Remove Balance Sheet Remove Data Remove Operations Remove Sales
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Overcoming Data Collection Challenges in Consulting

Tom Spencer

I was assigned to a typical strategy engagement – should client X selling product Y increase sales in market Z? Our hypothesis was that increased sales volume would be associated with increased profitability due to economies of scale. Our analysis was impossible without extensive internal data and financial statements.

Data 78
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How Business Intelligence Aids Business Decision Making

Tom Spencer

Business intelligence aids companies by collecting the unstructured raw data from their transactions and transforming it into information which enables the company to be active instead of reactive. Consider a company operating in the retail industry, which has a large assortment of different products in its inventory and a dozen stores.

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Boosting Business Profitability

Business Consulting Agency

This includes scrutinizing income statements, balance sheets, and cash flow statements. By identifying financial inefficiencies and opportunities for improvement, consultants help businesses create data-driven financial plans. Sales and Marketing Optimization Sales and marketing are pivotal to revenue generation.

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Unlocking Business Profit Potential

Business Consulting Agency

Review income statements, balance sheets, and cash flow to identify areas that impact profitability. It might involve cost reduction, pricing optimization, revenue growth, or operational efficiency. This might involve optimizing supply chains, renegotiating contracts, or streamlining operations.

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Your Company Needs a More-Radical Board of Directors

Harvard Business

My guess is that while a poor balance sheet might cause restless sleep, it’s the thought of an incorrectly reported balance sheet that brings on night terrors. Most boards would benefit from richer data sets that compare their company to others. It’s not surprising.

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How the Great Recession Changed Banking

Harvard Business

That strengthened investment banks’ balance sheets by forcing them to scale back and to change the nature of the risks they take. As a result, their balance sheets are half as large on a risk-adjusted basis, and the capital they hold against trading positions has doubled over the past decade, our research shows.

Banking 28
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What the Companies That Predict the Future Do Differently

Harvard Business

Using analytics, organizations have deployed bigger data sets, cheaper cloud computing power, and more aggressive algorithms to successfully standardize previously non-standard processes such as sales and service, making them more repeatable, predictable, and amenable to analytics.

Company 28