Performance Management
Performance Management
Finance as the Custodian of Enterprise Performance Management
The days of having CFOs responsible for only preparing the statutory financial reports of the business and play the role of the bookkeeper are long gone. Today, finance leaders are expected to play the role of the strategic advisor to senior management and the board,and help drive operational and strategic performance across the enterprise. That read more
Performance Management
Finance Needs To Do More Than Prepare Reports
There is an ongoing discussion about the evolving role of finance and the function’s contribution towards enterprise performance improvement. Thanks to new operating models and emerging technologies, finance has been presented with an opportunity to step up and shine. That is, focus more effort on providing effective decision support that drives organizational success and less read more
Performance Management
Applying Design Thinking to Finance
I recently finished reading The Design of Business: Why Design Thinking is the Next Competitive Advantage by Roger L. Martin. It’s well worth reading. Even though the book was published almost a decade ago, the ideas and principles espoused by the author are still relevant and applicable in today’s business environment. Design thinking is a read more
Finance Value Creation Goes Beyond Running the Financial Side of the Business
Advances in technology are helping the finance function reduce operational costs, streamline processes
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Rethinking The Use of KPIs In The Digital Era
Most companies do not deploy Key Performance Indicators (KPIs) rigorously for review or
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FP&A Leaders are Failing to Deliver Higher Strategic Value
Last month, Prophix Software released its findings from the survey, Defining the Evolution
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Intelligent Automation: The Next Frontier in Finance Transformation
Advancements in technologies and the exponential growth of data are presenting massive opportunities
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Why KPIs Alone Do Not Drive Results
No matter how small or big a company is, all companies aspire to
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KPIs Should Actually Reflect Business Reality
KPIs are an important tool to help us explain progress towards our stated
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