Business Transformation Requires Transformational Leaders
Leadership and teaming skills are front and center in times of rapid change. Meet today’s constant disruption head on with expert guidance in leadership, business strategy, transformation, and innovation. Whether the disruption du jour is a digitally-driven upending of traditional business models, the pandemic-driven end to business as usual, or the change-driven challenge of staffing that meets your transformation plans — you’ll be prepared with cutting edge techniques and expert knowledge that enable strategic leadership.
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Insight
Requirements define things that a product or service are supposed to do to satisfy the needs of the client. A more formal definition is given by the International Institute of Business Analysis in "A Guide to the Business Analysis Body of Knowledge" (PDF):
It has been just over 50 years since preeminent IBM computer scientist Hans Peter Luhn coined the term "business intelligence." And ever since then, BI has been viewed as getting information to the people who need it in a timely fashion and in a form that is easily consumed and acted on (the right data to the right people at the right time).
Budgets are plans for spending money.
Earlier this year, I discussed an apparent growing interest by organizations in using data mining and predictive analytics ("How Do Your Data Mining and Predictive Analytics Grow?" 23 February 2010). I noted that several developments account for this trend.
Just a few years ago, many companies were trying to avoid deploying any social media applications. The turnaround has been astonishing; just about everyone has now jumped on the social media bandwagon. Now the questions relate to ROI and TCO -- and, ultimately, the business value of social media. The Luddites lost the battle.