Data is like oxygen for a business. To make better decisions, businesses need data to eliminate unfavourable options and affirm their choices. Unfortunately, data is abundant but it doesn’t imply quality. In many businesses, data are captured in multiple systems. One system might assign a customer number as a unique… [More]
The Pantheon in Rome is an ancient structure that displays architectural and engineering excellence. The circular dome consumed over 4,500 metric tons of concrete. The base of the dome is over 20 feet deep, tapering to just under 4 feet to the top around the centre oculus. It is the… [More]
Investment in agriculture technology development has increased fivefold over the course of three years. According to AgFunder, a marketplace for companies to raise funds, $2.7 billion have been invested in 2015. However, the adoption has been slow. This is due to a several reasons. First, the new technologies don’t work… [More]
I attended a meeting where the focus of the discussion was on performance measurement for a financial reporting team. The objective was to determine one service result that the team would be measured on. As there is a schedule for the distribution of the monthly report, timeliness was top-of-mind. At… [More]
There are different solutions to tackle a problem. A complex solution is not necessarily a better one. Look out for these 5 myths.
In the fast changing business environment, speed has become a key competitive advantage. Many companies seek to outsource work that others can deliver in a complementary manner. It is a strategic decision. Companies can garner abundant benefits when it is done well. There are 10 things to consider for determining… [More]
Dealing with uncertainties could be nerve-wracking. There are 3 techniques you could use.
Dining in a Michelin star restaurant is a memorable experience. The chef showcases his fine culinary expertise with creative use of quality ingredients and immaculate presentation. On top of that, the attentive service and the ambiance deliver an extraordinary evening. That fabulous experience becomes a frame of reference for comparing… [More]
A black stain on a patterned shirt might not be noticeable. The same stain on a white shirt would be an eyesore. Your focal point changes when you look at things in different contexts and perspectives. For the same token, a proper resolution of a business issue requires a clear… [More]
Interdependencies add complexity to decision-making. Oversight on their cross impacts could cause major setback to the outcomes. The following is a list of questions that need to be addressed. 1. Linkages What is the relationship between the projects under consideration? Have you identified the specifics, the what, when, why, and… [More]
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