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Harnessing the Power of Analytics For Direct-to-Consumer Businesses

Smart Data Collective

Data can feel like an inaccessible word for small businesses. You want to use business intelligence effectively, but you feel that you don’t have the resources at your disposal to do so. Risk assessment: Data can also help you understand the risks associated with specific decisions.

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How Novanta’s CIO mobilized its data-driven transformation

CIO Business Intelligence

On investing in capabilities: We’ve set up something called a BI Center of Excellence where we train and have workshops and seminars on a monthly basis that team members across Novanta can join to learn about how they could leverage data marts or data sources to build their own reporting. Here are some edited excerpts of that conversation.

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The art of selling: IT budget approval made easier

CIO Business Intelligence

Sitting in this selling seminar, my persuasive difficulties with the CEO and CFO became immediately apparent to me. There might be a need in Finance for more low-code and no-code tools to assist users with risk assessments, or a need in Field Operations to upgrade servers that fail daily and jeopardize their work. That is the sell.

IT 104
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Pace of Tech Demands a Smarter Learning Approach. Bring On Community-Driven Learning

CIO Business Intelligence

Some conduct ever more advanced offsite or onsite seminars and training – but these are costly, take time, and don’t adapt fast enough to incoming needs of the business and teams. Other companies try to jump-start knowledge by bringing in consultants, but this risks only temporarily plugging the gaps.

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Coaching IT pros for leadership roles

CIO Business Intelligence

It is a question of risk. Bringing in a leadership coach or encouraging your leaders to take courses or attend seminars on leadership can bring skills to the team you might not have the time or knowledge to convey. You’re the best manager out there.’ They have to have find comfort with the fact that they can fail.” Ivashin agrees.

IT 126
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CIO legend Chris Hjelm on developing future-ready IT leaders

CIO Business Intelligence

Hjelm also taught what he calls a “values-based leadership seminar” in each company where he worked. What are some of the key learnings and takeaways from the values-based leadership seminar you teach that could help this next generation? You have to get people to be critical thinkers, take risks, be innovators and to teach others.

IT 96
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Upskilling ramps up as gen AI forces enterprises to transform

CIO Business Intelligence

Generative AI systems carry a lot of risk for enterprises,” he says. There are risks around hallucinations, and the fact they’re black boxes in nature. And then there are the legal risks.” We want to educate our team members that there are risks to doing this,” he says.