Tag Archives: Performance Improvement

Analytics and AI: Humans and Machines are Good at Different Aspects of Prediction

Mostly driven by growth in the IoT, and the widespread use of internet, social media and mobile devices to perform search, send text, email and capture images and videos, the amount of data that we are producing on a daily basis is startling. Consequently, companies are turning to data analytics and AI technologies to help… Read more »

How to Transform Your Business in Times of Continuous Change

In times of continuous change, there are both winners and losers. Some company’s grow to become high performing, innovative and competitive enterprises while others develop into fighters, fighting for survival on a daily basis. Today’s business environment is constantly evolving, with many factors both internal and external to the organization affecting the achievement of its… Read more »

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 »

Risk-Based Decision Making

Risk is an inherent element of the business. Given that every business activity or decision has a risk consequence, a business should not expect to operate and progress by making risk an afterthought. Technological advances, evolving customer expectations, volatile markets, global political instabilities, shifting demographics and natural disasters are impacting business models and forcing organizations… Read more »

Current State of Enterprise Risk Oversight

A recent publication, Global Risk Oversight, by North Carolina ERM Initiative, in partnership with the Chartered Global Management Accountant ( CGMA ) provides insights on the current state of enterprise – wide risk oversight, including identified similarities and differences in different parts of the world. Here are some key findings, with emphasis added: Organizations all around the… Read more »