The Ledger

Curated content for
analytical business leaders

From Uncertainty to Agility

“The COVID-19 crisis has highlighted the need for sophisticated, institutionalized risk management, including real-time scenario planning, business continuity planning and “sense and respond” capabilities. In the aftermath, we will likely see greater flexibility in network capacity, more local and multi-sourced supply, and multi-skilling of employees.”

Read more at SCM World >

Modeling Through the Current Crisis

“Creating financial and operating models is critical to creating alignment across the enterprise, and FP&A professionals are making numerous scenarios to understand actions, impacts and options. FP&A professionals have a sober view of the duration of this crisis, with 66% creating financial models that assume the crisis will last for three quarters or more. This was consistent across companies of all revenue sizes.”

Read more at AFP Online >

CFOs are Best Positioned to Drive Digital Transformation

“Research from Accenture identifies that 77% of CFOs surveyed believe it is within their purview to drive business-wide operational transformation. Yet, a reliance on antiquated tools can stand in the way of digital reinvention, which could lead to missed opportunities or inaccurate forecasts that undermine performance.”

Read more on LinkedIn >

Does Your Business Have a “Digital” Nervous System

“Think about the systems and processes your business uses daily. These systems are your company’s nervous system. The key to sustaining your business is understanding where these systems are struggling and developing strategies to ensure your enterprise stays healthy and robust in the long term.”

Read more at ITPro >