Articles

Using business analytics to improve performance results

I have often loudly advocated that enterprise performance management and corporate performance management is the integration of dozens of methods, like strategy maps, key performance indicator (KPI) scorecards, customer profitability analysis, risk management and process improvement.

But I have insisted that each method requires imbedded analytics of all flavors, and especially predictive analytics is needed. Predictive analytics anticipate the future with reduced uncertainty to enable being proactive with decisions and not being reactive after the fact, when it may be too late.

Source: information-management.com
Author: Gary Cokins

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