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Category: Business

Improving Business Performance Through Effective Utilization of Data Analytics

Improving Business Performance Through Effective Utilization of Data Analytics

 

A robust system in which data is collected and analyzed has always been critical for businesses across all industries, and the importance of efficient and effective data analysis has only continued to take on an increasingly critical role with recent technological advances. Data analytics can be utilized to guide a wide range of business decisions and to ensure peak operational performance on a consistent basis, yet many companies are not taking full advantage of the many advanced systems that are currently available.

A simple shift to a software proposal template represents an ideal example in which a company can simultaneously improve the effectiveness and efficiency of its approach while also collecting valuable data analytics. This applies to sales proposals outside of software development as well, particularly since there are many proposal templates available. The key is to utilize a template in conjunction with a comprehensive platform that also provides the valuable data analytics every business should be constantly seeking.

It’s clear that a lean operational approach is a key factor to ensuring a company’s long-term viability, with many in the business world developing an endless array of strategies to increase efficiency throughout every aspect of operations. This includes green building practices aimed at enhancing energy efficiency as well as sales proposal strategies designed to streamline communication while also collecting essential data. Without a commitment to these lean and efficient business practices, a company places itself at risk of damaging its long-term viability

Behrman Communications Discusses Collaborative Business Strategies

Behrman Communications Discusses Collaborative Business Strategies

Teliris_VL_ModularI’ve always been fond of the phrase “a rising tide lifts all ships,” and, in my view at least, the message is clear that a deliberate focus on collaboration is simply good for businesses in any industry. According to longtime PR professional Nancy Behrman of Behrman Communications, one of the most effective strategies available to those in management or other leadership positions is to continually encourage and foster collaboration whenever possible.

Of course, there are instances in which it is appropriate to make any number of exceptions, but the overwhelming majority of creative professionals are very likely to agree that some level of collaboration is always of significant benefit in terms of the end result that is possible. This does not mean that a PR professional should spend the entirety of their day running every idea by a colleague for additional insight, but there are certain types of creative responsibilities in which putting together a team of thoughtful professionals to work together will almost always yield a greater outcome than putting the task in the hands of a single individual.

Some professionals advocate an approach in which team members can work on a task or project on an individual basis before bringing the concept or idea they have developed to others for the purpose of collaboration. In my opinion — an opinion I believe would be shared by the experienced and knowledgeable professionals at Behrman Communications — tailoring the collaborative strategies used by a business according to the individual skills of team members is just as important as utilizing collaborative strategies in the first place.