As organizational leaders, the executive management team's primary focus is on revenue and market share growth, cost control, and talent retention. The ability to find and capture opportunities for revenue growth (new markets, new products, new industries, and more) is crucial to a company leader and efficient analytical strategy can support this need. Improved visibility into daily operations is the chief concern of the CFO, CIO, and COO. Many executives feel challenged when trying to find the right piece of information to support their decisions in a timely fashion.
Operational Alignment to Strategic Vision
The most important responsibility of the executive management team is to define and communicate the corporate strategy to those in the company who are charged with executing against it. A major roadblock that many companies face is that the daily activities of the organization don't support the strategic vision of what must be done.
Arm your employees with the tools they need to maintain alignment with the overall strategy and execute against it. Clearing defining Key Performance Indicators (KPIs) and then making them transparent through a web-based platform, creates open lines of communication from the executive ranks to the operating front lines. This transparency enhances the employees' ability to understand the implications of more line-level decisions, ultimately leading to a positive impact on strategic level metrics.
Maximize Internal Analytical Resources
Successful managers consistently seek ways to provide their best decision makers with analytical capability in a self-service or self-sufficient capacity.
Empower IT's BI Briefcase provides unimpeded flow of analytical information across organizational silos and allows self-service analyses and discovery of what is really going on in your business. Our professional training and educational programs improve your employees' analytical skill sets, allowing for greater talent retention and reducing external consultant costs.
Having the ability to link up with multiple types of data and visualize them in one intuitive web-based interface allows an organization to look at itself through different lenses and ask questions of the data that they previously could not.
Automated, Timely, Relevant Reporting
Executives need real-time insight into changing business conditions and circumstances at their fingertips, whether they are in the office, working remotely, or on the road. Additionally, you don't need to "reinvent the wheel" by continually updating the same spreadsheets and presentations with data that you search for manually. Empower IT provides fully functional, analysis-ready reports that employees and management need to support their business decisions. These reports can be automated, thus reducing IT involvement in production and distribution.