BI reduces costs

I recall reading somewhere recently that being overweight and obesity are major risk factors for many chronic diseases for people all ages in modern day society. Furthermore, when people are overweight or obese, they have more health problems and more serious health problems, in addition to higher health care costs. So how is that different to your business? It’s not – the higher the cost of your people, the greater the risk to your business and the more expensive it is to administer. So are you clear on what the drivers are of this cost to your business, what contributes the ever burgeoning salaries line which makes up probably more than 60% of your expense base. Like someone wanting to lose weight, why don’t you set some targets and measure yourself against those in your business. Business Intelligence can help you measure your progress throughout the year and the result will be a leaner and fitter organisation. If you don’t have a handle on it, then this is one place to prioritise your attention this year to reduce your costs in 2010.