Every year, Gartner releases one of its most popular tools, Magic Quadrant for Business Intelligence and Analytics platforms. This Magic Quadrant ranks software solutions based on three indicators: information delivery, analysis and integration.
As data based decision making is at the core of better management practices today, tools such as scorecards and dashboards can assist with providing critical business data for decision making. Dashboards are operational tools used to illustrate the company’s performance in its most relevant areas. In their recent study on changing practices of financial departments and management audit in businesses (2011), Bearing Point and the Association Nationale des Directeurs Financiers et de Contrôle de Gestion (DFCG) identified several trends in using dashboards across organizations.
Each February, Gartner releases one of its most important research reports: Magic Quadrant for Business Intelligence. Last year, Gartner changed the name of this Magic Quadrant from “Business Intelligence Platforms” to “Business Intelligence and Analytics Platforms”, to emphasize the growing importance of analysis capabilities to the information systems that organizations are now building.
The International Integrated Reporting Council (IIRC) is a global coalition concerned with helping companies understand and adopt Integrated Reporting, “a process founded on integrated thinking that results in a periodic integrated report by an organization about value creation over time and related communications regarding aspects of value creation”. Essentially, through this type of reporting, an organization can generate value over time, by adapting its strategy and performance to the external environment.
Tesco is one of the largest retailers in the world, with a core business in UK that provides 60% of all sales and profits. In the last years, Tesco’s expansion has positioned the company as a leading brand, reaching China, Czech Republic, India, Malaysia, Ireland, Hungary and Poland.