Here we will post a series of coronavirus, COVID-19 - related dashboards. We want to…
HOW TO MAKE A GOOD DECISION
Since the early days, people are faced with making decisions based on choices at the given moment. Everyone wants to make the right one, whether it is related to private or business life.
Most of the decisions we make are irrational and without grounds – based on the hunch. Not everyone has the right hunch though, at least not all the time. It is particularly hard when the decisions have to be made on time.
It becomes even harder and more complicated when you manage the company and your decisions don’t affect just your job, but your co-workers and managers.
To make decision making easier and faster, many tried to find the solution which will speed up the process and make concluding based on facts.
There are two solution types. The hard way is to collect documents and do them by hand which increases the chance of human error. The modern way is to use digital business data. The old, hard way is a long process of gathering data, processing data, waiting for feedback and if there was some mistake in the process, waiting a bit longer. The whole process to get the right data could take days, even up to months. And we all know that the time of getting the right information is very often crucial when it comes to decision making. This process is known as Traditional business intelligence. You can find more about this topic on our blog where we compared Traditional and Modern business intelligence tools.
With digitization and improvements in every business fields and solutions, people felt a need for better, improved, accelerated and easier way to get the information and data.
Today the best way to have easy access to information is to use a BI (business intelligence) software. By using it, decision-makers can monitor their business and spot even the smallest changes. Decisions can be made on time, the right person gets to know the relevant information in seconds.
For us, it is more than an excellent argument to introduce BI tool in your business.
If you aren’t sure how would you use the BI software and does it fit your business needs, we are always here to answer all of your questions. You can read more about our BusinessQ dataviz software here.
Why not try BusinessQ software for free and give us your feedback!