Business Management
Drive Efficiency Initiatives
Process Improvement
Assessing Risks with Data Analysis
Brand Management
Data Mining Tools for Business Intelligence
Data Analysis Applications
Metrics
Predictive Insights 
This process is a crucial component of
business analytics and plays a significant role in business intelligence
...Application Retail Forecasting sales trends and optimizing inventory
management ...
Drive Efficiency Initiatives 
These initiatives are often informed by
business analytics and prescriptive analytics, which provide insights and recommendations for decision-making
...can adopt to drive efficiency: Methodology Description Benefits Lean
Management A systematic approach to identifying and eliminating waste in processes
...
Process Improvement 
It involves identifying, analyzing, and improving existing
business processes to optimize performance and achieve better results
...Value Stream Mapping, 5S, Kaizen Total Quality
Management (TQM) A comprehensive approach focused on continuous improvement in all aspects of an organization
...
Assessing Risks with Data Analysis 
Assessing risks is a critical component of effective
business management ...
Brand Management 
Brand
management is the process of maintaining, improving, and upholding a brand's image, reputation, and market presence
...Customer Lifetime Value (CLV): The total revenue a
business can expect from a single customer account throughout their relationship
...
Data Mining Tools for Business Intelligence 
Data Mining is a crucial process in the field of
business that involves extracting valuable information from large datasets
...Data Visualization Tools Visualize data through charts and graphs Database
Management Tools Store and manage large datasets Text Mining Tools Extract information from unstructured text data
...
Data Analysis Applications 
Data analysis applications play a crucial role in the modern
business landscape, enabling organizations to make informed decisions based on data-driven insights
...Tools/Technologies Retail Customer behavior analysis, inventory
management Tableau, SAS, R Finance Risk assessment, fraud detection Python, SQL, Excel
...
Metrics 
In the realm of
business, metrics play a crucial role in assessing performance, guiding decision-making, and driving strategic initiatives
...tools include: Business Intelligence Software Data Visualization Tools Analytics Platforms Performance
Management Software Customer Relationship Management (CRM) Systems Conclusion Metrics are vital components of business analytics that enable organizations to measure performance,
...
Data Inventory 
It is a crucial aspect of
business analytics, enabling organizations to gain insights from their data while ensuring compliance with regulations and improving decision-making processes
...Streamlined Data
Management: A data inventory allows for better management of data sources, reducing redundancy and improving efficiency
...
Optimizing Data Usage 
Optimizing data usage is a critical aspect of modern
business analytics and data analysis
...Improved Performance: Efficient data
management enhances the performance of business applications and analytics tools
...
Selbstständig mit einem Selbstläufer 
Der Weg in die Selbständigkeit beginnt mit einer Geschäftsidee und nicht mit der Gründung eines Unternehmens. Ein gute Geschäftsidee mit innovationen und weiteren positiven Eigenschaften wird zum "Geschäftidee Selbstläufer" ...