The Ledger
Curated content foranalytical business leaders
Changing Your Planning Landscape
October 3, 2017
Nobody likes change, even if that change has no material impact on us. With change comes uncertainty and the need to adapt. This is why static planning has been so difficult for companies to let go of because it is a stable form of planning. Unfortunately, we now live in a world where that luxury of stability no longer exists, and we must have the flexibility and agility to adapt to increasing uncertainty. Now, companies must start transitioning to dynamic planning. The ability to communicate within teams and across departments is vital to the success of implementing and executing dynamic planning.
Read More at The Digitalist by SAP >
Where Will Today’s Financial Innovations Lead?
October 2, 2017
Predicting the future of finance is an interesting task. With all of the financial innovations of some kind or another happening in almost every company, it is difficult to see what the future will bring. “Today, the financial world is at the cusp of enormous change that renders the future both exciting and murky. Blockchain, artificial intelligence (AI), machine learning and robotic process automation (RPA) hold all sorts of promises for solving the banking problems of today. When these technologies are fully realized, what will banking look like?
Read More at Global Finance Magazine >
FP&A Takes Its Place At The Strategy Table
September 29, 2017
CFOs working to transform their finance departments are focused on opportunities to add more value through the FP&A function. Deloitte discusses the “Three C’s” framework – capacity, capability, and collaboration – as a way to “support everything from operational decision-making to organizational strategy.” By focusing on predicting performance and impact, gathering the right talent, and establishing and integrated FP&A function, companies can unlock powerful operational and strategic insights.
The Rise of E-Commerce is Transforming Traditional Retail
September 27, 2017
Retail giant, Toys “R” Us recently filed for bankruptcy, but they are not the first, and definitely won’t be the last brick-and-mortar business to close its doors. The news is part of a larger trend of closings that some are calling the “retail apocalypse”. The rise of e-commerce, combined with a shift in consumer preference toward dining out over shopping and with years of overbuilding has made for distinctly unattractive economics in traditional retail. While many businesses are closing, this retail transformation is providing an opportunity for other retailers to thrive.
Read More at The Harvard Business Review >
