BI transforms data into actionable knowledge. It supports decision-making, identifies opportunities, and helps businesses stay ahead of the curve.
Consider the retail giant Walmart, which uses BI to manage its supply chain efficiently. By analysing sales data in real-time, Walmart ensures shelves are stocked with what customers want, reducing waste and improving customer satisfaction.
Are your dashboards transforming data into actionable insights, or do your users always need to take the last steps themselves?
That’s not a hidden criticism by the way, because sometimes those last few steps are obscure and you cant pre-empt them until the actual data is available.
But also, it’s a great idea to publish early iterations of a dashboard so that you can design those last few steps with your user, or yourself – if you are the subject matter expert!
But, make sure that next step is understood and enabled in some way or another… don’t just leave your users hanging with unactionable insights… no one wants to be left with an unanswered…
”so, what next?”
…like a simple list of customers that didn’t buy last month…
…think what the next step needs to be to make that actionable.
📈 “BI is the art of turning data into actionable insights.”
🌟 How have you made sure your insights are actionable?
