The Ledger

CFO Journal: Take Five: Steps to Building a Strategically Adaptive Enterprise

“Finance leaders now confront an environment where both the speed and complexity of change forces them to make choices in shorter time frames and disruption has become a continuous, compounding condition. As discussed in the first article in this series, exponential enterprises with a high ability to win reinforced by a high capacity for change outflank their rivals in creating and sustaining superior valuations and performance. These two characteristics enable businesses to respond quickly and advantageously to accelerating technological, social, and geopolitical change while also remaining on-track to achieve long-term strategic ambitions.”

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Industry Week: Lost in a Merger, this Supply Chain Strategy Deserves a Comeback

“Bottom line, it is in an OEM’s best financial interests to provide its strategic suppliers with the same level of improvement support they would receive if they were internal factory departments. Under this approach, strategic suppliers would no longer just be given tactical performance goals and expected of their own accord to achieve them. Instead, OEMs would collaborate with and assist them—as needed—in their strategic continuous improvement efforts.”

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CFO Magazine: 3 Hurdles to Moving on From Excel

“But Excel does not always deliver what finance needs at a time when organizations are moving away from manual tasks and siloed data.”

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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?”

Read More at McKinsey Digital >