Managing your employees is a job in and of itself. At first glance, it seems easy to put a price on each member of your workforce and what they contribute to your company. After all, shouldn’t it be equivalent to their salary? But the truth is that the true contribution of most employees isn’t...
We all know that scaling your business and achieving the growth that you desire can be much easier said than done. When you’re just starting out, you’ll find yourself wearing many hats. Managing the marketing, SEO, and sales, all at once. If you’re struggling to see the light at the end of the tunnel...
Owning a business is hard work, there’s no way to get around that. That’s just the truth of it. You learn so much about owning a business in the first few years, but you never really stop learning and growing as you own a business. Eventually, you’ll look back at the person you were,...
Predictive analytics is an incredible tool that can make a huge positive impact on your company. From optimizing marketing campaigns to reducing risks of investments, predictive analytics serves as an invaluable asset to every company that uses it. So far as business tools go, it is relatively new—after all, the technology that is used...
It may surprise you that a successful executive dashboard initiative is not just about the data. It probably varies some from project to project, but on average success is 50% about the data and KPIs and 50% on the business process you wrap around your executive dashboard. In other words, even if you have...
Writing a business plan is a daunting, but necessary, task. Doing so can help take your business to new heights, oftentimes by putting yourself in a better position to secure further funding, but also just by making it clear to the entire organizational team what the overall goals are for the company. Here is...
Artificial intelligence, or AI, gets thrown around so much in the business and technology fields, nowadays, that it seems more like a cliche than a usable tool. However, the truth is that AI and machine learning really are changing the field of BI in profound and lasting ways. While AI on its current scale...
In our last blog, we discussed the basics of data mining and its importance to your business. With the science of data becoming a staple in our daily lives and business endeavors, many confusing terms can be thrown around without much explanation of their meaning. Although the term “machine learning” is often used when...
What is Data Mining? Data Mining isn’t a term most companies and individuals are unfamiliar with, however, there seems to be a bit of controversy around the term, its meaning, and the process itself. At its core, data mining is a way to explore and analyze data in large quantities to discover patterns and...
There is an incredible amount of data in the world. Data is an invaluable resource that is vital for every company and plays a role in every single aspect of doing business. From optimizing marketing campaigns to knowing how much inventory you should have on hand, data is what empowers businesses to make informed...
