Determining Your Company’s Key Performance Indicators
The identification of KPI’s begins with defining the organization’s strategy. One of the most effective frameworks used in strategic planning is called Objective and Key Results (OKR).
The Power of Excel
I recently came across a LinkedIn post titled “Excel is Dead”. The post was by Lance Rubin a great financial modeler and one of many great finance professionals I follow on LinkedIn. If you are interested, you can click on the link to read his article Excel is Dead. In addition to the article a…
More Data ≠ Competitive Advantage: Using Business Intelligence to Drive Revenue and Profits
In today’s business world one constantly hears that to compete one needs to understand and use technology to one’s advantage. This is also true in the Financial Planning and Analysis (FP&A) world and we constantly hear about the various technologies and tools we should be using that will make forecasting easier, more accurate and beneficial…
Predictive Analytics: Promise, Profit & Peril
“People … operate with beliefs and biases. To the extent you can eliminate both and replace them with data, you gain a clear advantage.” Michael Lewis Moneyball: The Art of Winning an Unfair Game Analytics married to Big Data these days must appear to many CEOs as a corporate fountain of youth, capable of shedding…
5 Views of Risk: How Big is Your Ocean of Financial Risk
“BUSINESS IS ALL ABOUT RISK TAKING AND MANAGING UNCERTAINTIES AND TURBULENCE.” BY GAUTAM ADANI, BUSINESS TYCOON Late this September, the movie, Deepwater Horizon will appear in theaters. The high level of interest in this release can be recognized, with over five million movie trailer view from YouTube. What could engage so many viewers in this…