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Peerview Data Insights

The ROI of Big Data, Analytics & Benchmarking #25

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Topics: Analytics big data Accounting Software Benchmarking CPAs Accounting Trends AICPA Accountants Competition ROI

The ROI of Big Data, Analytics & Benchmarking #24

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Topics: Analytics big data Accounting Software Benchmarking CPAs Accounting Trends AICPA Accountants Competition ROI

The Robots Are Coming! How Companies Can Prepare For The Rise Of Artificial Intelligence

Threat? Or opportunity?
 
AI is coming, but as Greg Satell, author of Mapping Innovation, points out in an article in INC. titled "Here's How Your Company Needs to Prepare for AI," it  might actually enable companies to generate more value from human capital, not less:
 
One thing we are seeing is a shift from cognitive skills to social skills, in which machines take over rote tasks and value shifts to human centered activity. So it is imperative that every enterprise adapt to a new mode of value creation.

Today, an architect needs to be far more than a draftsman, a waiter needs to do more than place orders and a travel agent needs to do more than book flights. Automation has commoditized those tasks, but opened up possibilities to do far more. We need to focus less on where value is shifting from and more on where value is shifting to."  
Topics: Small Business Analytics big data Benchmarking CPAs Accounting Trends

The ROI of Big Data, Analytics & Benchmarking #23

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Topics: Analytics big data Accounting Software Benchmarking CPAs Accounting Trends AICPA Accountants Competition ROI

The ROI of Big Data, Analytics & Benchmarking #22

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Topics: Analytics big data Accounting Software Benchmarking CPAs Accounting Trends AICPA Accountants Competition ROI

A Quote That Should Make You Question Everything Your Company Is Doing

In the forward to Competing On Analytics: Thew New Science of Winning, by Harvard's Thomas H. Davenport and Columbia's Jeanne G. Harris, David Abney, CEO of UPS, makes a powerful case for why companies need to continuously assess their competitive performance:
Topics: Small Business Analytics big data Benchmarking Accounting Trends

10 Posts That Will Change The Way You Think About Your Business

  1. This is How Your Business Will Be disrupted
  2. Are You Swimming Naked?
  3. Competing In A Data-Driven World
  4. 10 Simple Rules For Your Big Data Analytics Adoption Strategy
  5. Why Even Bother With Business Data If You Don’t Have Time To Do Anything With It?
  6. Two Mindsets Guaranteed To Stunt Your Company’s Growth
  7. How Benchmarking Keeps You What Jeff Bezos Calls A “Day 1” Company
  8. A Checklist For Growth-Focused Companies Looking To Leverage BI
  9. When It Comes To Data-Driven Analysis, Your CPA Is Your Secret Weapon
  10. What Happens If You Wait Too Long To Embrace Big Data, Analytics and Benchmarking? 
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Topics: Small Business Analytics big data Benchmarking Accounting Trends

The ROI of Big Data, Analytics & Benchmarking #21

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Topics: Analytics big data Accounting Software Benchmarking CPAs Accounting Trends AICPA Accountants Competition ROI

This Is How Your Business Will Be Disrupted

 
Greg Satell, author of "Mapping Innovation," has a good blog post about disruption that seems particularly relevant to CPAs and other professional services.
 
 
You can read the entire post here, but the first two paragraphs really drive home the point that  most companies focus on  doing what they do better, which is good for the short term, but also need to focus on adapting what they do because that's the only way to succeed in the long term given the way customer needs change.
Topics: Analytics big data Benchmarking CPAs Accounting Trends Accountants Competition Warren Buffet

The ROI of Big Data, Analytics & Benchmarking #19

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Topics: Analytics big data Accounting Software Benchmarking CPAs Accounting Trends AICPA Accountants Competition ROI