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We have entered the era of Big Data, but few Retail businesses have yet achieved success in terms of transforming  business performance, in spite of being Big Data rich

ANALYTICS

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Successful exploitation of big data - both internal and external - is critical to retail success. But it requires leadership and a transformation in the way the the business thinks, operates and organises.

BIG DATA NEEDS A PLAN

 

Big Data exploitation needs a Plan all of its own. Businesses need to decide:

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    Which Data to exploit

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    What analytical tools to use

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    What  Organisation to build

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    What investment to prioritise

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ANALYTICS & INTEGRATION

 

Data is buried within the organisation as well as externally, in social media, at Suppliers and at competitors. Exploitation needs powerful analytics tools, advanced data integration capabilities and a focus on actionable outputs if the power of the data is to be translated into enhanced business performance 

CHANGE LED FROM THE TOP

 

Change has to be driven from the CEO's Office and the new Analytics Organisation needs to be empowered and supported right across and down the business. It's not just about new technology - it's about a new way of managing the business

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