Feature Article
Transforming Data
into
Information and Insight
There’s no lack of data available from the collection of Logistics transactional systems and processes. The digital revolution is creating data at unprecedented levels. “We now create as much information every two days as we did from the dawn of civilization to 2003 (Eric Schmidt)”. The question is how best to mine this continually growing mountain of data to find the nuggets of information from which to forge gems of insight.
Today’s data analyst plays a valuable role in providing information about process and service performance to Business Management functions. The role includes identifying the questions requiring answers, defining the data requirements, and then obtaining and assembling the data in a meaningful way that supports the desired information. To perform the role efficiently, the analyst must be knowledgeable in a variety of data query and assembly technologies. To perform the role effectively, the analyst must be plugged into the business team in order to predict future questions requiring insight and focus. Their efforts in bringing timely information will help the business adjust to changes in the service landscape.
How do you feel your information analysis team is performing? Are they adding value by helping your business gain new insight into operational performance, market trends, and/or customer requirements? Are they able to assist your team to navigate the changing market conditions? If your satisfaction level is less than desired perhaps the issue isn’t your analyst team but how the analyst team is integrated into your business. In research, how you ask the question has much to do with the answers you’ll receive. Constructing the correct research question is required to set the correct research context. Slight contextual changes in the research question can cause significant variation in the outcomes or conclusions.
By improving integration of the analyst with key business stakeholders, the analyst can better understand the contextual considerations, predict future requirements and provide the information you need, when you need it, at the levels of detail needed. Data analysis remains an area of explosive growth. It’s imperative your business has a strategy for how this data will be mined and transformed into information from which insights will be created. The critical value differentiator will be based on what you know, when you know it, and how you use this knowledge to provide a continually compelling business service.
The ASIL Supply Chain Services teams are Supply Chain experts versed in transforming data into insights that yield optimal results in this ever changing market. We know what it takes to create success now and into the future. We have a proven track record of pragmatic and creative solutions and welcome the opportunity to help navigate your journey to successful outcomes. Call us today at 408-980-9904 and let us help you achieve new areas of insight, ingenuity, and understanding in this ever changing economic climate.
Contributed by Warren White
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Spotlight
Do you WOBA?
Maybe you do and don't even know it. As business
professionals we all develop a personal approach that enables us to see new
opportunities or handle current challenges. For some of us it may not be as clear and
for others it may be crystal clear.
Here is a personal approach I call WOBA -
Wins, Opportunities, Barriers, and Actions, that will
certainly enable you to take control of any direction you choose to follow. Let me
explain.
In life and business there are many things that we
accomplish that are taken for granted by those around us, as well as by ourselves.
Taking the time to mentally acknowledge an accomplishment can be uplifting and
motivating. It is about celebrating the moment. Therefore keeping sight of your daily
Wins will enable you to self promote and re-energize.
Equally true is that there are many
Opportunities where each of us can make a difference in our daily business lives.
The first step is seeing the opportunities and then making a plan to achieve them.
Along the journey we will all face Barriers
or obstacles that can be daunting and overwhelming. It is during these moments that
we need to rally the strengths of our wins to power the Actions needed to
resolve the barriers.
The Actions are based on a thoughtful plan
to understand and resolve the known Barriers to a given Opportunity
that you have determined is important to Win. OK that was WOBA
backwards. So, let's WOBA! Music is optional.
Contributed by: Pete Pazmany
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Industry Trends
Performance Improvement
Developing Dynamic Teams
In a constantly changing business environment, it is important to have strong and capable teams that can grow your company’s revenue and profits. Working to bring your employees together into collaborative relationships extends the abilities of your company as well as engaging your employees to perform at a higher level.
Bruce Tuckman developed a four stage process that helps move through group development. This four stage process consists of the stages; Forming, Storming, Norming, and Performing. Each stage leads to the following stage and each one must be fulfilled to move forward. This being said, the time period for a group in each of the stages will change based on the group’s composition and a number of environmental factors.
Forming focuses on when a group comes together. Generally, the group doesn’t know one another, has limited experience with group of people itself, and will cover up any deficiencies of the group by not acknowledging the associated importance. This stage is all about the introduction of members to one another. From here, the group begins to looks for its identity, which arises from conflict in the next stage.
Storming consists of conflict. This is where the group members know one another and have some experience with the group. At this point, people begin to entertain conflict because the group is trying to establish its identity. The conflicts can be about the group’s purpose, who will be leading it, or tension between members. This stage is both normal and necessary for the group to begin to understand one another. From the conflict comes a new resolution that allows the group to become familiar enough with everyone to progress to the next stage.
Norming is where the group begins to accept one another for who they are. The conflict subsides as the group starts to get comfortable. People get used to one another and begin to form deeper relationship with others in the group. This gives everyone the ability to learn about one another, specifically in relevance to strengths and areas for growth. The group moves to the next stage once everyone has reached a point of comfort with one another.
Performing kicks the norming stage up a notch. This stage takes each person’s individuality and uses the strengths to accentuate the group in order to reach the intended goal. Performing comes from everyone in the group operating at a high level of effectiveness and that being multiplied by the collaborative efforts of the group. Groups in this stage would be considered highly functioning teams because they are able to do more collectively than any one individual.
Helping your employees’ progress through these stages has many benefits. You can take a group of unrelated people and develop them to be an effective team just by helping them move through the natural process of group development. If your company needs help in dynamic team development, then contact ASIL to discuss a consultation.
Contributed by Joe Pazmany
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Our Software Products
Click on the links below to view ASIL, Inc.'s MAX Partnering® self-paced software demonstrations:
Strategies and Execution - This demo depicts the tools that organizations can utilize to embrace change effectively and implement it successfully.
Self Assessment Sample Questionnaire - This demo will enable you to respond to a small sample of self assessment questions focused on change management and create a Heat Map of your responses to see areas that may need attention. The Driving Complex Change® methodology addresses the six areas of Direction, Ability, Incentive, Resources, Structure, and Action that can impact your effectiveness of change management.
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Editor: Michael B. Singleton (msingleton@asil-inc.com)