The power to predict how real-time businesses anticipate customer needs, create opportunities, and beat the competition
New York ; London
McGraw-Hill
2006
xv, 239 p. , ill. , 24 cm.
Includes bibliographical references )p. 193-204( and index.
1st ed.
"Real-time business gives companies the ability to monitor and react to changes and address problems as they occur. But no matter how sophisticated their information-gathering and data-mining systems are, they're still playing catch-up. In The Power to Predict, Vivek Ranadive forecasts the next step in achieving breakthrough business performance, a new approach he calls Predictive Business: the ability to anticipate business problems and opportunities and to act preemptively. Predictive Business allows companies to take real-time information, correlate it with historical patterns, and recognize events that hold tremendous profit potential." "In an effort to stay ahead of the curve, a handful of companies have been quietly making the transition from reactive organizations to proactive, and are well-suited for a customercentric business paradigm. Ranadive takes us inside a number of these companies - including Amazon, Pirelli, Harrah's, E. & J. Gallo, WalMart, and 7-Eleven - to show how they are making that transition." "In The Power to Predict, you'll discover how your company can accomplish these goals by continuously matching real-time events with historical patterns to improve business processes. Just as important, you'll get expert insight to improve business processes and advice on what it will take to align your company's resources, technology, and culture into an unstoppable, world-class Predictive Business."--BOOK JACKET.