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Data-Driven, Insights-Driven, and Value-Driven Models explained: Harnessing the Power of Data
In today's data-rich world, organizations are increasingly recognizing the immense potential of leveraging data as a strategic asset - many are calling it the new "gold standard" or "new oil. The unprecedented value creation opportunities that data can unlock have...
Strategic Planning for SMEs: Guide on how to get started as Small and Medium-Sized Enterprise
For small and medium-sized enterprises (SMEs), strategic planning can often be overlooked in day-to-day business. Yet it is a crucial element for success: research shows that companies with good strategic planning perform better than those without. Strategic planning...
The importance of strategic planning in business
Businesses today face various challenges, from inflation, to a recession, COVID, or political turmoils, that require good strategic planning and sometimes innovative solutions to stay competitive. Strategic planning is a process used by organizations to identify their...
30+ Benefits of Data-Driven Decision-Making in Business
Today, many businesses are stuck with the same problem: They need to make informed decisions without enough information or data. Whether deciding which products to buy for their store, which optimizations they need, or anything else, guessing can lead them to make bad...
12 Use Case Examples for Data-Driven Consulting
Data-driven consulting has become a powerful tool for companies to gain insights into customer behavior, market trends, and operational efficiencies. By harnessing the power of data analytics and evaluation, companies can make more informed decisions that lead to...
Competitive Intelligence (CI) explained
The business world is evolving and highly competitive. We can all agree on this. So it becomes crucial to have solid competitive intelligence capabilities. Having the right data on your market and competitors is key to gain and maintain a strategic advantage....
Digital business model landscape: 11 key models and strategies explained.
The digital age has spawned new and innovative business models that leverage technology to create value in unique ways. Companies today have a variety of digital models to choose from, each with its own benefits and best use cases. Understanding the key models is key...
Best Practices for Strategic Planning
Strategic planning is an essential part of the success of any business. Unfortunately, many businesses do not take the time to plan their strategies properly, which can lead to costly mistakes and missed opportunities. The right strategic plan can help a business...
Data-Driven Employer Branding: Benefits and Implementation
The ideal foundation for business-relevant decisions is data - and so is also data important for employer branding. Data can be used to support employer branding and attract and retain talent - because deciding what to communicate, how to communicate, and where to...
Insights Driven Organizations (IDO) explained
In today's highly dynamic, global, and exopnentially changing business world through technology, organizations must find ways to innovate quickly, adapt to market changes, and make smart strategic decisions. It is no longer enough to simply rely on intuition, past...
What is Strategic Planning? – Explanation, Process and Data-Driven Strategic Planning
Learn everything you need to know about strategic planning, including what it is, how it’s done, the benefits of data-driven decision making, and more.
What is Business Analytics (BA)? Definitions, Use Cases, and More
Business analytics tools help you understand how your business is performing. This article will give you an understanding of how it works and how to start.