Skip to Content

What is business intelligence? What are its benefits and how does business intelligence help in decision making? Well, this article will answer your questions in detail. Wikipedia defines business intelligence (BI) as “a set of theories, methodologies, architectures, and technologies that transform raw data into meaningful and useful information for business purposes.” The main purpose …

Read More about How Business Intelligence Helps in Decision Making

Business process modeling (BPM), also called process modeling, is the analytical illustration or representation of an organization’s activity or set of activities that will help the organization achieve its goals. Businesses use business process modeling to map out their current processes, create a baseline for process improvements, and design future processes with those improvements incorporated. …

Read More about 10 Reasons Business Process Modeling is Important

When we talk about strategic plan, tactical plan, and operational plan, we are talking of the plans that work together to move or propel an organization forward and the difference between them lies in the level of specificity and the level of management which deals with them. In order to clearly state the differences between …

Read More about Strategic Plan Vs Operational Plan Vs Tactical Plan – What is the Difference?

Always remember that high involvement in the process of strategic planning tends to generate better outcomes and a greater sense of ownership. Many organizations are using broad engagement strategies to increase participation in and commitment to strategic planning. Key stakeholders that are meant to be involved in strategic planning are those that have vested interest …

Read More about How to Communicate your Strategic Plans to Stakeholders

Business continuity (BC) and disaster recovery (DR) are indeed closely related practices that support an organization’s ability to maintain operation after an adverse event. In this modern business era, resiliency has become the benchmark for organizations facing variety of threats, from natural disasters to cyber attacks. In this climate, business continuity and disaster recovery (BCDR) …

Read More about What is the Difference Between Disaster Recovery Plan and Business Continuity Plan

A business disability buyout plan is designed primarily to buy out a disabled business owner or partner. The proceeds from the disability policy are issued to fund an agreement designed to provide the company owners with the financial resources needed to purchase a disabled owner’s or partner’s interest in the company or partnership at a …

Read More about A Business Disability Buyout Plan Policy is Designed for What Purpose?