Monthly Archives: November 2021
Harvard Business Review: 4 Principles to Guide Your Digital Transformation
“Clearly, digital transformation is no longer an option, but an imperative. In fact, recent research from Accenture has found that in the three years prior to 2018, firms who led their industry in enterprise technology adoption grew two times faster than laggards. Today, they are growing five times faster. The risk is no longer merely getting left […]
Industry Week: A National Supply Chain Dashboard Could Prevent Bottlenecks—but It’s Not There Yet
“To improve supply chain efficiency and resiliency, this dashboard must collect and share granular-level real-time data about container movements at the ports; train and truck movements to and from warehouses; and inventory movements to retailers. It is essential for the government to cooperate and collaborate with private companies to collect and aggregate this requisite data. […]
CFO Magazine: Dispelling the Myths About CPM Implementations
“CFOs must understand that the benefits of CPM to quickly recoup the investment and lead to value creation in both hard and soft dollars. Among the former, the technology drives down costs by allowing business-unit comparisons to identify and leverage best practices. But there is a soft-dollar return that CFOs should not overlook. CPM technologies […]
CFO Journal: Common Traits, Challenges of Transformational CFOs
CFOs: Consider these questions when assessing your own transformation-leading qualities: Am I willing to rethink ROI? Can I introduce new metrics? Am I comfortable provoking my peers? Can I convey a sense of mission and a set of values to employees, customers, and other stakeholders? Read More at The Wall Street Journal >
CFO Journal: What Makes Transformations Work?
“It means rejecting the myth that transformation is “an event with a start and end, whereby organizations migrate from one steady state to another as opposed to a continuous process of adapting to a highly volatile, ambiguous and uncertain environment shaped by multiple, overlapping disruptions.”” Read More at The Wall Street Journal >
FP&A Trends: Corporate Performance Management in the Age of Agility
One of the key transformation pillars for FP&A Teams is to “optimize the use of technology: Digitalise the forecasting and reporting cycle to promote collaboration and access to data while ensuring security and traceability Take advantage of Artificial Intelligence (including analytics) to solve current problems and improve its ability to anticipate, decide and act Equip […]
McKinsey: The CIO agenda for the next 12 months: Six make-or-break priorities
“The biggest issue with data is that there’s so much of it that companies have tremendous difficulty making sense of it. Data users can spend between 30 to 40 percent of their time searching for data and 20 to 30 percent on cleansing it. The result is often a kind of data drunkenness where companies chase […]
CFO Journal: Reduce Misstatement Risk While Creating Value
“Advanced technology, including automated workflow and controls testing, is an increasingly common feature of a modern internal control environment. These tools can provide real-time information and seamless communication among critical stakeholders—control owners, the internal controls team, and external auditors—to provide an efficient, effective program.” Read More at The Wall Street Journal >
CFO Magazine: The ABCs of CPM Software
“While some CFOs are ahead of the curve in using CPM, most are not. They often see spreadsheets as the quickest and fastest way to stand up some level of CPM-related competencies. Unfortunately, that approach is usually not very successful.” Read More and CFO Magazine >