By Charles Nagel, CEO, Qvinci Software.
You can’t make decisions, at least good ones, for your business with bad data or data that is missing. Many CEO’s and managers often make the mistake of managing retroactively by only receiving important data points at the end of the month. From this vantage point, many issues that could have been easily fixed if the appropriate data had been available weekly or even daily have escalated into large problems. It is imperative that the management of your company has the information it needs when it needs it to proactively manage your business.
The first step to getting the data you need is to sit down at the computer and create an outline of the most important data points to running your business. This data must be presented to you in a repetitive and reliable manner. At the same time, the format must be easy to read and quickly understood like a table or graph. Read the rest of this entry »
Posted by charlesnqv 