The Quantified Mechanix Blog
I have been a practitioner of the “Kimball Methodology” for more than 20 years, so naturally, when I received this provocative email, I had to go and read the “ebook”. Those who know me know I am opinionated, and when something fires me up, I like to offer my opinion, so here it is.
I’ve seen my share of missed opportunities. However, given the right approach, Analytics can be very effective, and very successful. I want to share this insight with you. It is only very rarely the profound and dramatic insight leading to massive change and impact we dream it should be. It starts with the business and it’s usually pretty simple. What are the key drivers of the performance you’re trying to manage and how can you manage them? Because this seems so boring, it seldom inspires the effort to get started and stick with it. It also starts with the business, not some new tool or technology that will solve every problem. And management talent seems hard to find some days.
Many organizations, of all sizes, struggle to use analytics to improve their operations because of information “silos”. Silos occur when the applications that run different parts of your operations can’t communicate with each other. You know you have a silo problem when you are unable to answer simple questions behind the reports. In some ways, the rise of cloud applications has made this worse because access to the data is different than it used to be.
Skilled nursing facilities operate in a challenging environment where changes are forcing operators to gather and use new data and use new tools. The cost and risks of these challenges in a declining market drives consolidation and stiff competition. But, analytics can make a difference.
CMS created the Five-Star Quality Rating System to help consumers compare skilled nursing facilities when choosing care providers. Has it worked? I think the results speak for themselves. SNF with 4 and 5 star ratings have: A favorable payer and patient mix Higher...
The cloud has delivered significant value – cost savings, speed to market and new capabilities, but getting access to data for analytics is a challenge. Here is an approach and toolset that brings those benefits to analytics.
A well designed analytics environment, built with modern tools and applications enables a virtuous cycle that creates a sustained competitive advantage.
Quantified Mechanix operates at the place where business, technology and data meet. We are equally talented, and exceptionally competent working with business leaders and IT to use technology to create real opportunities for the business. We turn data into...
The cloud has so much appeal: Low capital expense, easy implementation, reliability, and performance. Updates, new features, security and patching are managed by experts. But there are critical gaps. One of them is reporting. Many applications have limited reporting and analytical capabilities and few if any are integrated with other applications to provide key metrics to manage your business. Here is a solution.
It’s 7 AM and you check your email over a cup of coffee in the kitchen. You see an email from a director in Finance that her reports aren’t reflecting yesterday’s activity and that something must be wrong. It’s day 3 of the close so this is important and urgent. You...
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Joanne Franer, Target Corporation
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John Tranberg, Director of Finance