Each business, each industry, has its own data needs, Key Performance Indicators (KPI) and demands
when it comes to analytics. Different types and sizes of businesses have different analytics requirements.
That’s where KLH Growth Strategies makes an enormous difference. We customize and help create the optimum and most useful analytics for you, your executives and your business. And such optimum analytics is 100% dedicated to producing the best results for your business. Our analytics are all about results - more revenue, more profit, higher efficiency, more clients, greater productivity from each staff member, etc.
KLH Growth Strategies uses a proprietary set of analytics that is both powerful and simple to use. Our analytics
produces precise answers that decision makers need to then make the best decisions for their business.
Our analytics are not only customized for each individual business to produce optimum results and information, they also provide exact formulas and steps to take the business to higher levels. Not even the large consulting firms that service the biggest corporations have our formulas and procedures. These formulas take the guesswork out of decision-making and management.
Successful owners and executives need data and information in order to make the best possible
decisions. But not just any data or lots of data - You need the exact right data. To produce the best results for the business, data must be- actual (existing in fact; taking place in reality; genuine, real, true and measurable)
- accurate
- timely (not out of date)
- relevant (to prevent data overload)
- complete
Data and information must satisfy all five conditions for it to be of value to a business executive. The owner and executives must have this quality of information, or he/she flies blind, makes poor decisions, and takes incorrect actions - all of which cause the business to struggle or fail.
This is a critically important point and could even be the difference between success and failure.
The only use and goal of analytics should be to improve the business and every part of it, to increase productivity, efficiency, profitability, and the overall health of the business. Analytics is valuable and useful only if it leads to better decisions and actions which in turn move the business toward its goals, and resolve problems and barriers to growth.
But all too often, analytics becomes too much about technology, software and platforms. The latest buzzword related to analytics is “business intelligence” (BI) - as in artificial intelligence (AI). The technology behind the analytics all too often becomes the focal point, rather than the true purpose, definition and value of analytics. Analytics is not about technology. Analytics is about contributing to the success of a business. Any technology and software should be used solely to support the analytics.
Our rule is analytics first, software second.
Analytics by itself - and the technology that supports analytics - does not manage anything. People manage. People make decisions. People take action. The purpose of analytics is to give owners and executives the precise, complete and relevant information they need to make the right decisions and take the right actions.
Properly defined and applied analytics is one of the most valuable management tools available to an owner and executive. The key here is properly defined and applied. Any software technology supporting analytics is less important than the definition and specifications of the analytics.
Before deciding on which technology to put into a business, the owner and executives must first fully define all the analytics they need and want. What analytics does your business actually need? What analytics gives the owner and executive the actual, accurate, complete, relevant, timely information needed to make good decisions? How do the owner and executives use the correct analytics for their business to gain the most productive, profitable and useful results? What does the owner want to know?
KLH Growth Strategies can help with all this. The result is a simple, easy-to-use yet powerful analytics system that helps you manage your business more easily, while increasing your business's profitability and efficiency.