The Ledger

Industry Week: What Makes a High-Performance Organization?

“The process for developing a high-performance organization requires measurement. If you value something, then it should be measured. If you think that measurement is unnecessary, then you do not place much value on the activity.”

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SF Magazine: Change Your Approach to Finance Strategy

“We used to spend a lot of time analyzing historical data to in­form business planning; we’ve now switched to a predictive approach to financial planning, looking at a wider range of key indicators such as sales pipeline data. This allows finance professionals to help senior management project what’s likely to happen and make better decisions through the use of real-time data.”

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CFO Magazine: Preparing for an Uncertain Future Requires Agility

There are several roadblocks to a full-fledged commitment to finance digital transformation. Some of those include:

• Legacy platforms make significant cross-functional changes difficult to execute
• Little or no resources committed to reskilling
• Inadequate change management processes
• Difficult to perform cost-benefit analysis because there aren’t always hard-dollar benefits

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Industry Week: 5 Lessons from Silicon Valley that Translate to Manufacturing

Today, most industrial companies are not in a position to make data-driven decisions and are quite unfamiliar with business experiments. They lack the required transparency into their processes and are challenged by insufficient data integrity. To address this, every industrial company needs to develop a data strategy—thinking about which data should be collected, stored, and analyzed to drive decisions going forward. It starts by answering the question: What data is needed to inform strategic decisions and to drive improvements every day?

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