Monthly Archives: May 2017
To be Successful, Focus on Productivity Over Efficiency
Often times, strategy and efficiency are seen as synonyms. When it comes to strategy, however, efficiency and productivity are very different. At a time when so many companies are starved for growth, senior leaders must bring a productivity mindset to their business and remove organizational obstacles to workforce productivity. This view differs substantially from the […]
US Poultry Financial Management Seminar 2017
Dates: June 26-28, 2017 Location: Omni Amelia Island Plantation Resort | Amelia Island, FL Description: The Financial Management Seminar ensures that industry financial managers stay informed of accounting practices and tax laws that affect the industry. The seminar also previews current economic conditions and future trends that impact poultry and egg firms. Speaking Session: See the Future: […]
Empower Your Workforce with Automation
There has been a lot of hype around automation these days, but executives may not be focusing on the most important changes that come along with it. Instead of questioning which jobs will be replaced by these new technologies, they need to be thinking about how their workforce will be redefined by them. To start, […]
Don’t Get Lost in Your Strategy
While finance executives can easily answer the question, “What is your strategy?”, they tend to struggle with answering, “How do you make decisions about changing your strategy?” This can be an issue since the process for creating the strategy impacts the strategy itself. An article from Harvard Business Review, The Different Approaches Firms Use to […]
How to Cure Your Cost Management Fatigue
Many finance executives know the struggle of attempting to implement cost-cutting initiatives that fall flat and never produce results. This happens for two reasons. First, most organizations wait until they have a problem to act. They do not anticipate any changes in the future and fail to make a contingency plan in case these changes […]
The Dark Side of Innovation
Finance heads have become addicted to innovation. Many companies are in a hurry to be the first to market the newest product or catch up to the competition. This focus tends to blind companies to the potential downside of adding a new product, like costs and added complexity. Excess innovation like this leads to little […]
Webinar: Best Practices to Leverage SAP Data For Forward-Looking Business Simulations
Do you need help answering the one question every CFO really wants to know – “How will this change affect my P&L?” Hear how companies leverage SAP data and other sources to establish a robust business simulation platform that shows costs and profits at every business dimension. This session, presented by 3C Software CEO Matthew […]
It Pays to be Agile
It isn’t enough for finance teams to just keep up with the competition anymore. To be successful, they must be able to anticipate change and come up with contingency plans for all possible scenarios. The future is unpredictable and that can lead to financial instability if a company is unprepared. If the finance team is […]
How Much Can a Sophisticated Dynamic Planning Tool Elevate Your Planning Process?
Planning Processes have evolved immensely over the years; from fourth-quarter only planning with a lot of time spent adjusting throughout the year, to twelve- month rolling forecasts and ultimately to sophisticated dynamic planning tools that enable finance professionals to accomplish real-time planning. These solutions, like ImpactECS, enable a single, consolidated view of all planning and […]