Welcome to the information age. In today’s world, harnessing the power of the internet can lead you to almost any information you might seek. The World Wide Web is literally revolutionizing the convenience in deliverability and accessibility of information offered to those connected online. The power of the internet facilitates the dissemination of online business intelligence to all those with access to the internet. There are a variety of different vehicles in which online business intelligence can be distributed.
Think about some of the ways a casual user might use the internet to access the online intelligence they need. For instance, have you ever planned a vacation and needed driving directions? Where did you go, a good old atlas? If you are like me, you went online and headed straight to MapQuest.com to get the latest driving directions to your desired destination. Perhaps you don’t know how to spell a word, now where do you go? That’s right, there is no need to dust off the old dictionary, just go to Webster.com for assistance.
Just as there are innumerable avenues for the casual internet user to acquire their desired information online, many businesses also offer up online business intelligence through a variety of different vehicles. Sometimes these corporations share their online business intelligence directly to the public via the internet and sometimes the critical online business intelligence is shared through a company’s intranet which is typically only accessible to its employees and trusted business partners.
Business Vehicles of Online Business Intelligence
Online Graphs– Some very valuable information can be accessed via online graphs. Such online graphs can help your employees understand how the company is doing with regards to revenues and expenses. These online graphs can be updated real time, keeping your employees continuously and accurately informed with regards to the driving factors determining the health of the corporation.
Online Chart – Online charts are another valuable way to share online business intelligence. The online charts can provide information concerning inventory levels of goods, sales performance, or efficiency levels of stores. A large retail store like Walmart might open up their intranet to supply partners, leaving the onus on the suppliers to make sure their products are constantly stocked.
Online Business Report– Sharing detailed online business intelligence is also a great way to keep your body of employees up-to-date on the latest business plan. Producing and sharing an online business report is a great way to share this information with each and every one of your employees. The business reportcan be published to the company intranet so that your company’s trade secrets and future plans are not made public.
Online Enterprise Report– Publishing an enterprise report in conjunction with a business report can give your employees an even clearer picture of the landscape of the company. The enterprise report will of course cover all of the key divisions of the company, such as finance and production, granting your employees the information they need to continue to be successful in their positions within the company.
Whatever online business intelligence your corporation chooses to share, whether it be an online graph or a business report, be sure that each of your employees knows how and where they can access this information. After all, having your online business intelligence readily available proves of no value if your employees are not aware of its existence. In addition, if you choose to make certain online business intelligence accessible to your business partners make sure you close any and all doors that might lead them to sensitive company information or trade secrets.
Spending the Millionaire Cash Flow
Are you sure you want to be rich? I mean really rich? Like the kind of rich where you have so much cash flow coming in you don’t even know what do with all this money – except for swim in it. Being a millionaire would definitely be great. Think about all the great things you could do with your millions in cash flow.
The One Great Way to Make Money
Is there one great way to make money? The simple answer is no. In fact there are a variety of great ways to make money. Just ask Robert Allen or Mark Victor Hansen, two of America’s foremost experts on creating wealth. A few of the great ways to make money include investment (be it in real estate, mutual funds, stocks etc.), entrepreneurial ventures, or via rapid corporate promotions. Each path to wealth offers its own unique advantages, but if you are looking for the one great way to make money that anybody can follow then you have come to the right place.
Management Fundamentals
For beginning business students learning the business terminology will go a long way in ensuring you perform well in your classes. Not all families have a strong business pedigree and many of us must learn the business basics the old fashioned way – on our own. If you don’t know what management is or what the financial reporting process entails, then this is a great place to start. To jump start your busing understanding here is a brief overview of some fundamental business terms.
