Aligning Strategic Decisions across all Phases of a Product’s Life Cycle
Expanding the Profit Frontier
For businesses seeking to improve profits, the low-hanging fruit is obvious. Cut costs, improve sales performance, optimize the supply chain. But after that, is everything else out of reach? In challenging economic times, you can’t afford to draw such conclusions.
Content: Article | Authors: Paul Schroder, Sean Ryan, Steve Mehltretter | Source: Kearney | Subjects: Management, Strategy
Steve Mehltretter, Sean Ryan, Paul Schroder
Effective business intelligence relies on visibility and “actionability.” You need to be able to see information (the right information), and that information needs to lead to insights you can act on. It’s not enough to know whether a customer or product is profitable—you need to know why. Getting to the multiple dimensions of why requires business intelligence at the level of individual transactions and a … [ Read more ]
Content: Quotation | Authors: Paul Schroder, Sean Ryan, Steve Mehltretter | Source: Kearney | Subject: Management