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Using Analytics to Overcome Seven Limiting Beliefs That Prevent Profits

In my advisory role as a profit expert for industry executives, I’ve noticed certain tightly-held beliefs that prevent leaders from seizing obvious opportunities that could take their companies to record levels of profit and cash-flow.

An often-overlooked benefit of analytics is that they directly refute these beliefs, freeing executives to innovate and lead their companies into the future. Long-tenured leaders are frequently captives of their company history, where long-standing practices seem “normal” and “right”, and company inertia guarantees slow decline in profits as annual pay increases eat into a near-static market share.

Source: information-management.com
Author: Randy Maclean

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