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Is Business Analytics the best way to gain insights on business planning and decisions?

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Question added by Mohamad Azruddin Bani , Business Analyst , Cardz Group
Date Posted: 2015/02/27
Irina Ter-Grikurova
by Irina Ter-Grikurova , Business Development Manager , Geostar LTD Georgia

My opinion is that no plannig can be done without analysis of hystorical data, in planning we must take into consideration existing trend, identify influence of several factors, make assumption so that planning without analitics 

as for decision -making it is important to predict possible outcomes, have scenarios for each option, make SWOT analysis, feasibily study

without business analytics how to make decision? Only intuition is not enough-you must see estimated result and select the best one-you must see figures, trends, ratios

Syed Ilyaz
by Syed Ilyaz , BI Manager , Syren Technology

Yes, planning of any business without analysis we won't be having clear picture of any business, where we stand currently and what additional focused required when and where. With analysis we save lot of time and control our budgets too.

SILAMBARASAN  PM
by SILAMBARASAN PM , Vender developments , Rabwin industries pvt Ltd

Discussion with all Employee in the industry.