Earnings per share (EPS) and expected EPS growth are key influencers of share prices, which, in turn, drive so many success and compensation metrics in our companies. There is relentless pressure to increase revenue and earnings and to create shareholder value. After years of working to achieve revenue and productivity gains, many executives feel they are running out of ways to make the next leap forward. After turning to Six Sigma, lean methodologies or total quality management (TQM), what new approach can continue to move the needle?
We suggest that a large part of the answer is data. “Data is the new oil” may be a well-worn cliché, but it is a fair analogy. Oil takes many years to form and lies hidden beneath the surface. It is hard to find and costly to extract. Its use only comes into view when it is processed and refined … at which point it can power entire cities!
Like oil, your data has been created over many years, and much of it lies buried in your file cabinets, databases, spreadsheets—or in the brains of your employees. It is almost worthless in its raw form, but when managed with finesse, data can be turned into information that begets knowledge, wisdom, action and positive business outcomes. In other words: Data can be spun into gold.
In this “Spinning Data Into Gold” white paper, you will learn how to improve operational and financial performance through data science. You’ll find answers to key questions such as:
Download this white paper today to turn your data into insights that will significantly improve revenue and earnings performance and, ultimately, higher EPS.