SMEs might not include themselves in the Big Data and text analytics discussion because they think they are too small or don’t accumulate enough data to be considered ‘Big Data’. But Big Data isn’t just concerned with volume, but also velocity (the speed of change and how quickly it needs to be processed to yield…
In last week’s post, we took a long, difficult look at the past 12 months for your business; the good, and the not so good. The next step is to look at how the ‘not so good’ can be transformed so that when you perform your end of 2014 business review, you’re much more satisfied…
We are now able to collect more data, in a faster time, than at any other point in history. Think about an average day – you use a smartphone to share stories and photos online, you access your online banking through a web app, you make purchases from your tablet, you download your favourite music…
Leading an organisation might often feel like a never-ending line of decisions to be made. In today’s fast-paced marketplace, making the wrong choice, or making it too late, can have a negative impact on your success, your brand and your profitability. Gone are the days where companies had analysts reviewing every data source imaginable; in…
Think back to a time when your organisation was still in its early days – what would you have told yourself, and others at that time, knowing what you know now? How would years of wisdom, experience, success and failure changed what you did? Would you have taken more risks? Would you have invested more…
This post was previously published on 6 September 2013. For more up to date information on the PIC scheme and other budget initiatives, please refer to our most recent blog post on Singapore Budget updates, with the latest available information from IRAS. For the full details, visit the IRAS PIC site. The question should be…
When you hear ‘innovation’ a large majority of business leaders are probably dreading what new changes are being brought in to disrupt the status quo they are comfortable and familiar with. The latest technological advancement, the best new productivity tool or the latest streamlined process might seem like the next in a long line of…
No one likes a drama, especially in business. Your operation needs to run smoothly, quickly and underpin your profits; otherwise why are you in business? SAP HANA promises drama; but only the best. The best way to curate your data, the best way to gain accurate insights into your organisation, the best kind of analytics…
Picture this. A company starts out small, possibly with even fewer than 10 employees. At this stage, the operations of a business keep everyone busy, getting products out to the market is key to sustaining the growth. Functions such as finance, sales and marketing and human resources might be handled by the same person or…
Ensuring your company manages change and risk effectively can be tricky: Change and risk are often mutually exclusive in our organisations; you can’t embrace risk without some form of change taking place, and you can’t implement risk-free change. So what should you do? Stay safe and never change? Or, jump into risky situations whenever they…