Clik here to view.
Enabling Performance Management Part Two: Strategy to Execution Lifecycle
Corporate performance is measured in financial years. However, strategic plans more often span multiple years while containing shorter-term targets that map to the performance sought in the current...
View ArticleClik here to view.
Avoiding Olympic-Sized Overruns: Set Realistic Expectations
Prior to the start of the London Olympics, many stories aired about the colossal budget overrun. These types of overruns are not uncommon for large, complex projects. Major IT projects in particular...
View ArticleClik here to view.
Too Much Analysis and Not Enough Action?
Most of us at some time another, inspired to change our ways for the better, have read at least one self-improvement book. In fact the self-improvement industry in the U.S alone tops $11 billion...
View ArticleClik here to view.
CIOs CFOs: Tell Me What I’ve Got Wrong?
Both CIOs and CFOs report they want to be more involved with corporate strategy. This makes perfect sense. Determining strategy is one of the most rewarding activities for anyone with an interest in...
View ArticleClik here to view.
Rethinking Analytics for the Enterprise
In the last post, I shared some research showing there is still a gap to close with analytics in most organizations still being the domain of experts rather than a what the Tapscott Group – founded by...
View ArticleClik here to view.
Enabling Performance Management Part Three: Metrics and KPIs
Measures, metrics, key performance indicators (KPIs). Unsure about which term to use? You’re not alone; and in all likelihood, you hear these terms bandied around interchangeably. Try doing a Web...
View ArticleClik here to view.
IT Costs Are Going Up and Not Enough Is Being Done to Control Them!
Demand and spending on IT have increased dramatically in the last 50 years—but the resources, skills, and methodologies that are needed so that IT can manage itself effectively and deliver more...
View ArticleClik here to view.
Enabling Performance Management Part Four: Best Practices in Key Performance...
Key performance indicators (KPIs) would seem, on the surface, one of the most straightforward topics to grasp. However the process of defining a meaningful set of KPIs is a lot harder than it might...
View ArticleClik here to view.
IT Priorities: Nothing Changes in the Face of New and Big Changes
Towards the end of the year, McKinsey releases its global survey on IT. In these surveys, they ask “executives across all functions, industries, and regions about their companies’ use of, expectations...
View ArticleClik here to view.
Performance for the Public
I often have the pleasure to work with customers to understand the business impact of the software they’ve implemented, so that they can construct well-balanced case stories that their industry peers...
View ArticleClik here to view.
Is Cost Management Out of Step with the Needs of Global Manufacturing?
Manufacturing has changed dramatically over the last 50 years with the de-industrialization of the west and a significant shift in production towards countries such as China and India. These were once...
View ArticleClik here to view.
Are You Ready to Mobilize Your Finance Organization?
Recently, I walked into a family owned coffee shop and ordered my latte. It was a very pleasant experience, but it was also atypical—the sweet lady took my order on an iPad and asked if she could...
View ArticleClik here to view.
Are Your Human Resource Metrics Relevant?
There are many presentations and discussions about how analytics and “Big Data” can improve decision making—a simple Google search on the terms returns close to 8 million results. Organizations find...
View ArticleClik here to view.
Integrated Business Planning — the Inevitable Journey for Finance
It should come as no surprise that the next mile of finance is upon us – changes are afoot in the world of budgeting and forecasting. Traditionally, this has entailed the finance organization...
View ArticleClik here to view.
Integrated Business Planning — What It Is and How to Start
In my last blog, Integrated Business Planning— the Inevitable Journey for Finance, I discussed the many challenges that are driving companies to pursue Integrated Business Planning (IBP). Today, I want...
View ArticleClik here to view.
What is Enterprise Performance Management
When we’re immersed in an area of expertise, it’s all too common to assume everyone knows what the acronyms mean—ERP, CRM, or EPM for example. BI (Business Intelligence) is another one. So I was...
View ArticleClik here to view.
Sustainability and Technology are the Drivers of Financial Performance...
Debate will rage as to the longevity of the current low-growth, high-unemployment economic volatility and whether it’s really a “new normal,” or even if it’s really all that new. In fact, there’s...
View ArticleClik here to view.
Seven Common Scorecarding Mistakes to Avoid
Any new endeavor takes time to master. Realistically, it takes at least three attempts to acquire the requisite experience needed to get it right. This is certainly true of IT projects (at least in my...
View ArticleClik here to view.
Predict, Execute and Control: the mantra for better Financial Planning and...
Managing financial planning and analysis is an end-to-end process that starts with strategy definition and documentation. It then goes through the detailed planning, budgeting, and forecasting...
View ArticleClik here to view.
Yes, Performance Management means more than Planning and Budgeting
Analysts, consultants, and software vendors alike are espousing the virtues of end-to-end, integrated software solutions to enable financial planning and analysis processes. Despite this, the majority...
View Article
