According to statistics from BizBuySell, less than 1 out of 5 of businesses marketed for sale are able to find a buyer and to consummate a successful transaction. Even this depressing statistic vastly under-estimates how few companies are able to attain a successful exit, as the great majority of the over 6 million U.S. business owners are never able to even consider listing their …
Why Business Intelligence is So Hard [And What to do About It]
Written by Jay Turo on Wednesday, May 6, 2015 Over the past few weeks, I have written about the amazing growth and financial progress of Business Intelligence (BI) companies like Domo, Birst, and Looker and how their rise to prominence and value signifies a shift in how we think about the best way to manage and value an enterprise. I …
H.A.P.P.Y Business Intelligence
The power of business intelligence tools and technologies (BI) to provide managers and leaders accurate, real time visibility to the performance of all aspects of their companies – marketing, sales, operational financial – along with “automated” insight as to how to improve them has made BI one of the highest ROI arenas of business management in the world today. This …
Breaking Through Data Overwhelm (3 Easy Steps)
Written by Jay Turo on Wednesday, August 12, 2015 Over the past few weeks, I have had the good fortune to speak to many executives and entrepreneurs about how the “Humans” in their companies grapple with data and information technology to improve critical work processes and business results. These processes include “New School” ones like formulating, launching, and managing multi-channel …
11 Metrics that Really Matter
In this post, I’m going to present 11 metrics that matter in different markets. “Big Picture” Metrics versus “Underlying” Metrics Each of these metrics are what I call “big picture” metrics rather than “underlying” metrics. These big picture metrics are what ultimately judge performance from an outside perspective. But it’s the underlying metrics that truly impact success. Let me explain. …