Category: Performance Management

Why KPIs Alone Do Not Drive Results

No matter how small or big a company is, all companies aspire to achieve superior business performance that beats the odds. Meeting after meeting, they map out a road map for achieving this success. KPIs are brainstormed and a select critical few to focus on defined for monitoring. Designed to track performance against targets and […]

KPIs Should Actually Reflect Business Reality

KPIs are an important tool to help us explain progress towards our stated goals and strategic priorities. Despite their usefulness in helping us understand where we are coming from and where we are going, KPIs are not well understood in many business settings. The key part is the one that is a significant problem. One of […]

How Finance Can Improve at Influencing Business Decisions

These days the pressures and challenges a business faces are constantly changing and the finance function, along with the organization as a whole, must be ready to adapt. Finance must act as a navigator and support business leaders with information and analysis about the organization’s position and course, contribute to strategic decision-making and enterprise performance […]

Achieving Sustainable Competitive Advantage

Today, businesses are operating in an intensely competitive environment. New products and markets are continuously being created disrupting the traditional offerings. To succeed in this environment, your business needs to shake up the status quo and avoid competing in exactly the same way as your rivals. When it comes to competitive advantage in business, it […]

Finance in the Digital Age

The face of the finance function is changing every day but do we really understand what this means in reality? I love to mentor young professionals and offer them advice that can help them propel their careers forward. One of the many questions I often get asked is “With all the technological advancements taking place, […]

Increasing Finance’s Relevance to the Business

To remain successful and relevant to the business in today’s VUCA environment, Finance must move beyond the control and compliance status quo, become a better business partner, and provide insights that enable decision makers to allocate resources effectively and grow the business. Become a better business partner Finance Business Partnering (FBP) reaches far beyond number […]

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