EduPristine is a leading Analytics Institute in India. Our aim is to help professionals and students meet the growing demand for talent in the field of analytics by providing industry-relevant training. Our course Business Analytics Course by Dun & Bradstreet which will help you to succeed in today’s highly analytical and data-driven economy.
https://www.edupristine.com/courses/business-analytics-course
Analytics Helps Quantify Company Values
Most businesses have a mission statement. Most companies teach new hires and retrain long-term employees on the fundamental values that drive the company to success. What many companies fail to do, however, is quantify these values.
With business analytics, companies can measure how these values translate into numbers. By using quantifiable numbers, broad value and mission statements can be quantified too, rather than just left to interpretation. Companies can use data to focus on operating with processes that keep in line with company values.
For example, a business might identify what its measures of return look like, both tangible returns (such as profits) and intangible returns (such as giving back to the community). These can then be quantified to clearly define expectations for employees. This should improve processes because everyone will be working toward the same clear goal. (Learn more in Can Big Data Analytics Close the Business Intelligence Gap?)
https://www.edupristine.com/
5 Benefits of doing Business Analytics course with Edupristine?
https://www.edupristine.com/courses/business-analytics-course
Analytics Helps Quantify Company Values
Most businesses have a mission statement. Most companies teach new hires and retrain long-term employees on the fundamental values that drive the company to success. What many companies fail to do, however, is quantify these values.
With business analytics, companies can measure how these values translate into numbers. By using quantifiable numbers, broad value and mission statements can be quantified too, rather than just left to interpretation. Companies can use data to focus on operating with processes that keep in line with company values.
For example, a business might identify what its measures of return look like, both tangible returns (such as profits) and intangible returns (such as giving back to the community). These can then be quantified to clearly define expectations for employees. This should improve processes because everyone will be working toward the same clear goal. (Learn more in Can Big Data Analytics Close the Business Intelligence Gap?)
https://www.edupristine.com/