Bank of Georgia elevates data-driven decision-making with think-cell
5 min read
Contents
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Company name |
Bank of Georgia |
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Headquarters |
Tbilisi, Georgia |
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Employee count |
7000+ |
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Industry |
Banking |
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Website |
Bank of Georgia (BOG) is one of the largest and most respected financial institutions in Georgia, playing a pivotal role in the country’s economy. Headquartered in Tbilisi, BOG serves a diverse customer base with a wide range of banking and financial services. The bank’s commitment to innovation and customer-centric solutions has made it a leader in the industry, with a strong focus on leveraging data to drive business decisions.
Challenges faced
As the Head of Analytics in the Products Development Unit at Bank of Georgia, Mariam Lelashvili is working with a team of over 100 data scientists and analysts.
"The primary goal of my team is to provide data-driven insights to various business units within the bank, helping them make informed decisions"
However, the team faced significant challenges in effectively communicating complex data insights to non-technical stakeholders.
“Before we adopted think-cell, our team struggled with presenting data in a way that was both clear and compelling to our business stakeholders. We were spending an enormous amount of time creating and updating presentations, and the complexity of our data often led to miscommunication and frustration”
Mariam added.
The need for better communication was critical. The data team was spending months developing advanced models and algorithms, only to find that business units were not adopting the outputs due to a lack of understanding. This misalignment was not only wasting time but also limiting the impact of the data team’s work on the bank’s strategic initiatives.
How think-cell helped
Recognizing the need for a more efficient and impactful way to present data, Mariam introduced think-cell to her team. Having used the tool in her previous job, she knew the value it could bring.
“think-cell has been a game-changer for us. It allowed us to quickly create Gantt charts, tables and waterfall charts, which are critical for our project updates. The tool’s intuitive interface made it easy for our team to learn and use, significantly reducing the time we spent on presentation preparation”
Mariam shared.
By seamlessly integrating with PowerPoint, think-cell enabled Mariam’s team to:
Enhance communication
The tool allowed the team to present complex data in a clear, professional manner, improving understanding among non-technical stakeholders.
Save time
Automating chart creation and updates cut the time spent on presentations by half, allowing the team to focus more on analysis and less on formatting.
Boost professionalism
The polished, McKinsey-like presentations created with think-cell improved the team’s credibility and the perception of their work within the bank.
Results
Efficiency gains
The adoption of think-cell at Bank of Georgia has resulted in remarkable improvements in efficiency and the quality of communication.
“Since implementing think-cell, our presentations are not only faster to produce but also much more effective in conveying our message. The team has cut down presentation creation time by 50%, allowing them to focus more on refining analyses and delivering greater value to the business"
Mariam added.
Enhanced stakeholder relationships
The impact of think-cell on stakeholder relationships has been significant. With more professional and clearer presentations, the data team has bridged communication gaps with business units, fostering better collaboration and more informed decision-making. Mariam noted:
“The feedback from our stakeholders has been overwhelmingly positive. Our C-level executives have even commented that our presentations now resemble those of top consulting firms like McKinsey”
Improved decision-making process
think-cell has helped improve the reporting process a lot and has contributed to the decision-making process. The increased efficiency and clearer communication have allowed product owners to present data and findings better, leading to improved decision-making and business results.
Indispensable tool for success
Mariam concluded:
“If we were to lose think-cell, it would be a huge setback for us. It’s become an indispensable part of our workflow, and we simply can’t imagine going back to the way things were before”
Experience the same transformation in your presentations and decision-making
About think-cell
Founded in Berlin in 2002, think-cell is the de facto standard for creating professional presentations in PowerPoint. With productivity tools and support for 40+ chart types, all of the top 10 global consulting firms rely on think-cell. It is the software of choice for the DAX 40 and Fortune 500 companies and is taught at 9 of the top 10 US business schools.
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