Aberdeen links Business Intelligence to Performance

Posted in Franchise Management System, Resources December 29, 2009 0 Comments

A study

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completed by the Aberdeen Group investigated the impact of good business intelligence on company performance during this economic downturn. There were three classifications; best-in-class, which has an 11% increase in operating profit and a 96% customer retention rate, Industry average performers which had a 5% decrease in operating profit and

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in operating profit and only a 67% customer retention rate. The critical measurement that the Aberdeen Group was evaluating was employee access to business intelligence. Best-in-Class had

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The companies that gave over half of their workforce business intelligence from which they could drive activity got pressure to increase output to meet customer demand along with pricing pressures. The rest were dealing with aligning cost with falling revenue forecasts. Half as many Best-in Class

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Business intelligence also helps businesses track sales back to marketing leads

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marketing cost. This is a two edge sword from the standpoint of both concentrating on the highest value opportunities while reducing the spending on non-performing cost. Best-in-class companies make the best use of performance dashboards and scorecard tools, uniform data collecting and cleansing and enterprise performance management.

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