Building Future through Business Intelligence Tools

 

Business-Intelligence

How can organizations encourage more effective use of BI tools?

Business Intelligence (BI) Tools plays a vital role for the success of every organization. In this competitive world at present, a business entity would be left behind without the reliance on BI Tools since it transforms raw data into meaningful and useful information for the purpose of business analysis. BI is most effective if the data comes from the combination of both the external (market in which a company operates) and internal (operations and financial data) environment because it provides a more complete picture.

The usage of BI tools has been a part of daily operations. It is a must for the management to make the best possible decisions because a single wrong move can either make or break the whole organization. Thus, it is important to inform all the employees about the effectiveness of the BI tools inside the organization. Through employees’ awareness about the BI tools, it can help them understand the benefits of it to the whole organization. Also, employees should know what is expected of them so they are motivated to use BI tools effectively. Encourage training and development among the employees. Provide them with opportunities and a venue where they could personally develop critical thinking needed for innovation and good decision making. It is essential to create a working atmosphere that enables opportunities to grow and developed.Management should provide continuous training to their employees so to keep them motivated and lessen turnover.

Moreover, another way of encouraging the effective use of BI tools is by developing shared culture where people value information. Everyone should value information the same way they value the entire organization. They should develop shared common culture so they can be able to work together for the goal of the company. Furthermore, Reward System is also vital to recognize those who have shared on the effective use of BI.  A reward-based system is essential so that there will be a proper basis of rewards and promotions and it will produce an outcome of happy delighted employees.

It is highly essential that in using Business Intelligence tools, it must create a positive experience or something rewarding and should not be punitive. Anyway, your employees are all professionals. They are more inclined to work with a rewarding atmosphere rather than being imposed on them. They should first realize the value of it to the organization so they may feel that it is essential for them to use it. On the other hand, if the usage of BI tools is a punitive program, it may result to something unrewarding like employees will feel you have tight control over them. Let them explore and realize the true value of BI tools inside the organization and they, themselves will totally imposed the usage of it.

I believe that in using BI applications, it will yield to a positive and highly productive outcome. Hence, employees who use BI tools are likely to exhibit good job performance since they can accurately predict outcomes, make good real-time decisions and create a good impression. Thus, it will be fair enough to pay raises based on their job performance. Thus, it creates a rewarding atmosphere inside the organization but also discretely imposing a punitive program.

 

 

Source:

February 11,2014. Empowering the use of Business Intelligence Tools

Retrieved from https://misflomombay.wordpress.com/2014/02/11/empowering-the-use-of-business-intelligence-tools/

 

 

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“Let Your Fingertips Do The Work”

Shopping can be considered as one of the most relaxing task in the world. It is an activity in which a customer browses the available goods or services presented by one or more retailers with the intent to purchase a suitable selection of them. It is some sort of stress reliever for many where it can develop your analytical thinking ability in selecting the best products and services offered suited for your taste while having that excitement of carefully choosing the perfect fit for you.

Let’s all thank the genius minds who have brought us the shopping center at our home instead of going to malls. In modern days, consumer focus is transferred towards online shopping. This is the reason why online stores are booming business today. Online shopping stores like Lazada, Zalora, Armani Exchange, E-bay, Amazon and etc. has been delivering any kind of goods for several years now at the doorstep of every online shopper.

Online shopping can save both consumer’s time and fuel by just simply browsing over the internet and selecting items they wanted to purchase. It can also save energy; you don’t need to hop from one store to the other because as a consumer we tend to compare prices. Thus, from the site itself, we can be able to decide what products to choose and which brand is cheaper than the other. Also, consumers can be able to shop 24/7, anytime of the day and during at night, no closing time. Lastly, consumers can avoid waiting in long lines. Your chosen products will be added to your cart and it will be delivered outside your doorsteps after several days.

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However, unlike buying at retail stores, you are not able to see the actual product itself and it might cause you inconvenience because the product delivered might be different from what you have expected. Online stores are only showing product description and photos of the merchandise, which can be a disadvantage for many online shoppers. Online shopping requires patience to wait for the item to arrive at your doorstep about 2 to 3 days or even longer depending on the location you’ve ordered it from.

I am also an online shopper! And through online surfing on Instagram, I was able to purchase lipstick, Tee shirts and other fashion apparels which I had no any hesitation in buying. These items are not that expensive and some are not available here in the city. On the other hand, I have second thoughts of buying gadgets, since I want to see the actual features and first hand contact with the product before buying it, beauty products (like whitening cream and soaps) because I need to make sure the product safety, if the product exhibits no side effects and also some shoes online because I’m afraid that it won’t fit. Furthermore, I don’t consider buying foods, medicines and jewelries online because these are highly sensitive items and expensive ones too.

Online Shopping is in! More convenient, more exciting and no sweat! Just let your fingertips do the work!
Reference: https://en.wikipedia.org/wiki/Shopping

“WWW.Wild Wireless World”

  
What will the world look like if our cellphones, laptops, iPad, tablets and other gadgets you can think of are connected through a cable wire? Anywhere you go, that long cable will always be attached to your gadget for you to be able to send emails, text messages, pictures, music, and a lot more data and information. It’s quite hassle and annoying, right? If you’re too attached to typewriters like my mom, can you imagine bringing one everywhere you go just to type reports because your boss needs it immediately? 
Human beings will always promote constant innovation and uplift everyone’s well-being. Through the years of research and product development, life has been a lot easier and convenient due to advent of the so-called wireless network technologies. A wireless network is any type of computer network that uses wireless data connections for connecting network nodes. At present, almost everything you see is wireless. One click and one touch, information is sent in a jiffy; less stress, less hassle, at a minimum cost and at a faster speed as possible. Examples of wireless networks are your cell phone networks, Wi-fi local networks and terrestrial microwave networks. 

Wireless network technologies create an opportunity to communicate effectively within and outside of the organization, produce quality output and sell good services efficiently to consumers and people’s lives have been a lot easier as before. Through these technologies, you can conveniently type, search, email, socialize to your colleague, friends, acquaintances and even your bosses. 
Various advantages of wireless networks have brought significant changes to the lives of every individual. Make sure that these technologies are well taken care of, for it to continue doing its purpose. Wireless networks are convenient but are inherently insecure. Therefore, we, as users, must exercise caution in connecting wirelessly. We should also be cautious in connecting to private networks because your information might be compromised. I was a victim of this scenario before but luckily, I was able to retrieve my FB account. Furthermore, in our little own ways like never saving our passwords on browser and like always checking the URL of any website we visit that involves personal information will make us a responsible wireless network technology user. 

IT Security Outsourcing: Thumbs Up or Thumbs Down 

         Information technology outsourcing or ITO is a company’s outsourcing of computer or Internet related work, such as programming, to other companies. It is used in reference to business process outsourcing or BPO, which is the outsourcing of the work that does not require much of technical skills.  

 

         Many organizations at present are highly dependent and reliant to outsourcing firms since they cannot handle all aspects of a business process internally. Service providers can offer quality goods and services that a particular organization can’t provide or equate to. Through outsourcing, cheaper labor is highly available without compromising the quality of output and also they have that innate expertise in handling operations and transactions that are highly crucial to the company’s success.

        Meanwhile, security issues are very alarming at present. Every company should be aware of the risk involved in outsourcing IT security. These include, risk of exposing confidential data and synchronizing the deliverables. There are certain aspects of the business processes that must not be handled by the outsourcer such as IT security particularly in the banking industry. Highly confidential data might be compromised and that will result to decrease client transactions, increase client complaints, filed charges against the perpetrators and eventually losses. On the other hand, outsourcing IT security in other businesses can greatly help their operations by way of creating systems and procedures to become efficient and effective in delivering goods and services to customers. 
Moreover, if there’s a need to outsource, IT security outsourcer must handle only operations that have minimal risk involved inside the organizations like online advertising, marketing promotions and handling other technical operations. 

       Highly sensitive information must only be disseminated inside the organization. Outsourcing IT security depends on what level are you at and how IT is needed inside the organization. Risks are always involved in every step of the way but the responsibility lies on the shoulder of the top level management whether to outsource or not.