The last two days, I’ve been totally immersed in creating a forecasting tool for retail stores. The challenge was to develop a software that was self learning; in the sense that it would need to analyze previous years’ data, and [...]
When you open a store, you always have glass windows. Why? Because you want people to peep through as a window-shopper and walk out as a happy customer. You know by the looks of it who’s just shuffling clothes [...]
A brief overview with examples for leading, lagging and coincident indicators
Leading indicators should be good warnings-like a compass, so that one can steer towards the targeted goal. Lagging indicators are a measure of what has already happened, and they are [...]
I’ve always thought of the key performance indicators ( KPI ) I put in place for my initiatives as good enough to measure success till one day, my CEO opened my eyes to see my ignorance. I was running [...]
Yelp Mobile today announced the release of a mobile dashboard for businesses owners through their weekly newsletter feature. However, it wasn’t until Foursquare mobile made their checkin reports available to their users through their Foursquare mobile app that Yelp followed suit [...]
An incident last week served to remind me that not all business intelligence comes from technology giants like Microsoft or Oracle, and not all business intelligence is tracked by Gartner.
As part of the desgin of a software for a client [...]
As a business leader, one of the things that mytifies me is how software development teams look at reports as an afterthought during software analysis/ requirement capture. As a result, the reports tend to highlight how the software works and whatever data the [...]
The recent slide on the Dow Jones that has taken the index below 10,000 for the first time in 3 months is the surest indicator yet that the recession hangover has not fully left us. No doubt the Eurozone troubles [...]
Most web applications built on Java or .Net have built in reports that allow the key stakeholders to see how the application behaves with respect to their goals and KPIs. Traditionally these reports are defined with the software requirements and [...]