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Business Intelligence - Why?
Author            : James H. Thomas
Designation    :Director
Company        : J Thomas Group Inc.
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Synopsis
The immortal LeRoy “Satchel” Paige, Baseball Hall of Fame pitcher, had it right when he said, “Never look back. Something may be gaining on you.” In the business world, something is always gaining on you. How soon it catches up is just a matter of timing.Ben Gilad, an educator and author of Business Blindspots, states, “The question is not whether your company will lose touch with the competitive arena, but when it will lose touch.” In 1980, when Sears was the retail leader, they admit they had never heard of Sam Walton and Wal-Mart — they know them now. More than 200 companies that made up the 1979 Fortune 500 are now out of business just 21 years later. Of the companies that made the 1955 list, 70 percent (350) no longer exist.

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