Vision 360: information to decide
Posted: Wed Jan 22, 2025 5:29 am
More and more companies are turning to data management to achieve a 360-degree view of their businesses and become a data-driven company. Learn how to achieve this.
Poor or incomplete data affects a company's productivity, growth potential, customer loyalty, and employee loyalty. This is why more and more companies are turning to data management to achieve a 360-degree view of their businesses. In this article, we will analyze the benefits of proper analysis and internal management of all information .
How to get a 360ยบ view of the business to achieve strategic objectives
Working on the basis of big data or being a data-driven company are similar but different concepts, or rather, complementary. We know the importance of having real-time information zalo database tools; but now it is time for the entire company, and not just the IT area, to get involved in the change.
Every day, companies make decisions based on assumptions, partial experiences, expert opinions... and they do not consider that business success lies in intelligent decisions, that is, in the analytical advantages of data.
The information generated by customers, prospects , suppliers and the entire community linked to the company is what allows us to have a global vision of the business in order to act accordingly.
Furthermore, faced with each change in context, companies often design their own strategy to stay afloat. However, today, when change is constant, the focus of every company (no matter its size) must be on the key factors that allow it to manage a competitive business: data!
If your company has already taken the step and incorporated big data, it will surely have begun to incorporate reports on the data it stores (the famous data warehousing). This is a first and fundamental step in the conversion that companies must make to develop their own business intelligence (BI) focused on achieving maximum use of the capabilities and potential of this data integration.
Data management leaders are now the stars of the team, because what was once questioned due to ignorance has now gained an important place due to its proven competitive advantage: investment in data is the key to growth.
However, despite the evolution, how do we eradicate the uncertainty that comes with working with data?
You may be interested in reading:
How to be a truly customer-centric company with data management
Where to start
One of the ways to approach the implementation of a data-driven organization is to know the type of data governance that the company needs. And that requires a clear definition of what the company needs, its medium- and long-term objectives, and the information governance that it will implement internally. Once this is defined, it will be in a position to work with an internal data culture that reflects its priorities and adapts to its timeframe and management method.
Being a data-driven company means, in short, having a plan that guides us in every step: what information we have to decide, when, where and what purpose that data network serves.
Poor or incomplete data affects a company's productivity, growth potential, customer loyalty, and employee loyalty. This is why more and more companies are turning to data management to achieve a 360-degree view of their businesses. In this article, we will analyze the benefits of proper analysis and internal management of all information .
How to get a 360ยบ view of the business to achieve strategic objectives
Working on the basis of big data or being a data-driven company are similar but different concepts, or rather, complementary. We know the importance of having real-time information zalo database tools; but now it is time for the entire company, and not just the IT area, to get involved in the change.
Every day, companies make decisions based on assumptions, partial experiences, expert opinions... and they do not consider that business success lies in intelligent decisions, that is, in the analytical advantages of data.
The information generated by customers, prospects , suppliers and the entire community linked to the company is what allows us to have a global vision of the business in order to act accordingly.
Furthermore, faced with each change in context, companies often design their own strategy to stay afloat. However, today, when change is constant, the focus of every company (no matter its size) must be on the key factors that allow it to manage a competitive business: data!
If your company has already taken the step and incorporated big data, it will surely have begun to incorporate reports on the data it stores (the famous data warehousing). This is a first and fundamental step in the conversion that companies must make to develop their own business intelligence (BI) focused on achieving maximum use of the capabilities and potential of this data integration.
Data management leaders are now the stars of the team, because what was once questioned due to ignorance has now gained an important place due to its proven competitive advantage: investment in data is the key to growth.
However, despite the evolution, how do we eradicate the uncertainty that comes with working with data?
You may be interested in reading:
How to be a truly customer-centric company with data management
Where to start
One of the ways to approach the implementation of a data-driven organization is to know the type of data governance that the company needs. And that requires a clear definition of what the company needs, its medium- and long-term objectives, and the information governance that it will implement internally. Once this is defined, it will be in a position to work with an internal data culture that reflects its priorities and adapts to its timeframe and management method.
Being a data-driven company means, in short, having a plan that guides us in every step: what information we have to decide, when, where and what purpose that data network serves.