   
 | From the Editor's Desk
How to build a data-driven company Creating a data culture is one of the keys to building a data-driven organization. The right technology, data literacy, and disrupting the status quo are ways to start.
While transformations can be difficult, the value of embracing data is clear - which is why Cindi Howson, the chief data strategy officer at analytics platform provider ThoughtSpot, urges more companies to think about what's stopping them from becoming data-driven.
Speaking in August at the MIT Chief Data Officer and Information Quality Symposium, Howson said data-driven companies enjoy increased revenue, improved customer service, best-in-class operating efficiencies, and improved profitability. "It sounds like what we all want and why we collect data at all," she said. But according to a study from the Harvard Business Review, only 20% of companies are actually empowering frontline workers with data, Howson said. "That is an unacceptable situation for the state of the industry after 25 years. So, what does it take?"
Continued here
TradeBriefs: What's important, not just what's popular!
Advertisers of the day
Kellogg ExecEd: Kellogg Digital Transformation Program | Network with Global Peers | Apply Now
Emeritus : PG Diploma in Digital Marketing Strategies in collaboration with Columbia Business School Executive Education | Apply
Our advertisers help fund the daily operations of TradeBriefs. We request you to accept our promotional emails. | | MarketingMarketing 10 More Marketing StoriesPoliticsPolitics 4 More Politics StoriesSportsSports 3 More Sports StoriesEntertainmentVishal Bhardwaj brings the mystery of Agatha Christie to India Vishal Bhardwaj brings the mystery of Agatha Christie to India. Bollywood News: Latest Bollywood News, Bollywood News Today, Bollywood Celebrity News, Breaking News, Celeb News, Celebrities News, Bollywood News Hindi, Hindi Bollywood News at Bollywood Hungama.com. Entertainment 9 More Entertainment StoriesWorkWork 14 More Work StoriesLifeLife 20 More Life StoriesRetailEditor's Note: "If the arbitration delays the deal, we would not be surprised if Reliance Industries pulls out of the deal," said Arvind Singhal, chairman of Technopak Advisors, adding that if the current retail business goes down and then there is a huge amount of attrition in the perceived value of Future Retail, Reliance Industries may be left with only the leases of those retail stores. "Why would it want to pay ₹24,700 crore for the leases?" |
RetailShoppers Stop appoints Venugopal G Nair Managing Director Chief Executive Officer Shoppers Stop Ltd has appointed Venu Nair as the Managing Director & Chief Executive Officer of the company, effective November 6, 2020 to lead the next phase of expansion. The Chairman of the company, BS Nagesh said, "I am delighted to welcome Venu as Managing Director and CEO. He has an exceptional leadership track record, … RetailRetailIKEA's Bengaluru store launch delayed indefinitely IKEA's ambition to reach 100 million people in India by 2022 may not be possible for a few more years as its store launch in Bengaluru has been delayed indefinitely.Two months after the opening of its 13 More Retail StoriesTelecomTelecomEditor's Note: "Once these satellites reach their target position, we will be able to roll out a fairly wide public beta in the northern US and hopefully southern Canada," SpaceX CEO Elon Musk said in a tweet earlier this month. "Other countries to follow as soon as we receive regulatory approval". It is expected that there will be gigabit speeds on offer, meaning up to 1Gbps Internet speeds, with a fairly low latency of up to 25ms. Starlink plans to offer these Internet services for around $80 per month, which is priced at par if not lower than similar speed broadband plans in most countries, including India.TelecomTelecomTelecomEditor's Note: Facebook as well as device makers may claim that these three system apps are not a privacy concern at all, but from a perspective of a non-Facebook user, these are bloatware being forced upon them. And the only thing you can do is to disable them manually. 14 More Telecom Stories |
FinanceEditor's Note: "India can do it. India can be a part of the AI (artificial intelligence) revolution. India can be a part of long-range services. Now that we know how to do it on Zoom and do interviews on Zoom, we can teach on Zoom and we can do so much more. But what we need to do is remove the barriers. A lot of what holds India back is impediments that we deliberately put on ourselves. This was a story in 1991, it is a story still. Unless we focus on these and remove them - and not the cosmetics, it's very easy to say, "oh, we're improving these rankings, we're doing this," but you talk to people on the ground, they say nothing has changed. You need to focus steadily on it. I have no doubt we can catch up. I think it's really important for every reason, including our own national security, that we get the economy back and strong as soon as possible."FinanceEditor's Note: Vietnam is well out in front in the global race to replace some of China's export production. In fact, it is now grappling with the problems of success. While the outlook for the country is "particularly strong," a banker based in Ho Chi Minh City says that the challenge now is ensuring its ports, roads and airports can keep up "with the next $100 billion in foreign direct investment (FDI). It's a disciplined Communist economy with a high level of corruption, but they do execute (plans) very well".Finance |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
No comments:
Post a Comment