Monthly Archives: June 2020
McKinsey: Data Governance is Critical to Capturing Value Through Analytics
“Without quality-assuring governance, companies not only miss out on data-driven opportunities; they waste resources. Data processing and cleanup can consume more than half of an analytics team’s time, including that of highly paid data scientists, which limits scalability and frustrates employees. Indeed, the productivity of employees across the organization can suffer: respondents to our 2019 […]
Employ Strategies to Turn Around Business Performance
“Explore strategic options under a “no-constraint rule”. Many finance business partners were not able to get the best ideas out of their key internal stakeholders because many gave strategic options vis-à-vis the resources the business had. Suggestions for turning around the operations become constrained by the resources these stakeholders thought they had or could deploy […]
Nine Key Traits from CFOs at Efficient Growth Companies
A recent Gartner survey of CFOs have identified nine traits CFOs should implement for better performance during a crisis including fighting scope creep, protecting costs that support competitive advantages, and using a mix of budget models to identify the activities that truly deliver value. Read more at Gartner >
Digital transformation programs need the right talent to success
“Success [for digital transformation programs] requires bringing together and coordinating a far greater range of effort than most leaders appreciate. A poor showing in any one of four inter-related domains — technology, data, process, or organizational change capability — can scuttle an otherwise well-conceived transformation. The really important stuff, from creating and communicating a compelling […]