Note: Running most Fridays in FromGregsHead.com, is a continuing series of tips brought to you by Greg Price. These run Saturday mornings during the BusinessMaker’s Radio Show on KPRC 950AM. Audio files can be found on the Entrepreneur’s Playbook page of the PKF Texas website.
In today’s highly competitive business environment, companies must achieve alignment, integration, and optimization of its people, processes, and technologies to remain competitive. Although competitive strategies are increasingly based on business data analytics, extracting insight from large volumes of information presents a growing challenge.
One of the most critical organizational challenges is to align performance management objectives with strategic goals. Providing integrated business intelligence (BI) tools that are available to your employees at all levels is crucial in an increasingly knowledge-driven economy.
How well your people work together to make decisions is a key element in determining your business success. Your people are your key differentiators in the marketplace. Giving them the right tools to make the right decisions at the right time is a great way to drive business performance.