Benefits of predictive analytics and forecasting

Mar 25, 2013

Benefits of predictive analytics and forecasting Betsy says: These days you can forget the five-year planning cycle. The business world and the competitive landscape change every day, and you’re lucky if you can predict what will happen next week, much … Continued

Bring Business Forecasting Out of the Basement and Shed Some Light on Predictive Analysis

Mar 15, 2013

Bring Business Forecasting Out of the Basement and Shed Some Light on Predictive Analysis Ever visit the offices of the analytical team that does your business forecasting? In the old days, you took the elevator to the bottom floor and … Continued

My Friend Stan Uses ‘What If” Analysis to Stop Guessing and Start Achieving!

Feb 15, 2013

My Friend Stan Uses ‘What If” Analysis to Stop Guessing and Start Achieving! Thanks to my colleagues for letting me use their BI problems as lessons. Here’s another lesson for my readers. My friend, Stan is CFO for a consumer … Continued

What If/Sensitivity Analysis

Feb 10, 2013

What If/Sensitivity Analysis Betsy says: My colleague, Stan got tired of playing guessing games and gambling his CFO career in the process. He asked a wise friend (me) what he should do and I recommended that he get himself a … Continued

With Cross-Tab OLAP Analytics, I’m (Almost) the Queen of the World!

Oct 15, 2012

With Cross-Tab OLAP Analytics, I’m (Almost) the Queen of the World! Last year I attended a business conference. You know the kind – they are designed to show you new ways to manage your business and to remind you that … Continued

A Balanced Scorecard Assures Your Team Will Win!

Aug 31, 2012

A Balanced Scorecard Assures Your Team Will Win! If you’re a baseball fan, you probably think a Balanced Scorecard is one that puts the best team on the field and combines great hitting with great pitching. If you’re an IT … Continued

Today’s BI Forecast: Clear Visibility

Jun 15, 2012

Today’s BI Forecast: Clear Visibility Have you noticed that meteorologists get the weather forecast wrong at least 50% of the time? In business, we do our own forecasting and, more times than not, we get it wrong. Businesses need forecasting … Continued

See the Future! Psychics vs. Accurate Business Forecasting and Trend Analysis

May 31, 2012

See the Future! Psychics vs. Accurate Business Forecasting and Trend Analysis Do you have a psychic on your staff? I didn’t think so. Most of us would find it hard to justify that kind of resource to our management team. … Continued

Are You Focused on the Rule or the Exception? Hint: Throw Away the Rule Book

May 15, 2012

Are You Focused on the Rule or the Exception? Hint: Throw Away the Rule Book In life, we usually focus on the rule, rather than the exception to the rule. ‘The rule’ is what will usually happen, and if we … Continued

BI Consulting for the Seasoned Skeptic!

Apr 30, 2012

BI Consulting for the Seasoned Skeptic! A healthy dose of skepticism never hurt a business pro! When it comes to BI consulting, skepticism shouldn’t keep you from hiring a BI consultant but it should dictate WHICH BI consultant you choose. … Continued

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