If you’re already making business decisions based on the data and analytics you’re collecting, that’s great. But how trustworthy is that information? Ask yourself, how was that data collected in the first place? If the data was put in manually by your employees, you have to admit there could be some level of human error. All it takes is one typo, and your data no longer serves you. Mistakes do happen, even with the best employees. These mistakes can be costly to your business. Depending on your business, these mistakes could be disastrous. Power BI is the tool companies use
Is anyone even listening to you? When you’re talking to your team, do you have their attention, or are they working on other things or staring at their phone? Maybe they’re already ahead of you, reading the screen and mentally on to other points before you even get there. 65% of the population are visual learners, but we are still presenting data in numbers and rows. This is where data visualization comes in. Think charts, graphs, or even infographics. It’s a way for teams to see patterns in data quickly. These tools can help you tell your customer’s stories, understand
Many companies never touch the majority of the data they collect because it’s locked up deep in their Enterprise Resource Planning Data (ERP). ERP is software your organization can use to manage its day-to-day business activities. These activities include accounting, project management, compliance, procurement, risk management, and supply chain operations. Your ERP can track activities that naturally occur in your business. This software can coordinate the flow between all these activities with the data it collects, often in real-time. Most companies’ ERP collects information that can increase productivity, cut costs, and identify bottlenecks, and they are not utilizing it. Join
How would you like to decrease the amount of money your organization spends? Or what about increasing productivity while having happy employees at the same time? It’s all possible if your organization is structured in a way that allows it to adapt to change. These days, most employees are experiencing burnout. Meanwhile, the power of technology to allow a business to grow is increasing every day. Unfortunately, this is causing an acceleration gap, meaning the difference between the pace of technology and the ability of companies to keep up is getting farther and farther apart. This is why it is
Effective organizational decision-making is reacting to what’s currently happening in your business utilizing data analytics. For clarity, data analytics refers to modifying raw data into a usable format. But, as any business leader can attest, having easily accessible, insightful data from disparate sources often seems like a pipe dream. James Bradshaw of Ernst & Young states, “To be truly successful, organizational leadership must agree that data is an asset worth investing in. From the boardroom to the C-suite, this focus on data and analytics driving decision making is crucial.” So, how do you untangle your data into the meaningful information
As we move towards the holiday season, let’s review what the Power BI team has been up to over the summer and early fall of 2021.
First Quantum Minerals Ltd. (TSX:FM) is a global copper company that operates long life mines in several countries and employs approximately 20,000 people world-wide. First Quantum has an effective 90% ownership of Cobre Panama.