Download PDF by Piyanka Jain, Puneet Sharma: Behind Every Good Decision: How Anyone Can Use Business

By Piyanka Jain, Puneet Sharma

There's a high priced false impression in enterprise today—that the single facts that issues is gigantic information, and that advanced instruments and information scientists are required to extract any useful details. not anything may be farther from the truth.

In in the back of each strong selection, authors and analytics specialists Piyanka Jain and Puneet Sharma exhibit how execs at any point can take the data at their disposal and leverage it to make greater judgements. The authors’ streamlined body paintings demystifies the method of industrial analytics and is helping someone circulate from information to judgements in precisely 5 steps…using simply Excel as a device. Readers will find out how to:

• make clear the company query
• Lay out a hypothesis-driven plan
• Pull suitable information
• Convert it to insights
• Make judgements that make an impact

Packed with examples and routines, this refreshingly available ebook explains the 4 basic analytic suggestions which may support remedy a shocking eighty% of all enterprise difficulties. company analytics isn’t rocket science—it’s an easy problem-solving software which can aid businesses raise profit, reduce charges, increase items, and pleasure shoppers. And who doesn’t are looking to do this?

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Additional resources for Behind Every Good Decision: How Anyone Can Use Business Analytics to Turn Data Into Profitable Insight

Sample text

As a result, two models have been developed to explain the subject. These are shown in the opening diagram to this part of the book (see p1). In exploring corporate strategy, it is useful to begin by examining why it is important and what it contains. A useful distinction can also be drawn between its process, content and context. The two main routes are then examined and the key question explored – what makes ‘good’ strategy? 1. 1 Apple’s profitable but risky strategy When Apple’s Chief Executive – Steven Jobs – launched the Apple iPod in 2001, he made a significant shift in the company’s strategy from the relatively safe market of innovative, premium-priced computers into the highly competitive market of consumer electronics.

How does the theory of corporate strategy relate to corporate practice? qxd 10/11/2005 08:36 Page 1 This part of the book introduces the concept of corporate strategy. Chapter 1 outlines the main elements of the subject and explains its importance and its role in delivering the purpose of the organisation. The two main approaches to the process of corporate strategy are outlined and explored. Chapter 2 gives a fuller review of how corporate strategy has evolved and discusses in greater depth the two main approaches in its development.

Indeed, IBM was rather proud of establishing the global benchmark in what was a small specialist market sector, as well as holding the lead in the much larger mainframe market. IBM finally launched its first PC in 1981 without tying either Intel or Microsoft exclusively to itself. The new PC cost US$3,000 and, by today’s standards, was very small. Although the claim ‘IBM-compatible’ quickly became a common standard for most PCs, except Apple, these developments had two consequences for IBM: abilities and resources.

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