3 Critical Steps for Leaders to Build Successful Data-Driven Companies

More and more businesses are arming frontline workers with data to help them make better decisions in the moment, but it takes more than just tools and technology for these investments to pay off.

A recent report from Harvard Business Review lays out the important steps business leaders must take to transform their companies into true, data-driven organizations.

The good news is, leaders don’t have to be data wizards themselves to build successful data-led businesses. But they do need to ensure the right skills are in place and instill a culture in which data use can flourish in the hands of frontline workers such as sales clerks, store managers, nurses, flight attendants and field salespeople.

Done well, the rewards are significant, according to the report, which was sponsored by ThoughtSpot and based on responses from 464 business executives. At the companies succeeding with data today, 72{998ff540fe94a59c7c9828c4dd5223100610db67cea90947d11644c77e05f5f4} of executives said employee

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The Essential Laws of Explained

Ways to Prevent Panic Attacks

Panic attacks are normally sudden. Panic attacks are usually overpowering. Panic attacks affect both adults and children but adults are mostly affected by them. When one experiences a panic attack, the individual will have both physical and emotional effects. Panic attacks happen for many reasons. If you experience a panic attack, you will have some symptoms. Symptoms associated with panic attacks can be a racing heartbeat. Your heart will beat faster than normal when you have a panic attack. This is very dangerous and that is why you need to control it. Another symptom that one may experience due to panic attacks is shortness of breath. You will have a hard time breathing well and if not controlled to normal, it might lead to death. We need to breathe for us to live.

Therefore, if you experience shortness of breath, there is a high chance … Read more

Perk Up: The Best Employee Benefits for Attracting and Retaining Talent

Money talks, but benefits may do more than salary to help you stand apart as an employer of choice. In a Glassdoor survey nearly 80 percent of people said they prefer new or additional benefits to an outright pay boost.

Perhaps that’s because beyond the financial bonus, benefit packages also improve employees’ lives by supporting their health, work-life balance, and long-term professional development. Benefits can be good for your company, too, by enhancing productivity and cutting medical expenses due to stress and burnout.

A broader array of rewards helps secure external talent, too. When faced with two offers with equivalent monetary compensation, candidates can be swayed by a robust benefit offering. The following graph from a survey by Fractl explores which benefits are most valued by job seekers.

No matter which benefits you choose to offer, be sure that your human resources team promotes the perks to candidates … Read more

Bitcoin Price Prediction: BTC/USD Stable Above $11,500 as the Market Takes a Breath

Bitcoin (BTC) Price Prediction – August 29, 2020
Since August 27, the $11,200 support has been holding. The bears have tested the support thrice as bulls buy the dips to push prices upward. There is a balance as BTC/USD fluctuates between $11,200 and $11,600.

Resistance Levels: $10,000, $11, 000, $12,000
Support Levels: $7,000, $6,000, $5,000

BTC/USD – Daily Chart

The king coin is now trading in a range between $11,200 and $11,600. The bears have not been able to break the support level because BTC rebounds at the crucial support level. On the other hand, the bulls have not been able to break the $11,600 resistance after two attempts. On the upside, if buyers push BTC price above the 12 –day EMA, the price momentum will be accelerated to break the $11,600 and $11,800 resistance.

The momentum will extend to break the $12,000 overhead resistance. The bullish scenario for … Read more

Eating Your Own Dogfood Doesn’t Guarantee Good Design

There’s an expression common in high tech companies that product designers should “eat their own dogfood” aka “dogfooding.” The idea is that if companies use their own products, they’re more likely to ensure those products are usable.

While “dogfooding” sounds like common sense, it’s not that great an idea in real life because it tends to result in product designs that make sense to the designers rather than to customers.  

When confronted with a complex product, users automatically create a mental, conceptual model of how they behaves, and then make decisions about how it should behave based upon that conceptual model.

A new user approaching a finished product for the first time will almost always construct a conceptual model that’s quite different from the model that drove the design. What makes sense to an engineer might not make much sense to a non-engineer.

This occurs all the time

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