When doing business analysis, we are expected to dive into a project and start contributing and making a positive impact right away. We face a lot of ambiguity in business analysis, however, and while business analysis is important, we should take care not to spend too much time on it or on doing the wrong things.
Topics: 100 ERP, john shepperson, oates co, business analysis, tricks, how to, business analyst, tips
Business analysis is crucial to keeping your business growing and moving forward and therefore will certainly demand some of your time. That being said, if working on your business analytics is eating up more and more of your life, then it’s time to explore more effective methods.
Keeping a small business afloat in these troubled economic waters requires using all of your resources efficiently, including your time. It’s easy to get stuck in a business rut where you pour over all your data for weeks or months without coming up with any new insights to help you reduce costs or increase income.
Topics: oates, john shepperson, oates co, business analysis, small business, business data
As a business owner, you need to be able to answer the question: “How much time do I spend on business analysis?” Because you own a business, you may feel that spending a lot of time on business analysis is important, but there are some facts that may make you reconsider.
Just because you spend a lot of time on business analysis doesn't mean you're accomplishing a lot; while it is very important to keep up on these things, it shouldn’t to take up all of your time. Look at it this way: every minute you spend analyzing your business is a minute that's not spent growing your business. Do what you need to do, thoroughly and with attention to detail, but don’t overthink it.
Topics: oates, john shepperson, outsourcing, business analysis, business growth
The founder of Amazon.com, Jeff Bezos, said, “Put the vast majority of your energy, attention, and dollars into building a great product or service and put a smaller amount into shouting about it ...”
So what’s he saying? Take your talent and your passion and channel your energy into doing it – whether it’s editing books, implementing software, or organizing inventory – and doing it to the best of your ability.
Topics: ERP, business, software, crm, john shepperson, oates co, raw data, jeff bezos, amazon.com, business analysis, innovation
