Data is the new currency in the digital economy. Businesses that are able to leverage data could create winning products and services, expedite their delivery, and optimize operations to leave competition in the dust. Recognizing that data is a strategic asset, businesses are in a race to uncover insights embedded… [More]
Where is the Record of Truth?
Does Your Organizational Culture Support Your Transformation Ambition?
A recent conversation with a business owner reiterates the importance of closing the culture gap that impedes progress on business transformation. The business owner set an ambitious agenda to implement more technologies to streamline operations. The transformation journey was met with hurdles. Two years later, new applications are in place… [More]
How to Build a Data-driven Culture
How to Make Your Data Useful
Data contextualization is a term used to describe putting data in a context that is meaningful for the user. When the presented data is meaningful, users can draw insight quickly for decision-making. The massive volume of data captured in business systems offers a vault of business intelligence. However, more data… [More]
Stakeholder Input and Digital Transformation Success
With global spend on digital transformation predicted to reach $2.8 trillion by 2025, many businesses have allocated significant budget to technology investments for the coming years. Expectations are high. Digital transformation is more than a technology initiative. To achieve the anticipated return on investment, you need to identify clearly the… [More]
Mindset Shifts for a Robust Operation
Global supply chain issues have generated ripple effects from widespread shortages of raw materials and products. Escalating wages have businesses competing for talent. The hybrid work model changes operating processes. Technology advances quickly but the workforce might not be prepared for it. Businesses need to adapt swiftly and become… [More]
How to Build Operational Agility Without Chaos
With the business environment constantly evolving, it is critical for a business to be agile and adapt quickly. Agility is the ability to be flexible in responding to change. This flexibility comes with a level of autonomy so people can make decisions without delays. Operations are governed by processes and… [More]
Are You Making Good Use of Your SOP?
The standard operating procedure (SOP) is a document that details the steps, precautions, and rules related to a routine operation. It serves to provide all the information needed for someone to do the work. Ideally, the SOP eliminates the need to chase after individuals for answers when questions arise. During… [More]
5 Reasons Why You Need to Make a Leap from Excel
When we need to record expenses, prepare budgets, chart data and crunch numbers, Excel naturally comes to mind. Since its launch in 1985 by Microsoft, it has morphed into a de facto tool for a variety of tasks. This versatile spreadsheet is used for forms, checklists, record keeping, data analysis,… [More]
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