Business Intelligence is mainly a question of gathering your data, and produce economic and business benefits from that data. So basically it is all about converting data into information and knowledge creation. Then the next process is giving that information to the people in the right place at the right time and in the right information format. By doing this, decisions can be properly made for company to get benefit from it. (more…)

I love getting paid for doing my business. It is and it isn’t about the money. The check gives me that feeling - WOW - I love this business but it’s really about what the money can do for you.

That’s why the first thing to make sure is that your supplier is going to pay and that their checks will cash. How can you do that - well nobody can guarantee anything — a clear track record that you can check on is important (check out my thoughts on Supplier requirements). (more…)

A strategy is a plan of action specifically designed to achieve a predetermined goal. Business strategy requires an executive approach to defining and solving the marketing, design, production, and financial problems that may prevent you from achieving your goal. However, creating your basic strategies may not require a time-consuming and arduous process, just as communicating your strategy does not require writing a very lengthy and complex. (more…)