With your organization depending on data and analytics to take better tactical and strategic business decisions, your 2015 planning needs Data Intelligence to formulate your business strategy with competitive advantage. Explore more details here: http://aruhat.com/datacrops/datacrops-articles/data-intelligence-needed-planning-business-2015

1. Importance of
Data Intelligence
In Business Planning
for year 2015
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2.  With your organization depending on data and analytics to take better tactical and
strategic business decisions, your 2015 planning needs Data Intelligence to formulate
your business strategy with competitive advantage.
 Today, formal process with respect to data, analytics and formulating Data
Intelligence is not only a requirement but also gives you an competitive edge to deal with
and leverage data to make better product, pricing, marketing and sales strategies.
Creating a central database with data, analytics and further intelligence effectively add
value to drive it forward.
 While no two organizational strategies and processes are same, when keeping yours
together, these are some of the business and strategic functional processes to be
implemented in ahead slides just check it out.
Why Data Intelligence is needed in Planning your
Business for Year 2015
Resource: http://aruhat.com/datacrops/datacrops-articles/data-intelligence-needed-planning-business-2015/

3. One should have Website Analysis which
includes content, better customer and user experience.
Website Management

4. It captures data from direct marketing analysis, Customer Insights
and CRM.

5. Business Intelligence
One should have business data to formulate Business
Intelligence, business analysis, data services and data modeling to
achieve business goal.

6. Lead Generation…..!
Leads give support to sales team for generating business. Many
companies have now switched to Leads Extracting Data Tools which
support the Lead Generation process.

7. Sales
Sales include analysis of business revenue, product pricing
and promotional decisions which were planned last year and what were their results
taking positives and negatives to plan for the coming year’s sales and marketing
strategy.

8. Finance & Operations
It includes producing and consuming organization’s Financial
Data & Analytics along with operational data.

9. IT & Systems
It includes support to larger data stack, including
how business processes are integrated within systems.

10. Vendor Management
It includes Vendor Performance throughout the
year and the overall results yield by them to bring
industry insights and an outside perspective.

11. Ecommerce Domain
It includes
online product,
inventory
and Pricing
Strategies with
representation
of the
organization,
marketing and
sales.

12. Strategic Plans
It includes top
management
and senior
leadership
involvement
to support
broader
organizational
Goals.

13. It includes projects with new websites, new apps, product
lines or New pricing Initiatives.

14. Creating New Plans
Creating these New Plans includes feasibility,
proper research and market recommendations establishing
the end goal of where you want your business to be reached.

15. Using Data
Before you use this data and create analytics, first you need to
collect it and transform the same into a usable form. So there may
be requirements in all these processes like data management platforms,
3rd party integration or integrating data analysis solutions.

16. Organizational Resources
It includes
resources,
access to time,
money and
people
involved with
this strategic
and tactical
Planning
Process.

17. Drafting a Budget
Drafting a Budget is key to business planning and its success. Now by
using automated tools, one can track business expenses, profits, units
sold, pricing, costs and the required revenue to keep your business
growing.

18.  Having the list of resources and budget you can now know how much you have to
invest in data, analytics and data intelligence which will assist you to have realistic and
achievable plans for short, medium and long term strategies to have business success.
 This processes empower your company’s business ecosystem by data driven decision
making using data analytical tools.
 If you are already having this as a set process and structure to address data,
analytics and data intelligence throughout your organization, then you now must have
understood the benefits. However, if you have not yet put this in place as a process, then
you still have got some time to make sure this data intelligence implementations a part of
your 2015 business plan.
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Conclusion

19. - Lead Generation Tool
http://aruhat.com/datacrops info@aruhat.com
- Business Intelligence
- Pricing Intelligence
Aruhat Technologies Pvt. Ltd.