Monthly Archives: January 2022
CFO Journal: How CMOs and CFOs Can Collaborate on Pricing
“Companies should build a capability around pricing and revenue management, just as they have built capabilities around R&D, finance, marketing, and operations. Pricing is critical—it touches everything in the organization. Companies should have a coordinating function that forces a dialog between CMOs and CFOs, and they should have the data, insights, and tools to support […]
FP&A Trends: How to Manage Profitability in Uncertain Times
“Profitability is more than revenue minus cost…For example, along with revenue, costs/expenses, it also is important to know the life cycle of the product, or the entire product portfolio and its business drivers. Macro concepts like the business sector and economy also play part in arriving at profitability holistically.” Read More at FP&A Trends >
CFO Journal: Remove Blinders to Navigate Uncertainty
“At a time when companies face competition that is both fiercer and faster, using an obstructed or incomplete outlook as the basis for decision-making can result in bad outcomes. Before they can gain a complete view of the marketplace, leaders may first want to take a hard look at their own blind spots.” Read More […]
Deriving Value in Healthcare
Although the primary focus is saving lives, healthcare is still a booming industry that relies on growing profits to maintain competitiveness. In many industries, the products and services offered are standardized or systematic, making it possible to . However, healthcare is caring for patients who are all different and unique which makes calculating cost, profitability […]
CFO Journal: Reimagine the Future of Internal Controls
“Organizations can leverage the recent rapid acceleration of digital transformations to automate and monitor many controls operations. Automation can help alleviate some of the pressure on internal controls functions, reduce costs, drive efficiency, and promote effective management of risks and opportunities. Automation combined with powerful analytics can also create transparency into key risks, business objectives, […]
FP&A Trends: Financial Planning in the Age of Uncertainty
“Uncertainty can take many forms. It can manifest in a natural disaster, the merger or acquisition of a competitor, geopolitical changes, or a global pandemic. In fact, the current Covid-19 crisis has challenged the forecasting models used, especially when it comes to predicting the evolution of a company’s business in a highly uncertain environment.” Read More at […]
Harvard Business Review: 3 Strategic Options to Deal with Inflation
“Inflation in 2022 is a different story. Managers now enjoy a level of market visibility and agility that their predecessors could have hardly imagined even one generation ago. Managers have much better data and more sophisticated tools to analyze and turn this data into a useful information to support decisions. It’s an ideal time for […]
CFO Journal: How to Act in the Face of Uncertainty
“Until recently, business leaders could assume that the immediate future would bear enough resemblance to the recent past that they could construct sturdy forecasts out of the data, assumptions, and real-world experience they’d been accumulating. Relying on continuity from past events, however, has always been a specious practice, especially in fast-moving industries, and can be […]
CFO Magazine: 2022 Outlook: CFOs’ 4 Realms of Risk
“Corralling all the data required to get better at planning and forecasting and timely decision-making will not be a piece of cake. A Harvard Business Review Analytic Services study found that many finance teams struggle with accurately preparing, reconciling, and accessing high volumes of information; integrating recent or real-time data into analyses; and analyzing data, forming recommendations, […]