The Ledger
Curated content foranalytical business leaders
McKinsey: Overcoming the Core-Technology Transformation Stalemate
October 30, 2020
“Which approach describes your digital transformation? “Repaint” by making the minimum investment required to maintain existing operations and digital channels; “renovate” through gradual but persistent upgrades of the core and more substantial improvements when necessary; and “rebuild and replace,” by building or buying a completely new IT stack (or large portions of it) and migrating the existing business to it. As companies progress on their transformation journey, they may switch from one archetype to another.”
SF Magazine: A Data-Driven Approach to the Pandemic
October 29, 2020
“It has never been more urgent for businesses to adopt data analytics. Insights from data analytics are required to surpass, or, in some instances, merely remain on par with, competitors. Companies leveraging data analytics in response to the pandemic have already progressed along the path to digitization by establishing a data ecosystem—the infrastructure, applications, and analytics needed to drive business intelligence, generate insights, and inform strategic decision making.”
FP&A Trends: Let Traditional Budgeting be a Victim of this Pandemic
October 28, 2020
“Instead of annual forecasts of things that cannot be predicted or controlled, with December 31 as the fictitious deadline, companies should monitor the reality on a regular basis and work more with trend analyses and unbiased (mathematical) forecasts.”
AllBusiness: Looking to the Future: 5 Steps to Better Financial Projections During Covid-19
October 27, 2020
“Almost overnight, a global pandemic turned the status quo on its head, and individuals and businesses were left scrambling to adapt and overcome the challenges they faced. Click on https://ncplanning.com/business-corporate-planning/ to access important information regarding business laws.
For some businesses, that was a loss in foot traffic or a change in consumer behavior. For others, it was a problem downstream in their supply chain, distribution network, or development pipeline, which reverberated back.”
