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DATA ANALYSIS

                                                                                                                                                               FOR BUSINESS
                        3.5                                                                                                                                  IMPROVEMENT


                                                                                                  …the power of data




                                       O3-A1: Intergenerational approach and collaborative training guidelines

                As a first step partners will develop the methodology for an intergenerational approach as chosen to
                                                                                     Professionals  can  use  data  analytics  to  improve  business
                       deliver the training. The aim of this output is to create long term relationships between an
                                                                                     performance. How to use analytics to drive business growth:
                  entrepreneur, responsible for running a retail business and a youth, who will help them introduce

                        sustainable changes to the business. In order to reach this objective, a framework for the
                                                                                         Optimize  workflows  to  improve  employee  productivity  and
                                                                                     •
                  collaboration will be developed. The relationship will be be voluntary and included as such in the
                                                                                         engagement
                   framework but encouraged in order to maximise participation in the training activity and further

                 apprenticeship programmes. Partners will explore existing suitable frameworks that can be used in
                                                                                         Monitor data to enhance cybersecurity
                                                                                     •
                the RETAIL project. In addition, partners will seek involvement of relevant networks to increase the
                                                                                         Track consumer behaviors to enrich customer experiences
                                                                                     •
                       project scope. For instance, DCC is a member of the Enterprise Europe Network with EASME
                actively encouraging members to collaborate and engage with all relevant EU projects. Partner will
                                                                                         Monitor market trends to launch new products and services
                                                                                     •
                     also explore other relevant programmes such as mobility programmes (Erasmus+, Erasmus for

                                                                                         Measure performance of marketing campaigns
                              young entrepreneurs), etc. From this work, a methodological report will be issued.
                                                                                     •
                                                                                     •   Use data insights to inform business strategies



                                                                                     •   Lead teams with data-driven decision making




  Image by <a href="https://www.freepik.com/free-photo/office-workers-using-finance-
  graphs_42621736.htm#query=data%20analysis&position=4&from_view=search&track=ais">Freepik</a>
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