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 speeding up? Are we making decisions faster as a result of this?”

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Forbes: Why Today’s CFO Must Embrace Enterprise Strategy

“Aspiring finance professionals need to be agile and curious. We need critical thinkers who understand business value drivers and are adept at allocating resources towards the activities that will drive the highest returns on investment. People in financial roles need to be more tech savvy than ever to leverage automation and eliminate mundane transactional work. By creating “time to think,” finance professionals can deliver more timely, actionable insights to the business.”

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SF Magazine: CFOs’ Evolving Views of Tech

“Pandemic-induced changes exposed the inefficiencies of some finance teams that relied on manual processes and outdated systems to complete their activities each month.”

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Industry Week: How Manufacturers Will Digitally Transform in 2022

“Just like manufacturers that failed to switch from manual to automated processes during the Industrial Revolution found themselves obsolete, so it goes with the digital era. Manufacturers that are not digitally transforming, learning how to network their shop floors and gather data for long term strategic assessments and planning are going to find themselves falling well behind manufacturers that do so.”

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Harvard Business Review: The CEO’s Playbook for a Successful Digital Transformation

“The point of a digital transformation isn’t to become digital; it’s to generate value for the business.”

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SF Magazine: Advancing Digital Transformation

“Accounting and financial professionals have relied on spreadsheets for decades, so it should come as no surprise that there’s a reluctance to adopt other analytics tools. As Pamela Schmidt, Kimberly Swanson Church, and Jennifer Riley wrote in “Breaking the Excel Routine” (Strategic Finance, March 2020), “a bias toward the status quo use of Excel has hampered widespread adoption of more advanced data analytics technology tools.” Furthermore, Molly Boyle points to a need for real change in “The Real Costs of Manual Accounting” (Strategic Finance, September 2020): “The way accounting has always been done isn’t sustainable—especially in the current environment. Manual processes tend to be chaotic and time-consuming…”

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Industry Week: Digital Transformation Is Increasingly about Reimagining Manufacturing’s Business Model

“Technology will play an inevitable role in the future of manufacturing. As everybody across the manufacturing ecosystem—suppliers, manufacturers, OEMs, and distributors—embraces the digital evolution in some form or fashion, the choice is no longer whether or not to go digital but instead how fast they can do so.”

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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 behind, but being eliminated altogether.”

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CFO Journal: Common Traits, Challenges of Transformational CFOs

CFOs: Consider these questions when assessing your own transformation-leading qualities:

1. Am I willing to rethink ROI?
2. Can I introduce new metrics?
3. Am I comfortable provoking my peers?
4. 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 >