Posts Tagged ‘businessoptix’
What’s the point of master data?
Many companies want to develop a data-driven culture, basing decisions on facts rather than subjective opinion. Creating and managing a consistent set of master data can help achieve that. Defining master data Master data is “data about the business entities that provide context for business transactions” says the DAMA Guide to the Data Management Body…
Read MoreThree reasons to optimise your process documentation
Do you have clear visibility of your business operations? Process documentation can help you achieve it. Using accurate models and definitions allows you to identify, target and resolve problems caused by poor visibility. We look at three key benefits of optimising your process documentation. Process documentation forms the basis of a successful business I worked…
Read MoreThree steps to better scenario modelling
Most of us would love to be confident of making the right decisions that will lead to beneficial outcomes. We look at how effective scenario modelling helps you achieve your business goals. Choose your own (business) adventure Did you ever read those choose-your-own-adventure books as a kid? The ones where you were given options at…
Read MoreBusinessOptix versus Visio
It can be difficult to choose a business process transformation system. There are plenty available, with similar features and capabilities. So, to help you, we thought we’d run a quick comparison of some key providers. The facts: capability comparison* Visio: developed by Microsoft, Visio is a Windows-based diagramming software program. You can create flowcharts, organisational…
Read MoreHow to run effective process discovery
How do you currently discover and map your business processes? In our recent LinkedIn poll, 13% of respondents said they used an Excel spreadsheet. Methods like this can generate all sorts of problems: version control, inputting mistakes – the list goes on. There is a better way. Using a centralised system gives you more…
Read MoreHow to run a business process review
A business process review (BPR) lays the foundations for a successful business transformation. Here’s a handy four-step guide to running an effective review. A BPR sets you on the right track for business transformation A BPR is simply a way to assess how your processes are working and identify ways to improve them. You…
Read MoreEmpowering Sustainable Futures: The Transformative Impact of Digital Twins in Business
Digital twins play a vital role in helping organisations shape their future and achieve their objectives. Sustainability is often one of these objectives, and it’s a priority for many businesses. Here we look at how digital twins are helping businesses drive sustainability goals. And we highlight four use-cases to inspire your own digital twin development.…
Read MoreFive questions to ask before you start a business transformation project
You’ve identified the need for a business transformation process, so surely you should start as soon as possible? Obviously it’s not as simple as that. For the best chance of success, make sure you’ve answered these five questions first. 1. What do I want to achieve? The answer to this isn’t ‘improve everything about my…
Read MoreCocoon Technology and BusinessOptix announce tech partnership
Cocoon Technology and BusinessOptix are delighted to announce the formation of a new technology partnership. The software distribution agreement means BusinessOptix fully incorporates Cocoon’s data-integration platform – Connections – into its product suite. The partnership enhances BusinessOptix’s capability to deliver data-mining services and help organisations develop digital twins. Connections integrates any type of data in…
Read MoreHow to write a business transformation framework
A good business transformation framework supports you as you travel from strategy to execution. We outline the six key stages to include in your plan. A business transformation framework guides your approach to change A framework is a key part of business transformation planning. It’s a way of agreeing your approach, taking you from start…
Read MoreHow process mining can benefit your business
Every organisation wants to improve and become more efficient. But do you know how it’s working now and what you must do differently to get better? Process mining will tell you. Here’s how you can apply it to your business. Use process mining to help improve operational performance Process mining is a way of extracting…
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