Technology

Why Do Once Successful Companies Fail

How can one explain why seemingly successful companies, such as Borders, Blockbuster, Circuit City, Wang Labs and Digital Equipment, go bankrupt or fall from a successful leadership position? I find it fascinating that almost half of the roughly 25 companies that passed the rigorous tests to be listed in the once-famous book by Tom Peters and Robert Waterman, In Search¬†[…]

Proactive analytics and unstructured data are the key components of an operational business performance management solution

Over the last twenty years, we have seen steady growth in the use and popularity of business performance management (BPM) solutions. If you look at business performance management use by functional area, you will find that it has been deployed in the approximate ratio of 60% financial, 30% marketing and 10% operational. Thus, if you have been using business performance¬†[…]