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Newsletter - August
2006 |
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BIO for Microsoft Dynamics SL Business Information Optimization (BIO®) for Microsoft Dynamics™ SL is designed to be used across departments and throughout the management chain to provide self-service analysis. BIO enables business leaders to convert Microsoft Dynamics SL data into enterprise-wide analytics and make intelligent business decisions without requiring business leaders to be familiar with Microsoft Dynamics SL. Five things to do before implementing BIO: 1. Review your business activity. Whether you make critical decisions daily, weekly, or yearly, understanding the drivers that impact your business is important. Understanding your business today will help you drive it for growth tomorrow. 2. Identify the measurements that are needed. Continuous improvement happens as you get closer to your data. If you find yourself asking questions about your business that you can’t get answers to, you probably need to add new measurements to your analysis or change the ones you currently use. 3. Define the measurements. Be critical. Define precise criteria that will reveal more clearly where your business is overperforming and underperforming. The better knowledge you have of your strengths and weaknesses, the better decisions you can make. 4. Assign the analysis to the appropriate roles. If you want better analysis of your cash flow, go to the CFO. If you need better information about which products are selling best in a region, go to the sales manager. If you have unanswered questions about project costs, assign the analysis to the project managers. 5. Make changes. If your data is telling you to make changes, make them. Don’t be afraid to try something new. You are investing your time with the purpose of better understanding your business. Get started today and make a difference tomorrow. It will be an investment that keeps giving back to you as long as you keep measuring your performance. Select BIO for Microsoft Dynamics SL as the resource to help your organization become more effective in its roles. BIO: The Intelligent Way to Analyze Your Business There is a saying, “Your system is only as good as the data you put into it.” This is especially true of Business Information Optimization (BIO®). The value that BIO brings to your organization is based on the data you capture. Implementing BIO provides you with a new way of looking at your data and helps you understand where your business is performing well and where there is room to grow. BIO helps you make intelligent business decisions. Without the ability to see how you are performing, changes you make have a 50% chance of improving your performance. With the proper insight provided by BIO, the ability to make the right changes at the right time is at your fingertips. | ||||||||||
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