Clients face a daunting challenge: how to create actions and insights from the wealth of data already at their disposal, while managing a seeming endless supply of new data sources.
At Scenaria, we know that more data does not equal better decisions. In fact, strategic planning often turns into a “boil the ocean” experience, when most of your effort is spent collecting and aggregating data instead of gaining insight.
We believe that the best way to increase efficiency in your decision-making process is to supplement traditional frameworks with targeted analytical approaches.
Applying this type of approach allows our clients to increase the efficiency of their decision-making process in two ways:
- Scalability, in number and form of data sources
- Flexibility, in the level of analysis
For example, one of our clients wanted to improve the efficiency of their resource allocation and planning process. Scenaria identified issues in data management, as well as a need to increase visibility of impacts to the engineering organization. The solution was two-fold:
- Aggregate information from key departments into a structured database.
- Leverage a data visualization tool to craft standard dashboards for allocating resources across future powertrain applications.
To get more detail on how Scenaria can increase the efficiency of your strategic planning process, reach out and contact us directly.