What is changing in business management?

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Technological evolution has generated new dynamics and driven the development of new business management models. The impact extends to all business areas and business contexts. In an increasingly digital and hyperconnected world, today's managers face the enormous challenge of knowing how to take advantage of technology, converting it into a factor of differentiation and competitiveness in the market .

And if technology is the solution for productivity, it is also the current great source of information. The increasing digitalization of business processes has exponentially increased the amount of data generated daily in companies. And this is where one of the main factors of business success lies: the ability to anticipate the competition.

How can you take advantage of the data produced to benefit business management?
All business structures produce data in the course of their activity, whether a small iceland whatsapp number database or a large multinational. Just think of payroll data, billing volumes, purchase values, current account balances, among many others.

This is scattered and raw information. But have you ever thought about what it would be like if you could transform this data into management metrics for your business? You could easily consult, for example:

the evolution of personnel expenses and distribution by departments;
absences and sick leave and their respective impacts on the organization;
the evolution of billing by period, by customer or geographical area;
the evolution of account values ​​per customer, age of balances, evolution of payment terms;
and many other analyses always updated and ready to use.
The impact of this information on decision-making is enormous. It can even change the course of an organization. This is precisely the role of structured data analysis solutions or analytical tools . These systems help managers to filter and analyze the most relevant information, exactly at the moment the information is produced. The results are immediate: it is now possible to make informed decisions in a short period of time and continually adapt the business strategy to market dynamics.

In an increasingly dynamic and global business world, real-time access to reliable, quality information that enables quick and informed decisions to be made is crucial to ensuring the competitiveness and viability of companies. Business Intelligence solutions therefore play an increasingly important role in supporting decision-making.

How does the data era impact the role of managers?
Data is already being referred to by many as the new "gold" of the digital age. It is essential that managers know how to adapt to the new era of digital companies and take advantage of the technologies at their disposal. Combining their vast experience with the assertive decision-making power that technology guarantees can only result in increased competitiveness.

Analytical tools are the starting point for a new era in the management of your company.
With these systems, it becomes easier to:

Centralize data and convert information into knowledge;
Have access to performance analysis anytime, anywhere;
Continuously monitor the organization's overall performance;
Achieve greater strategic, tactical and operational alignment;
Discover Europalco's successful example
See how Europalco , the largest national event production company, optimized results with Cegid Primavera's Business Analytics solution .