The Ledger
Curated content foranalytical business leaders
Industry Week: 5 Lessons from Silicon Valley that Translate to Manufacturing
November 4, 2020
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?
Read more at Industry Week >
Robert Kugel on LinkedIn: Fundamental Change is Coming to ERP Systems
November 3, 2020
By the end of the 2020s, ERP systems will have a different look and fulfill a broader role in organizations. CFOs and controllers must have an ongoing process to evaluate how technology can improve both the department’s efficiency and its ability to deliver more timely, useful analysis and advice to the rest of the organization. To be successful, these executives will need to be less hesitant in adopting new technology and the new techniques that become possible. They also need to manage a department that can—and is willing—to adapt to more rapid change than in the past.
SF Magazine: Considerations in Data Analytics Problem Structuring
November 2, 2020
There are three key elements that should be in place before kicking off a data analytics project – understand the real need, understand the users, and understand the problem complexity.
FP&A Trends: 3 Ways to Organise FP&A Teams: The Pros and Cons
November 1, 2020
In general, there are three typical ways FP&A teams are organized – by function, by line of business, or by geography. What’s the best option for your team?
Read more at FP&A Trends >
