Cookies help us display personalized product recommendations and ensure you have great shopping experience.

By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
SmartData CollectiveSmartData Collective
  • Analytics
    AnalyticsShow More
    unusual trading activity
    Signal Or Noise? A Decision Tree For Evaluating Unusual Trading Activity
    3 Min Read
    software developer using ai
    How Data Analytics Helps Developers Deliver Better Tech Services
    8 Min Read
    ai for stock trading
    Can Data Analytics Help Investors Outperform Warren Buffett
    9 Min Read
    media monitoring
    Signals In The Noise: Using Media Monitoring To Manage Negative Publicity
    5 Min Read
    data analytics
    How Data Analytics Can Help You Construct A Financial Weather Map
    4 Min Read
  • Big Data
  • BI
  • Exclusive
  • IT
  • Marketing
  • Software
Search
© 2008-25 SmartData Collective. All Rights Reserved.
Reading: Do the reports you generate prompt action?
Share
Notification
Font ResizerAa
SmartData CollectiveSmartData Collective
Font ResizerAa
Search
  • About
  • Help
  • Privacy
Follow US
© 2008-23 SmartData Collective. All Rights Reserved.
SmartData Collective > Business Intelligence > CRM > Do the reports you generate prompt action?
Business IntelligenceCRMData MiningPredictive Analytics

Do the reports you generate prompt action?

JamesTaylor
JamesTaylor
3 Min Read
SHARE

A post over on the Walker Information Blog – Reports that prompt action made me think about the number of useless reports I see. Their focus was on voice of the customer or other customer information reports but it made me think more generally about reports. How many reports do business people in your organization get every day? How many of them actually prompt an action?

If they don’t prompt an action, a change in behavior, what is the point of the report?

If they do, could you do something more useful? Could you recommend a suitable action or take the action automatically and just tell them what you did? Would a focused analytic give them more actionable information than a report? Could you apply their rules to your data and generate something more focused? Instead, for instance, of giving them a report of product sales which might prompt them to promote products moving slowly perhaps you could use analytics to figure out which products were moving slowly and tell them just about that, perhaps with suggested promotional rules based on what has worked in the past (derived by another analytic)?

More Read

How Predictive Analytics Will Affect Big Data’s Future
Will Big Data Finally Turn CRM Into Something Valuable?
Analytics in Malaysia: News and Interviews from the SAP Analytics Tour
Making the Most of the Unsubscribe Process
Why Search Engine Rank is Important

Reports may be a mainstay of information systems but decision management can often create.…


A post over on the Walker Information Blog – Reports that prompt action made me think about the number of useless reports I see. Their focus was on voice of the customer or other customer information reports but it made me think more generally about reports. How many reports do business people in your organization get every day? How many of them actually prompt an action?

If they don’t prompt an action, a change in behavior, what is the point of the report?

If they do, could you do something more useful? Could you recommend a suitable action or take the action automatically and just tell them what you did? Would a focused analytic give them more actionable information than a report? Could you apply their rules to your data and generate something more focused? Instead, for instance, of giving them a report of product sales which might prompt them to promote products moving slowly perhaps you could use analytics to figure out which products were moving slowly and tell them just about that, perhaps with suggested promotional rules based on what has worked in the past (derived by another analytic)?

Reports may be a mainstay of information systems but decision management can often create more value from the same data. Act don’t report.


Link to original post

Share This Article
Facebook Pinterest LinkedIn
Share

Follow us on Facebook

Latest News

Hidden AI, a risk?
Hidden AI, Real Risk: A Governance Roadmap For Mid-Market Organizations
Artificial Intelligence Exclusive Infographic
unusual trading activity
Signal Or Noise? A Decision Tree For Evaluating Unusual Trading Activity
Analytics Exclusive Infographic
Ai agents
AI Agent Trends Shaping Data-Driven Businesses
Artificial Intelligence Exclusive Infographic
Why Businesses Are Using Data to Rethink Office Operations
Why Businesses Are Using Data to Rethink Office Operations
Big Data Exclusive

Stay Connected

1.2KFollowersLike
33.7KFollowersFollow
222FollowersPin

You Might also Like

embedding business intelligence into software
Business IntelligenceExclusiveSoftware

5 Questions To Ask Before Embedding Business Intelligence Into Software

7 Min Read

How Lyza stole the show at TDWI Las Vegas

6 Min Read

Reducing False Positives in Customer Screening

4 Min Read

When the data point tells a different story

4 Min Read

SmartData Collective is one of the largest & trusted community covering technical content about Big Data, BI, Cloud, Analytics, Artificial Intelligence, IoT & more.

AI and chatbots
Chatbots and SEO: How Can Chatbots Improve Your SEO Ranking?
Artificial Intelligence Chatbots Exclusive
ai in ecommerce
Artificial Intelligence for eCommerce: A Closer Look
Artificial Intelligence

Quick Link

  • About
  • Contact
  • Privacy
Follow US
© 2008-25 SmartData Collective. All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?