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SigmaWay Blog

SigmaWay Blog tries to aggregate original and third party content for the site users. It caters to articles on Process Improvement, Lean Six Sigma, Analytics, Market Intelligence, Training ,IT Services and industries which SigmaWay caters to

Is Business Intelligence for small business too?

Today companies have vast amounts of informations available to carry business moves. The General Mills and IBMs of the world now are using complicated-and expensive-Business Intelligence (BI) systems that can combine data together from a multiple operating systems and generate best reports that highlight not only what has occured and what is happening, but also what will probably happen. Can Small Business Benefit From Business Intelligence Software?

• It can help a small business compete with larger competitors or enhance market share.

• Vendors are getting experienced at making software that’s affordable.

• BI vendors are starting to educate a younger crowd. 

• The cloud now puts non-IT users in the driver’s seat. 

• Before investing in BI tools, one must know what answers they are looking for.

• Forget about using BI software if one don’t have access to best operational data.

• BI is increasingly going mobile. 

 Read more at:

http://www.inc.com/articles/201109/business-intelligence-software-for-small-business.html

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Create collaborations for sustainability

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Big business is asked to solve social and environmental evils. As a result, a rising number of important companies are accepting the confront of sustainability gravely, not only to diminish their environmental footstep and reinforce their reputations but also to progress operations and financial performance. Many ecosystem challenges cross limitations and need changes beyond the capability of person companies or even of an manufacturing. In these cases, the best loom for commerce can be to associate up-with governments, shareholders, local society, nongovernmental organizations (NGOs). Such partnerships often go through good, bad, and sometimes unattractive.The Marine Stewardship Council (MSC), a company that sets principles for the fishing industry, move violently in its initial few time with high staff proceeds and unstable support. To understand how to make these collaborations work, Mckinsey had meeting  with many business, administration, and NGO leaders . Read more at:

http://www.mckinsey.com/insights/sustainability/creating_partnerships_for_sustainability

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