A strategy is one of the key elements of organizational success. Companies that have strategic plans and actively work to achieve them are 12 % more profitable. By developing strategies, organizations can create a clear and shared vision of what they hope to achieve and identify the necessary steps to take. It also enables them […]
The Most Agile Companies During COVID-19 Are Those with Most Data Insights
Most companies started 2020 with a plan. By January 20, that plan was becoming obsolete, and by January 31, it was history. The world’s economic landscape seemed to change overnight, and businesses were struggling. Organizations needed different business plans to navigate the COVID-19 landscape, but this was uncharted territory. Corporations have disaster recovery or […]
The Crucial Role of Accurate Data in Times of Crisis
In times of crisis, a great deal of information and data is gathered, and teams work tirelessly to analyze it. While effective analysis should be a priority, it is just as important that all the data and information we receive is accurate. A large number of natural disasters and crises occur around the world. In these […]
Self-Check v.s. Cashier
Why are customers divided on self-checkout or cashiers? As technology advances and changes rapidly, our interactions with people, places, and things change as well. One example of this is the Self-Checkout service. I’ve always wondered why sometimes I find myself at the end of a large line at a grocery store, but next to the […]
The Importance of Employee Empowerment
Why do business owners have employees? For many business owners, especially those who started their own businesses from the ground up, the employees came gradually as the company grew. Each time a new hire occurred, the owner ideally made some calculated decisions about what they could do for themselves and what skills were best left […]
Business Glossaries and Data Dictionaries: What’s the Difference and Why Should I Care?
Both business glossaries and data dictionaries sound like something you’d find sitting on the reference shelf of a library. The terms are basically interchangeable, right? Wrong! While they share some similarities, both the purpose and the content of these two documents differ substantially, and understanding those differences is the key to ensuring that business owners […]
