February 13, 2009, Newsletter Issue #92: Risk Analysis As A Broad BI Topic

Tip of the Week

Business intelligence reporting and analysis techniques are helpful in achieving performance management success across many functional business areas. Predictive analytics are frequently the BI tool most suited for this purpose. Insurance and reinsurance operations are obvious users of these techniques and, originally, probably invented them. But what other areas of business operations could employ such analytics? Consider the following:

Financial Services Credit worthiness and debt load as a tool as a tool in credit card pre-approval campaigns.

Pharmaceutical/Biomedical Outcome of clinical trial projects and potential downsides to regulatory approval.

Retail Sales Reduction or alteration of a trusted customer base as the result of introduction of controversial or divergent product offerings.

About LifeTips

Now one of the top on-line publishers in the world, LifeTips offers tips to millions of monthly visitors. Our mission mission is to make your life smarter, better, faster and wiser. Expert writers earn dough for what they know. And exclusive sponsors in each niche topic help us make-it-all happen.

Exclusive Sponsor

The Performance Manager Hand Book
Get your free copy of the new Cognos book for performance managers. Learn how to find the performance sweet spots in your department from the Executive Suite to Finance, HR, Marketing and more.

http://forms.cognos.com/?elqPURLPage=1633&mc=-web_GAW_pmbk

Not finding the advice and tips you need on this Business Intelligence Tip Site? Request a Tip Now!


Guru Spotlight
Ray Lokar