Friday, July 18, 2025
  • Login
Forbes 40under40
  • Home
  • Technology
  • Innovation
  • Real Estate
  • Leadership
  • Money
  • Lifestyle
No Result
View All Result
  • Home
  • Technology
  • Innovation
  • Real Estate
  • Leadership
  • Money
  • Lifestyle
No Result
View All Result
Forbes 40under40
No Result
View All Result
Home Innovation

5 Ways to Use Data to Make Faster — and Better — Business Decisions | Entrepreneur

by Riah Marton
in Innovation
5 Ways to Use Data to Make Faster — and Better — Business Decisions | Entrepreneur
Share on FacebookShare on Twitter


For Subscribers

Business leaders need to have instant data access and analysis to make rapid decisions, yet getting what they need is often hampered by a lack of access and analysis, siloed teams and overwhelmed IT departments. Here are five ways you can break down siloes and get your employees what they need to collaborate and make business function decisions faster.

Opinions expressed by Entrepreneur contributors are their own.

Your marketing team needs to move at the speed of customers. They need to know if their new marketing campaign is working today so they can adjust it tomorrow. Your inventory management team wants supply chain products and supply visibility to quickly shift inventory to locations running low. Your sales team knows time is money and wants to know which accounts need an in-person visit to close the deal or if a sales campaign is more appropriate at this stage in the buyer’s journey.

These needs require instant access to data from a multitude of sources. Typically, these departments ask IT for a report. But the sophisticated data analytics of today requires a specialized IT talent that’s scarce, and the velocity of data makes those requests a frustration for all. The data is needed immediately and the IT team is unable to respond in real time.



Source link

Tags: Businessbusiness decisionsBusiness ManagementDataData & RecoveryData AnalysisData-driven BusinessDecisionsEntrepreneurFasterLeadershipManagementScience & TechnologyTechnologyWays
Riah Marton

Riah Marton

I'm Riah Marton, a dynamic journalist for Forbes40under40. I specialize in profiling emerging leaders and innovators, bringing their stories to life with compelling storytelling and keen analysis. I am dedicated to spotlighting tomorrow's influential figures.

Next Post
How Would a Recession Affect Me and My Finances? | Entrepreneur

How Would a Recession Affect Me and My Finances? | Entrepreneur

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Forbes 40under40 stands as a distinguished platform revered for its commitment to honoring and applauding the remarkable achievements of exceptional individuals who have yet to reach the age of 40. This esteemed initiative serves as a beacon of inspiration, spotlighting trailblazers across various industries and domains, showcasing their innovation, leadership, and impact on a global scale.

 
 
 
 

NEWS

  • Forbes Magazine
  • Technology
  • Innovation
  • Money
  • Leadership
  • Real Estate
  • Lifestyle
Instagram Facebook Youtube

© 2024 Forbes 40under40. All Rights Reserved.

  • About Us
  • Advertise
  • Contact Us
No Result
View All Result
  • Home
  • Technology
  • Innovation
  • Real Estate
  • Leadership
  • Money
  • Lifestyle

© 2024 Forbes 40under40. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In