. If it takes too long to react to market shifts or activities of competitors, businesses are likely to lose money, miss opportunities, and fall behind the competition. The solution is in organized data, allowing decision-makers to acquire vital information faster and respond appropriately.

3. Emphasize the big picture to employees

It’s essential to train your employees to think critically and make decisions quickly. While all businesses rely on their employees to make critical decisions, in today’s fast-paced economy, it is more important than ever.

The ability to think critically involves analyzing information, interpreting its meaning, and identifying key issues. It also requires seeing both sides of an issue and evaluating the implications that different decisions can create. The ability to make quick decisions depends on how employees can weigh out the pros and cons of various options quickly and efficiently. When employees do learn these skills, businesses gain a competitive edge.

Moreover, they can help ensure that their employees are better equipped to handle the challenges of the modern workplace.

Start achieving success through data management and business intelligence today.

If you’re ready to provide real-time insights and solutions to your team, WCI Consulting can help you make that happen. Learn more about our business intelligence consulting services and how they can help grow and support your business.