The Ledger

Harvard Business Review: 4 Principles to Guide Your Digital Transformation

“Clearly, digital transformation is no longer an option, but an imperative. In fact, recent research from Accenture has found that in the three years prior to 2018, firms who led their industry in enterprise technology adoption grew two times faster than laggards. Today, they are growing five times faster. The risk is no longer merely getting left behind, but being eliminated altogether.”

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Industry Week: A National Supply Chain Dashboard Could Prevent Bottlenecks—but It’s Not There Yet

“To improve supply chain efficiency and resiliency, this dashboard must collect and share granular-level real-time data about container movements at the ports; train and truck movements to and from warehouses; and inventory movements to retailers. It is essential for the government to cooperate and collaborate with private companies to collect and aggregate this requisite data. Only by analyzing this data can one predict supply chain performance in the near future.”

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CFO Magazine: Dispelling the Myths About CPM Implementations

“CFOs must understand that the benefits of CPM to quickly recoup the investment and lead to value creation in both hard and soft dollars. Among the former, the technology drives down costs by allowing business-unit comparisons to identify and leverage best practices. But there is a soft-dollar return that CFOs should not overlook. CPM technologies enable CFOs to realign their finance department work to higher value-add functions (decrease in data collection, reconciliation, and consolidation; increase in business analyses and support). And, the insights realized as a result of a CPM system investment help finance chiefs make more informed business decisions and more easily course-correct when circumstances change.”

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CFO Journal: Common Traits, Challenges of Transformational CFOs

CFOs: Consider these questions when assessing your own transformation-leading qualities:

1. Am I willing to rethink ROI?
2. Can I introduce new metrics?
3. Am I comfortable provoking my peers?
4. Can I convey a sense of mission and a set of values to employees, customers, and other stakeholders?

Read More at The Wall Street Journal >