Basic Concepts of Business Intelligence Tools

Basic Concepts of Business Intelligence Tools

Overview of Business Intelligence Business intelligence (BI) is the process of achieving data from a data warehouse to produce business reports and analysis. It enables companies to decrease their information technology structure costs (e.g., hardware costs, software costs, human operation costs) by removing redundant data. BI tends to solve problems in an organization with enormous…

Creative Problem Solving Tools and Examples in Business

Creative Problem Solving Tools and Examples in Business

Current technology and the business environment have made creativity more important than ever to businesses. Not only do companies continually need to come up with new products and reinvent themselves, but they also need to do those tasks creatively. There are many creative problem-solving tools that organizations can use to increase their competitiveness. Within the…

A Nine-Stage Process for Creative Problem Solving

A Nine-Stage Process for Creative Problem Solving

In today’s business world, where everything is continuously changing at a fast pace, the ability to arrive at solutions to new problems is in demand. It is a multistage process for businesses to come up with the right solutions for their problems. This post goes through the nine-stage process model for creative problem-solving. The process…