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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? However, we struggled to calculate profitability over time, as the client had multiple kinds of products and used various procurement methods. When we asked the client to provide the needed data, they ghosted us.

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Fed Balance Sheet vs. Stock Market; Will QE Cause Inflation?

MishTalk

Fed Balance Sheet vs. Stock Market; Will QE Cause Inflation? Fed Balance Sheet vs. Stock Market. The risk premiums of risky securities have become unsustainably compressed in the process, and the Feds balance sheet has metastasized to $3.5 Trading Psychology Weblog. Trim Tabs - Bidermans Daily Edge.

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Unemployed Agilists: How to Show Your Value to Support What Managers Want, Part 1

Johanna Rothman

And when the customers refer others to the product and the company, that customer value increases even more. All of this is about revenue, the top line in the balance sheet. Managing expenses means reducing the costs of supplying products and services to customers. However gross revenue is never enough.

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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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Customer intent is a treasure trove of actionable data hiding in plain sight

1 to 1

According to IDC analysts, businesses were estimated to have spent $215 billion in 2021 on big data and business analytics solutions, a 10% increase over 2020. At the same time, data models for understanding customer intent and other insights are not infallible; even data-driven companies are a constant work in progress.

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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. This includes product positioning, pricing strategies, and market entry plans.

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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. Market Expansion : Explore opportunities for market expansion, whether it’s entering new geographical areas, offering complementary products, or diversifying your service offerings.