For decades, business leaders have depended on the structure and foundations that worked in the past to secure commercial survival. In business, it is all about numbers and the figures that counts. The more you know how to analyze data effectively, the more success for your enterprise.
In fact, business has been all about data analytics. This has been the basis whether to support an idea or reject it because it has little chances of impacting the company according to the data gathered. Basically, it is all about gathering data and strategic insight is not part of the game. Decisions were primarily based on the projection presented by data analysis or the marketing research department.
But thanks to some innovators like Mark Zuckerberg and Steve Jobs. They showed that listening to their employees will bring success to a company and ultimately secure its survival. This became the game changer and more companies are now people focused and now lending their ears to what everybody has to bring to the table.
And speaking of people centered management, strategic insight have become very controversial as a modern business process of creating new ideas. As a modern principle, it is mainly targeted on the insights of all the people in the organization from the higher managers down to the lower positions and everybody in the organization. It is all about bringing all together the needs, feelings, opinions, and ideas of everybody to innovate and create more success for the business.
Many business analysts have also agreed that it is an effective management style. They also have observed and concluded that acknowledging the concepts and ideas from everyone in the company is very essential for success. Furthermore, this can be a good way of delivering tailored products to end consumers because these insights are coming from firsthand experiences.
And rather than depending on what data has to say, business leaders following this principle will listen to what regular employees feel about the services because it is most likely how consumers feel about the services as well. Take for an example, Apple, it is clear that Jobs listens to his employees to create innovation. Here is what happened during the interview with Jobs.
When he was asked about achievements, he answered his greatest accomplishment would be Apple, their company, and did not emphasized on creating iPhone alone. This is an indicator that he is accepting ideas from his employees rather than relying too much on figures. Today, Apple can be considered as a topnotcher in the commercial world.
Another example of success because of employee insight is the new homepage design and the like button of Facebook. Originally, the idea came from Hackathons they held frequently and because of the event they were able to create innovation for Facebook as a company in general Hackathons are like day events for programmers and other people involved in software development.
All in all, it is believed that insights from various people can help upper level managers in coming up with ideas that could be tailored towards the needs of the consumers. It is also not fair to say that data analysis is not important anymore. But, it can be promising to say data and insight used properly can maximize company success.
In fact, business has been all about data analytics. This has been the basis whether to support an idea or reject it because it has little chances of impacting the company according to the data gathered. Basically, it is all about gathering data and strategic insight is not part of the game. Decisions were primarily based on the projection presented by data analysis or the marketing research department.
But thanks to some innovators like Mark Zuckerberg and Steve Jobs. They showed that listening to their employees will bring success to a company and ultimately secure its survival. This became the game changer and more companies are now people focused and now lending their ears to what everybody has to bring to the table.
And speaking of people centered management, strategic insight have become very controversial as a modern business process of creating new ideas. As a modern principle, it is mainly targeted on the insights of all the people in the organization from the higher managers down to the lower positions and everybody in the organization. It is all about bringing all together the needs, feelings, opinions, and ideas of everybody to innovate and create more success for the business.
Many business analysts have also agreed that it is an effective management style. They also have observed and concluded that acknowledging the concepts and ideas from everyone in the company is very essential for success. Furthermore, this can be a good way of delivering tailored products to end consumers because these insights are coming from firsthand experiences.
And rather than depending on what data has to say, business leaders following this principle will listen to what regular employees feel about the services because it is most likely how consumers feel about the services as well. Take for an example, Apple, it is clear that Jobs listens to his employees to create innovation. Here is what happened during the interview with Jobs.
When he was asked about achievements, he answered his greatest accomplishment would be Apple, their company, and did not emphasized on creating iPhone alone. This is an indicator that he is accepting ideas from his employees rather than relying too much on figures. Today, Apple can be considered as a topnotcher in the commercial world.
Another example of success because of employee insight is the new homepage design and the like button of Facebook. Originally, the idea came from Hackathons they held frequently and because of the event they were able to create innovation for Facebook as a company in general Hackathons are like day events for programmers and other people involved in software development.
All in all, it is believed that insights from various people can help upper level managers in coming up with ideas that could be tailored towards the needs of the consumers. It is also not fair to say that data analysis is not important anymore. But, it can be promising to say data and insight used properly can maximize company success.
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