Convenience Store Performance Dashboards – Data Analytics Using Filters

Convenience Store Performance Dashboards – Data Analytics Using Filters

June 12, 2014 — 

One of the ironies of Big Data is that insights often look like just a few points of data. The ability to extract the right data from large quantities of data is one way to move toward the insights. Filtering data into groups is a technique that allows related information to highlight a big trend

KPI Tracking - When did you start?

KPI Tracking – When did you start?

June 5, 2014 — 

Preliminary results regarding how long companies have been tracking their KPI’s are in. The BandyWorks Tracking Key Performance Indicators survey is still active. This survey will collect information on how companies are using KPI’s for tracking and accountability.  Please spend 2-3 minutes to take the survey and see the full results! This survey has closed.

Accountability Data - Balancing – Simple, Complete and Automated

Accountability Data – Balancing – Simple, Complete and Automated

June 1, 2014 — 

Accountability works well when Key Performance Indicators (KPI’s) used are simple, automated and complete. Good results happen when two of the three are in place and used consistently. Great results happen when all three occur. Some argue that it is impossible to accomplish all three in a large organization as it is not simple to

Accountability - Work Place Support for Staff - How to Deal with Domestic Violence

Accountability – Work Place Support for Staff – How to Deal with Domestic Violence

May 29, 2014 — 

When Domestic Issues Affect Work No matter how well a business operates there are circumstances that can occur beyond the control of an organization. It is important to have resources available to assist. One issue that is extremely difficult to address is domestic violence. Kiffy Werkheiser, of the James House, provides this information to help

Accountability – Consequence versus Punishment

Accountability – Consequence Versus Punishment

May 26, 2014 — 

With Accountability, consequence versus punishment is the key to success. The toughest part about accountability is applying consequences when performance is not as desired. There comes a point when there has to be a negative consequence. If done correctly, such a point only comes when shared expectations were not met and the responsible party had

Convenience Store Performance Dashboards - KPI's with Drilldowns

Convenience Store Performance Dashboards – KPI’s with Drilldowns

May 18, 2014 — 

Convenience store KPI’s with drilldowns save time. A good graph is worth hours of analysis and a focused drill-down saves hours more. Graphs and drilldowns are favorite tools of analysts. Quickly assessing key performance trends and then being able to see the data that makes the trend is a great tool for maintaining accountability towards

Convenience Store Accountability Rules – Oh Yeah!

Convenience Store Accountability Rules – Oh Yeah!

May 12, 2014 — 

Entering the store for coffee and a snack, a warm ‘hello’ springs from behind the counter while several clients form short lines at 3 registers. The busy store is clean and well organized. Such management does not happen by accident. Oh yeah – convenience store accountability rules make a difference. Accountability is a key component

How Big is Big in Big Data?

How Big is Big in Big Data?

May 4, 2014 — 

As Big Data becomes more popular, the question often asked is ‘What is Big Data?’ While there are lots of ways to answer, one part of the answer inevitably includes quantity. While there is no precise definition of how much is necessary to be considered Big, most accept that amount of data keeps getting bigger.

KPI Sharing-  How does your company compare?

KPI Sharing- How does your company compare?

May 2, 2014 — 

As part of our tracking and accountability work, we study best practices. We want to see how companies are using KPI’s in their drive for higher sales and better operational results. The May Poll is complete and the results are in.  Please check our Survey page for a more detailed survey regarding how companies are publishing

7 Tips for Big Data Success

7 Tips for Big Data Success

April 25, 2014 — 

Experienced Big Data users understand the paradox – Big data starts small. Rather than rush to implement new techniques and technology a small win can help to drive big results. Patience is often hard when there are big problems to solve, but creating a solid foundation for success can make things go faster when you

Accountability lessons from prison

Accountability lessons from prison

April 19, 2014 — 

Standing in the Sally port waiting to enter Dillwyn Correctional Institute on a clear spring afternoon, a cold reality of prison life encloses each instructor. The course they are about to lead is an experiment to prepare inmates for successful re-entry to society. Can convicted felons operate a successful business after they complete their sentence?

Social Capital - A surprising reminder for entrepreneurs

Social Capital – A surprising reminder for entrepreneurs

April 11, 2014 — 

Social Capital – A surprising reminder for entrepreneurs. Dr. John Thomas of the UVA Cooper Center presented a summary of how communities are using a new approach to address challenging socio-economic situations at the Crater Community Hospice breakfast meeting at Virginia State University on April 2, 2014. The breakfast commemorated the 20th year of service to

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Beyond Tobacco Rebates: What else can I do with my Scan Data?

In our work with family chains, we’ve found that store data accessibility and distribution are common issues for operations managers and supervisors. The lack of easy access to operations focused data can lead to environments where losses are hidden longer, and growth opportunities go unrealized.

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