http://jtonedm.com/2007/11/06/pretty-pictures-are-not-enough/ James Taylor on Everything Decision Management Mon, 14 May 2012 18:05:17 +0000 hourly 1 http://wordpress.org/?v=3.3.2 http://jtonedm.com/2007/11/06/pretty-pictures-are-not-enough/comment-page-1/#comment-296 Dave Dixon Thu, 08 Nov 2007 19:27:51 +0000 http://jtonedm.com/2007/11/06/pretty-pictures-are-not-enough/#comment-296 Hi James. Thanks for link to Provisdom's blog. We posted some further discussion of shareholder value in the context of the DMReview article. Here's the link: http://blog.provisdom.com/?p=26 Hi James. Thanks for link to Provisdom’s blog. We posted some further discussion of shareholder value in the context of the DMReview article. Here’s the link: http://blog.provisdom.com/?p=26

]]> http://jtonedm.com/2007/11/06/pretty-pictures-are-not-enough/comment-page-1/#comment-295 Data. Knowledge. Wisdom. » Blog Archive » Metrics Metrics Metrics Thu, 08 Nov 2007 19:24:19 +0000 http://jtonedm.com/2007/11/06/pretty-pictures-are-not-enough/#comment-295 [...] James Taylor recently blogged about a DMReview article by Richard Batty discussing the value of real-time analytics. The thrust of the DMReview article was summed up nicely in the conclusion: Maximizing profits and ROA is the number one goal of any manufacturer. Real-time analytics support this goal. In order to make profit optimization a reality, certain components and steps are essential - 1) centralize all data where it can be properly analyzed, 2) use only data that is of high quality, 3) use an operational metric (i.e., profit per minute) that aligns with the corporate performance metric of ROA and also aligns all departments, enabling quick decision-making and 4) use an application that allows business users to analyze data and model changes so that decisions that increase profits can be quickly made. [...] [...] James Taylor recently blogged about a DMReview article by Richard Batty discussing the value of real-time analytics. The thrust of the DMReview article was summed up nicely in the conclusion: Maximizing profits and ROA is the number one goal of any manufacturer. Real-time analytics support this goal. In order to make profit optimization a reality, certain components and steps are essential – 1) centralize all data where it can be properly analyzed, 2) use only data that is of high quality, 3) use an operational metric (i.e., profit per minute) that aligns with the corporate performance metric of ROA and also aligns all departments, enabling quick decision-making and 4) use an application that allows business users to analyze data and model changes so that decisions that increase profits can be quickly made. [...]

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