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7 Steps for a Killer Business Intelligence Resume

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StrategyDriven Practices for Professionals Article |Business Intelligence|7 Steps for a Killer Business Intelligence ResumeTechnology is leaping every moment, and businesses are getting smarter by acquiring new technical measures. Business owners are continuously hiring business analysts who can transform their decision-making by using advanced technical measures.

According to a recent study by Zippia, more than 104,208 professionals are currently employed as business intelligence analysts in the United States.

Considering the market competition, these numbers are not expected to face a downfall anytime soon. Hence, if you are considering business intelligence as a career option, you will see numerous job opportunities in your professional journey.

To be prepared for future endeavors, all you need is an upgraded skill set along with a well-versed business intelligence resume. You can leverage any online platform like Udemy or Coursera to upgrade your business intelligence analysis skills.

In terms of resume building, you can follow these below-given steps that will help you in building a killer business intelligence resume:

Outline Your Resume

You can outline your resume in the most suitable format per your experience and professional journey. Out of the plethora of resume formats available online, we have chosen three exemplary resume formats that you can use to start your resume building process:

  • Chronological Resume Format
  • Combination Resume Format
  • Functional Resume Format

The functional resume format is only suitable for people having a career gap in their professional journey. All the other business intelligence aspirants and professionals can use either a reverse-chronological or combination resume format to build a killer business intelligence resume.

Showcase Key Skills in Separate Section

Skills in your resume enhance its quality and effectiveness. Hence, it will be better to make a separate section for your key and technical skills.

You can use bullet points to showcase your skills and highlight them in the resume to get the recruiter’s undivided attention.

Use Bullet Points to Mention Professional Details

Recruiters these days do not spend much time on a resume as they have numerous applications piled up for one job opportunity. Hence, we recommend you use one-liner bullet points while mentioning the professional experience in your resume.

Moreover, we also advise you to address cause-effect relationships while crafting the professional experience bullet points in your resume.

Highlight Important Metrics & Keywords

Numerous companies these days use ATS (Applicant Tracking System) to filter out unsuitable resumes. Hence, we advise you to use industry-specific keywords in your resume to parse through the ATS without any hurdle.

Furthermore, you can also highlight these keywords and other essential information to clear the recruiter screening round.

Endorse Your Educational Qualifications

Educational qualifications will play a vital role in portraying your eligible image in front of the recruiter. You can make a separate section to showcase the educational qualifications in the resume. Here are some details that you can mention while framing this section:

  • Name of Degree
  • Name of Institution
  • Location of Institution
  • Grades Obtained
  • Enrollment & Graduation Dates

Add Your Certifications

Adding certifications to your resume will provide you bonus points in the recruitment process. Certifications will also help you beat your competitors and increase your shortlisting chances. You can follow the below-given format while mentioning the certification details in your resume:

Certificate Name | Name of Issuer | Date of Completion

Write an Easy to Read Resume Summary

As its name suggests, a resume summary comprises a brief of your entire resume. It highlights essential information, and recruiters also read it for a few seconds. Hence, we advise you to use easy-to-read language while writing your resume summary.

Key Takeaways

Take a look at the key takeaways of this blog:

  • Outline your resume in a suitable format according to your professional journey
  • Showcase your skills in a separate section to highlight them appropriately
  • Use one-liner bullet points to mention your professional details
  • Highlight profile-centric keywords and the essential information to get through the ATS
  • Endorse your educational qualifications to showcase your academic background
  • Add your certifications to get bonus points during the recruitment process
  • Write an engaging summary to hook the recruiter and highly the essential information of your resume

These guidelines will help you build a killer business intelligence resume. Wishing you the best of luck in your upcoming job searching process. May you get the job you desire.

A Guide to Preventing Your Online Business From Losing Money

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StrategyDriven Managing Your Business Article |Online Business|A Guide to Preventing Your Online Business From Losing MoneyEven successful businesses start to lose money from time to time, and this can send the entire company into panic mode.

Although financial difficulties are a challenge that you might face occasionally, in order to reduce their frequency and to prevent your online business from losing money frequently, here are some of the top steps that you can take.

Increase Operational Efficiency

Increasing the operational efficiency of your business is paramount if you are going to prevent your company from losing money, as a lot of human errors can lead to customer upset, which can reduce the likelihood of them buying from your company again, or recommending you to others. Therefore, you should do all that you can to increase the operational efficiency of your business, including employing the use of metrics, technology, and particular actions that can increase employee motivation.

Increase Pricing

If you are beginning to notice that your online business is losing momentum, this could be due to the fact that your pricing structure is not correct. For instance, inflation could mean that you are not now covering your supply costs within your pricing, or other companies might be offering better prices than you, which can make shoppers more reluctant to buy any products from your brand. Therefore, you should constantly review your pricing structure to ensure that it still works for your company and that it is in line with other companies within your industry.

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Reduce Costs

It is also important that you look at reducing your costs and expenditure, even if you are not currently losing money, as this will enable you to get larger profit margins and to ensure that you are financially secure if your sales begin to slide. For instance, you should look at cutting your utility bills and even the cost of your office or warehouse space. You might consider using a shared office space, or encouraging your employees to work at home. You might also look for different suppliers who can provide you with the same products for much less, and consider cutting down on the amount of software that your brand uses.

Decrease Waste

You should also find ways to decrease the amount of waste that your company produces. For instance, you might decide to reuse excess materials, or only invest in the stock that you need. In terms of paper waste, you might decide to make your company fully digital, especially in terms of documentation, as this will prevent you from having to store vast amounts of paper documents. This will then prevent you from leaking profits, and can prevent you from having to spend excessive amounts on waste disposal.

Preventing your online business from losing money can be difficult. However, there are many steps that you can take to reduce your expenditure and ensure that your company does not get into financial stress before too long, and this will ensure that your business is able to go from success to success in the future.

What You Need To Know About A Small Business Loans In 2022?

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StrategyDriven Managing Your Finances Article |Small Business Loan|What You Need To Know About A Small Business Loans In 2022?Although small businesses are the backbone of our economy, many of them find the lending process to be difficult and stressful.

When it comes to obtaining small business loans, rising businesses are frequently turned down. In theory, obtaining funding should be difficult—lenders are in the business of making money, not charity. Even so, there are a number of things you can do to increase your chances of securing a loan.

Here are a few things to know about small business loans in 2020.

  • Consider the lender’s perspective: why should they lend you money? Treat your loan application as if it were a job application. You’ll need a terrific application instead of a great résumé. This entails assessing your financial condition and determining what you may use as collateral, which could include your home. A businessperson who performs the latter demonstrates that they believe in their product or service.
  • Other important criteria include cash flow and credit quality. Also, dress properly; if you appear to not require the money, you’ll be more likely to receive it.
  • Determine how much money you truly require. Businesses frequently ask for more money than they require, and the more money you ask for, the more likely you are to be rejected.
  • Make sure you learn from your mistakes. Determine why a lender has rejected you. Address that deficiency when you meet with your next small business loan.
  • Those with bad credit who have receivables in a business-to-business context can utilize them as collateral. Alternative lenders, such as so-called Internet lenders, will offer higher interest rates but have looser criteria in general.
  • Working with Small Business loan lenders should always be a consideration—in most circumstances, it should be your first choice. Many firms mistakenly believe they are ineligible. Low interest rates and long repayment durations are common features of small business loans. It’s also worth noting that just because one small business loan lender rejects you, it doesn’t mean all of them will.
  • You should be aware of what you’re getting yourself into. This entails learning the loan’s annual percentage rate (APR). You should be aware of the costs as well as any prepayment penalties. Become a well-informed shopper.
  • As previously said, online lenders may be able to give cash (and fast) if other options fail, particularly for people with poor credit. Aside from increased interest rates, Internet lenders are known for onerous terms and lack of transparency, so if you choose this way, make sure you actually need the money and can pay it back.
  • Small banks are more likely to be helpful than larger banks, which prefer to work with larger clients.

Conclusion:

Small business operators use business loans to improve cash flow, buy pricey equipment, and expand their businesses. Business loans are usually less expensive than credit cards, and they don’t force you to give up a stake of your company to an investor. Even if your credit score isn’t perfect, alternative business loans are simple to obtain. Before looking for a business loan, consider how much money you’ll need, what you’ll use it for, and how long you’ll need to repay it.

Alternative lenders are critical for small businesses looking for financing that may not be available through a typical bank. These lenders offer a variety of loan options, including merchant cash advances and equipment finance.

How to Use an Online Consultant

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StrategyDriven Tactical Execution Article | How to Use an Online ConsultantWith all of the information that is available at our fingertips, it can be a bit overwhelming to determine what is actually applicable to our business needs. While some people do not mind researching for hours on end to find an answer to their company’s issue, others want a more efficient and custom option that allows them to quickly get the information and advice they need. Because of this, there are online consulting firms that give people the answers they need. Online consultants can help in a variety of ways.

Marketing

Have you ever wondered how your business could better utilize social media platforms like TikTok or Facebook, but did not know where to start? An online consultant with expertise in digital marketing can provide information and advice on how to begin your adventure with social media marketing. This is valuable for a multitude of reasons, but especially because many social media users do not have all of the information about how to properly leverage social media before they actually start using it. Having an online consultant can help business owners avoid embarrassing and unsuccessful social media marketing campaigns before they start.

Finance

Is your business growing faster than you know how to manage? Talking to an online consultant with a financial background can help you determine how to best utilize and maximize your funds. From creating different investment accounts to further building business credit, this type of consultant can help you have better control and understanding of your business funds.

Leadership and Human Resources

Do you want your business to have a better organizational structure than it currently has? An online consultant with expertise in human resources can help your team be better aligned and have more synergy through projects and team goals. From advice about training practices to helping your leadership better understand their management style, an online consultant can help give you the tools to make your organization more efficient and professional as your company grows.

From marketing to human resources and every business function in between, an online consultant can provide efficient, educated and customized advice that is tailored specifically to your business needs. Having an expert work as a resource for your company allows you to focus on what your strengths are and utilize the advice you have received to give your business the tools it needs to thrive.

5 tips on how team bonding can assist to build a solid company culture

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StrategyDriven Corporate Cultures Article |Team Bonding|5 tips on how team bonding can assist to build a solid company cultureProductivity in an organization is no longer solely dependant on an individual’s technical competencies. Organizational culture is now vital to employee engagement and happiness. Happy employees contribute better than unhappy ones. The millennial workforce particularly is more inclined towards working in a positive organizational culture than their previous generation. Research also supports this as a LinkedIn survey shows that 65% of employees would work for a lesser pay and forgo a fancy job title rather than deal with a bad work environment.

Building a positive organizational culture is beyond occasional perks and monetary benefits. When people trust each other and connect with each other on a personal level, they tend to be more committed to their employers and go beyond the call of duty. Team bonding activities are one way to bring employees together on a personal level. Team bonding activities have also gained more popularity post-pandemic as employers are grappling to rebuild positive organization cultures. For example, Organizing team bonding activities in Singapore is now more than just fun. Employees and employers in Singapore have been vocal that the pandemic has taken a toll on mental health and team bonding activities can help in reinforcing a positive work culture. Therefore, team bonding activities are no doubt a highly impactful way to build a solid work culture.

Here are 5 ways in which team bonding helps in building culture:

Builds a set of values and beliefs

The set of underlying values and beliefs within an organization is the foundation of it’s culture. When teams or individuals do not align with these values, a positive organizational culture cannot be built. Team building activities not only help in building these values but also help in preserving them. While doing team activities they also evolve into supporting each other, identifying team strengths, and communicating effectively. Some examples of activities that can help in building these values are lunch or dinners, celebrating milestones, recognizing hidden talents, investing in employee’s individual growth etc.

Fosters personal interactions among team members

Culture cannot exist when people do not interact with each other. Social interactions help team members in understanding each other better and nurturing personal relationships. When teams get together to interact on a personal level, they build lasting bonds and make memorable impressions. These bonds help in building a culture that is welcoming, positive, and enduring. Some examples of activities that build personal bonds are truth or dare, a cooking session, an outdoor game day, movie nights, etc. The most important aspect for an activity to successfully build team bonds is to be as much fun as possible. When individuals build memories while interacting with each other, it leads to positive experiences.

Facilitates interactions between leadership and team members

While building a culture is the foundation, preserving it and reinforcing it as a part of organization’s operations is detrimental to the success of an organization. Leadership of the organization and their interactions with team members are pivotal to reinforcing organizational culture. These activities are an opportunity for leaders to engage with their team members and build trust and empathy. Leaders do not have to be worried about becoming vulnerable or losing authority when they interact on a personal level with team members. These activities allow leaders to build transparent and empathetic connections with team members.

Improves collaboration

A highly collaborative organizational culture is one of the strengths of a productive team. When there is a culture that encourages, supports, and promotes collaboration team members feel welcomed and engaged. Team bonding is critical to building a highly collaborative culture. When team members do not share personal bonds they do not trust each other and collaboration becomes forced. This will also lead to rigid and non-communicative teams. Team bonding activities like escape rooms, scavenger hunts etc are great for improving collaboration.

Boosts employee morale

Lastly, a good organizational culture thrives when employees are positive and motivated. Demotivated employees do not take an active part in building the organization’s culture. Organizing team bonding activities regularly helps in cultivating this positive mindset. As these activities provide an opportunity for employees to interact beyond their work desks, a sense of belonging and camaraderie is developed. Furthermore, these activities also bring together individuals to collaborate on a collective goal. Some examples of team bonding activities that are great for motivating employees are outdoor sports days, group fitness sessions, challenges, etc.

Team bonding activities if well organized can have a significant impact on an organization’s culture. They reflect the organization’s commitment to employee well-being and individual success along with the organization’s success. Building culture is also a collective effort rather than individual. Therefore, organizing team building activities regularly will not only build the company culture but also help in preserving it.