Strategic Management Process
Industry Analysis
Analyzing Operational Efficiency Metrics
Business Outcomes
Support Business Transformation
Evaluating Operational Performance
Improvement
Assessing Financial Performance with Data
Business Forecasting 
Business forecasting is the
process of predicting future trends in business operations based on historical data and analysis
...business planning and strategy, enabling organizations to make informed decisions regarding resource allocation, inventory
management, and financial planning
...Description Improved Decision Making Forecasting provides critical insights that aid in
strategic planning and decision-making processes
...
Industry Analysis 
It is a critical component of business analytics and data analysis, providing insights that can inform
strategic decision-making
...Operations
Management: Optimizing supply chain and operational strategies based on industry dynamics
...Conclusion Industry analysis is an essential
process for businesses seeking to understand their market environment and make informed decisions
...
Analyzing Operational Efficiency Metrics 
Operational efficiency metrics are essential tools for businesses seeking to optimize their
processes, reduce costs, and enhance productivity
...Strategic Decision Making: Data-driven insights support better business decisions and strategic planning
...Assesses inventory
management efficiency
...
Business Outcomes 
Margins Return on Investment (ROI) Operational Outcomes Efficiency Metrics Cost Reduction
Process Improvement Customer Outcomes Customer Satisfaction Customer Retention Rates Net Promoter Score (NPS) Employee Outcomes
...Levels Importance of Measuring Business Outcomes Measuring business outcomes is essential for several reasons:
Strategic Planning: Understanding business outcomes helps organizations to develop effective strategic planning processes
...Risk
Management: Analyzing outcomes can help identify potential risks and areas for improvement
...
Support Business Transformation 
Support Business Transformation refers to the
strategic initiatives and
processes that organizations implement to enhance their operational efficiency, adapt to market changes, and drive growth through innovative practices
...Change
Management Managing the human side of transformation to ensure smooth transitions
...
Evaluating Operational Performance 
Evaluating operational performance is a critical aspect of business
management that involves assessing the efficiency and effectiveness of an organization's operations
...This
process helps organizations identify areas for improvement, optimize resource allocation, and enhance overall productivity
...Balanced Scorecard: A
strategic planning and management system that measures performance from multiple perspectives, including financial, customer, internal processes, and learning and growth
...
Improvement 
Improvement in the context of business analytics and business intelligence refers to the systematic approach to enhancing business
processes, decision-making, and overall organizational performance through data-driven insights
...Enhanced Decision-Making: Data-driven insights enable organizations to make informed decisions that align with their
strategic goals
...Lean
Management A methodology that emphasizes waste reduction and efficiency improvement
...
Assessing Financial Performance with Data 
This
process involves the systematic collection, analysis, and interpretation of financial data to understand a company's performance over time
...By leveraging descriptive analytics, businesses can gain valuable insights that guide
strategic planning and operational improvements
...Risk
Management: Identifying potential financial risks through data analysis enables proactive measures to mitigate them
...
Data Automation 
Data Automation refers to the
process of automating the collection, processing, and analysis of data to improve efficiency and accuracy in business operations
...in the fields of business, business analytics, and data mining, enabling organizations to leverage data-driven insights for
strategic decision-making
...Data Automation streamlines these processes, allowing businesses to focus on analysis rather than data
management ...
Evaluating Operational Data 
Evaluating operational data is a critical
process in the field of business analytics that involves the analysis of data generated from day-to-day operations of a business
...Strategic Planning: Insights gained from operational data can inform long-term strategic initiatives
...Change
Management: Implementing data-driven changes can face resistance from employees who are accustomed to established processes
...
Eine Geschäftsidee ohne Eigenkaptial 
Wenn ohne Eigenkapital eine Geschäftsidee gestartet wird, ist die Planung besonders wichtig. Unter Eigenkapital zum Selbstständig machen versteht man die finanziellen Mittel zur Gründung eines Unternehmens. Wie macht man sich selbstständig ohne den Einsatz von Eigenkapital? Der Schritt in die Selbstständigkeit sollte gut überlegt sein ...