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The steep cost of a poor data management strategy

CIO Business Intelligence

Such is the case with a data management strategy. Without it, businesses incur steep costs, but the downside, or costs, are often unclear because calculating data management’s return on investment (ROI), or upside, is a murky exercise. Let’s look at how we can resolve this—while there is still time to do so.

Strategy 116
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Create a lasting customer retention strategy

IBM Big Data Hub

An effective customer retention strategy should support the company to maintain a healthy stable of loyal customers and bring in new customers. Steps to create an effective customer retention strategy Effective customer retention strategies begin the moment a first-time customer makes a purchase.

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KPIs vs Metrics: Understanding The Differences With Tips & Examples

datapine

That being said, this post will cover the main difference between metrics and KPIs as well as some examples and tips for efficient performance tracking. Essentially, Key Performance Indicators or KPIs measure performance or progress based on specific business goals and objectives. But this is not without problems.

Metrics 189
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Misled by metrics: 7 KPI mistakes IT leaders make

CIO Business Intelligence

“Too often, technology companies pay consulting or analyst firms to create metrics based on the best characteristics of their offerings,” says Judith Hurwitz, CEO of Hurwitz Strategies, an emerging technology consulting firm. If so, will it help determine a business strategy, a technology selection, or some other need? Going it alone.

Metrics 133
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Your Data Won’t Speak Unless You Ask It The Right Data Analysis Questions

datapine

It is not just important to gather all the existing information, but to consider the preparation of data and utilize it in the proper way, has become an indispensable value in developing a successful business strategy. Your Chance: Want to perform advanced data analysis with a few clicks? Data Is Only As Good As The Questions You Ask.

IT 317
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How to build a successful talent acquisition strategy

IBM Big Data Hub

Talent acquisition refers to the ongoing strategy and process an organization and its HR department uses to source, attract, evaluate, hire and retain the highly-qualified new employees it needs to grow. A well-crafted talent acquisition strategy has become a critical component for organizations seeking to secure a competitive edge.

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4 Key Elements of Enterprise AI Strategy

bridgei2i

4 Key Elements of Enterprise AI Strategy. It combines the human capacities for learning, perception, and interaction to perform business operations. However, due to a lack of foundation to embed AI capabilities, companies cannot successfully leverage AI into their data and operational strategy. Identify The Challenges.