Monthly Archives: May 2022
Industry Week: Lost in a Merger, this Supply Chain Strategy Deserves a Comeback
“Bottom line, it is in an OEM’s best financial interests to provide its strategic suppliers with the same level of improvement support they would receive if they were internal factory departments. Under this approach, strategic suppliers would no longer just be given tactical performance goals and expected of their own accord to achieve them. Instead, […]
CFO Magazine: 3 Hurdles to Moving on From Excel
“But Excel does not always deliver what finance needs at a time when organizations are moving away from manual tasks and siloed data.” Read More at CFO Magazine >
McKinsey Digital: Digital Transformation on the CEO Agenda
“The point of digital transformation isn’t to become digital. It’s actually to generate value for the business. Are there more people within my organization that understand how to use technology or data better in their day-to-day working? Is it starting to transform the culture? Can I start to see the metabolic rate of the organization […]
CFO Dive: Finance is a Team Sport: 4 Ways Finance Leaders Can Collaborate to Deliver Insights
“With their strategic focus and statutory oversight, CFOs have always been utility players to some extent, and now it’s time to expand the bench by creating internal finance champions. CFOs who free up the finance group for more strategic work, take a deep dive into operational data, work alongside colleagues to address the issues that […]
Industry Week: The Next Supply Chain Disruption?
“What does this look like in the real world? Curtiss, a maker of high-end electric motorcycles, has worked with Fast Radius to prototype parts for its flagship bike, using both CNC and additive technologies, and now it’s using the digital manufacturing firm to ramp up production. According to a case study published by Fast Radius, […]
CFO Dive: Just 30% of CFO-CIO Relationships are ‘Collegial’: Gartner
“There are a number of steps that CFOs and CIOs can take to work better together, Rathindran said. For example, CIOs can have more empathy for the earnings targets that CFOs must hit, while CFOs could show more empathy for why an iterative approach to funding and executing digital projects is needed, he said.” Read […]
CFO Magazine: Data Integration Drives Successful Mergers
“It’s far too easy for a deal to fail without a data integration game plan because of disparate data and disconnected systems. However, choosing the right approach to data integration depends on several variables, including available resources, timelines, and complexity, to name just a few.” Read More at CFO Magazine >
CFO Magazine: Growing Pains: Stuck on Excel
“But “Excel is not a good tool when you’re seeking to coordinate the operation of a multinational company,” said Bruce Lynn, managing partner of The Financial Executives Consulting Group (FECG). “I have my spreadsheet, you have your spreadsheet, everybody else has their spreadsheets, and none of them talk to each other.” Still, many finance departments are […]
FP&A Trends: Financial Planning and Analysis: Relevant, Reliable and Agile
“Scenario Planning is key, but it needs to be predicated on the right business drivers, run at the right frequency, and address the right business questions.” Read More at FP&A Trends >