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What are Business Cataracts?
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As business organizations grow, merge and become more virtual, strategic information that was once easy to get to is now scattered across disparate information systems and lost on employee desktops. Vision that was once crystal clear has deteriorated into what ComFrame calls ‘business cataracts.’ Cataract symptoms appear in many forms, evidenced by the following frustrating scenarios: |
- Presenting a comprehensive view of what is really going across the business is difficult or impossible
- Decision-making is inhibited by the inability to consolidate, transform, access and present enterprise information in an intuitive and meaningful way
- Existing data and reports are suspect in their accuracy and completeness
- Decisions made based on existing information consistently fail to achieve expected results
- There is no reliable method for visualizing future problems and possibilities or for accurately predicting the cost and operational impact of change
- Traditional business intelligence applications isolate performance data into the hands of financial analysts, inhibiting the ability to collect, aggregate, and validate data on an enterprise scale
- The organization struggles to accurately scope, estimate, schedule and manage resources and achieve the correct resource balance
- There is no way to assess the business value of projects or to prioritize investments across projects
- Projects fail due to poor risk management and lack of communications, standards and best practices
Without timely, intuitive access to complete information, perception and reality will remain far apart and business decision-makers will never be able to move forward without risk. Until cataracts are fully removed, results will continue to be less than optimal and business leaders will never be able to fully-visualize future business potential.
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