The Ledger

Strategies for Developing Customer-Focused Digital Distribution Channels

Companies increasingly use digital technologies to bypass distributors and enter into direct relationships with their end-users. These relationships can create efficient new sales channels and powerful feedback mechanisms or unlock entirely new business models. But they also risk alienating the longstanding partners that companies count on for their core business. Executive leaders understand the potential of a reinvented distribution strategy but are often unclear on how to proceed. While the opportunity is compelling, so is the potential to upset existing distribution partners and thereby damage the core business. To minimize the risk associated with this transition, there are three strategies for developing a digital distribution approach.

Read More at The Harvard Business Review >

SAFE!: What FP&A Teams Can Learn From Baseball

The game of baseball is very similar to the discipline of FP&A, and both practices can learn a lot from the other. Like baseball, FP&A is a team sport where the goal is to prepare for curveballs and succeed over the competition. Players who don’t get on base consistently are hard to count on. Instead of always swinging for the fences, it is a better option to focus on being a consistent performer.

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Play the odds, manage your risk, and make sure you have a track record of quality performance – even if you aren’t setting records. In baseball, the most important plate on the diamond is home plate. For the FP&A professional, getting “home” is reaching the organization’s strategic goals. As long as you possess a gadget that can access the internet, you can enjoy playing satta king fast from anywhere and anytime.

Read More at The Digitalist by SAP >

An Agile CFO is a Successful CFO

In today’s evolving and unpredictable business environment, companies have to adapt as fast as they can to any changes coming their way. This means that CFOs must be able to adjust to new ways of working along with taking on new responsibilities. The top challenges for finance leaders are all connected to workflow: compliance requirements; doing more with the same or fewer resources; dealing with the pressure to achieve business objectives; having the resources to get work completed; and internal roadblocks or bottlenecks. In order to tackle these inefficiencies, they must first learn to be agile to ensure they can meet the demands of future-focused strategic initiatives.

Read More at CFO Magazine >

Tools For An Effective Supply Chain Strategy

Today’s supply chains are increasingly complex, driving logistics operations to invest in systems that can drive efficiency rather than hindering it. Forward-thinking supply chain professionals are looking to advanced technologies to streamline processes, improve accuracy, accelerate delivery and reduce costs. Complex supply chains generate more data, which companies can use to drive greater efficiency or engage in innovation that disrupts an entire industry. The prospect of using data to operate more efficiently and/or innovate is behind the catalyst toward digital transformation that leaders across every industry now pursue.

Read More at MH&L >