The Ledger
Curated content foranalytical business leaders
Six Considerations for CFOs Managing Through COVID-19
April 30, 2020
“Downturns and recessions are challenging, but some businesses are not only able to come out intact, they are also able to seize opportunities to outdistance their competition and position themselves for future growth. Still, the speed at which the COVID-19 crisis is unfolding may likely require CFOs to use new tools — virtualization and scenario-based forecasting, for example — in addition to the traditional levers they have used to act swiftly and reasonably. Still, the speed at which the COVID-19 crisis is unfolding may likely require CFOs to use new tools — virtualization and scenario-based forecasting, for example — in addition to the traditional levers they have used to act swiftly and reasonably.”
CFOs – What’s your role during a crisis?
April 24, 2020
“Chief financial officers today are positioned to help transform their organizations like never before. As a finance chief, you have the leadership skills, the financial expertise, the strategic thinking and the operational aptitude to guide your company through a once-in-a-career renaissance.”
CFOs Need Models to Understand How Shifting Customer Needs Affects Resources
April 13, 2020
“One of the quirks of the downturn in retail has been an increase in shirt sales while pant sales have dropped, presumably because people participating in video conferences while working from home are paying more attention to their appearance from the waist up. Whatever the reason behind the trend, CFOs can model that kind of change to justify a shift in how resources are allocated within the business. But to pay off, the modeling has to be done in as close to real time as possible. ”
Can Your Analytics Program Handle a Downturn?
April 9, 2020
“Here are two thoughts that are useful for calibrating analysis: (1) An analytics system is only as good as the analysts and the sophistication of the toolsets they employ. (2) A truly next-gen analytics program must encourage analysts to take advantage of the technology tools they now have at their disposal.”
