17 February 2020
Monday, 17th February
The Vizlib Monday Digest is a summary of recent articles about how data changes our lives. We’re sharing it with you to supercharge your week! (Feel free to share your comments!)
Augmenting HR with analytics. The role of HR is evolving as data analytics weaves deeper into the fabric of its operations. But what does the future hold for people analytics? For one, HR should take the lead with the advent of automation, author Bernard Marr predicts. You can discover more on his predictions for intelligent, data-driven HR in this Forbes article.
Image credit: Adobe Stock
CFOs leverage insights to lead the next wave of growth. CFOs have no shortage of data available to them. But, to extract valuable insights, the organisation firstly needs good data governance, access to the right technology and the right talent. Read on about how CFOs can delve into data and reimagine finance in this Accounting Today article.
If you’d like to learn more about practical solutions to boost insights, take a look at our best practices in financial dashboarding blog.
Vizlib Financial dashboard
Reading customers’ minds with predictive analytics. In marketing, it’s crucial to understand the customer to meet and exceed their expectations. With predictive analytics, marketers can now design marketing campaigns that have a higher probability of hitting the mark. Learn more about leveraging predictive analytics to keep in tune with customers in this Forbes article.
If you’d like to learn how to uncover deeper insights, read our quick intro to advanced analytics blog.
Closing the skills gap with data analytics. Companies use data to improve the efficiency of numerous business areas. One field where it is often underutilised is in bridging the skills gap. Many decision-makers realise that training is no longer a nice-to-have, but rather an essential component in maintaining a competitive edge. And training data can provide managers with insights to not only upskill staff but also improve staff retention. Read more about the benefits of data for skills management in this article.
If you’re interested in improving teamwork and maximising the data skills in your business, read on in our blog on accelerating business value with effective collaboration.
And, finally, take a look at this extraordinary application of data visualisation – a knitted dataviz blanket!
Lastly, our Quote of the day:
“You don’t have to become a data scientist, but it’s important to have a good understanding of the possibilities of data and how it can help you solve problems, be more efficient and make your employees happier. Demonstrating that you can use data in original ways to solve key problems is a sure-fire path to success in the information age.”
Bernard Marr, bestselling author and advisor.
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