Some will say that what Santa Claus does is not a business. I disagree.
Some elders believe Millennials are spoiled and have been allowed too much to “have it their own way.” I say nonsense to this claim. We need youth to implement data management methods and techniques that their elders are hesitant, reluctant, or fearful to try.
By now you’ve heard of SaaS (software-as-a-service) and PaaS (platform-as-a-service), but how about CaaS – Crime-as-a-Service?
There is a game that used to be popular in arcades called “Whack-a-mole”. The game was pretty simple in concept, you have an enormous (soft) hammer, and there are 7 or 8 moles (small rodents) that popped up one at a time and you had to hit them. As you hit one, another popped up. So you never actually solved your fake rodent problem - as soon as you solved the one, another popped up.
New research on Critical Capabilities for Corporate Performance Management Suites evaluates 12 vendors across 9 critical capabilities in CPM.
Manufacturers should be asking themselves one basic question: what’s the value of these emerging IBP applications? And more specifically, the models that comprise them. What they’ll often find is that they are leaving significant value on the table that traditional CPM systems can’t support. Which will cause some to ask, is it time to replace our CPM systems?
Watching the World Cup made me think of the upcoming American Football season, and I began pondering how this sport is similar to the way the CFO, CIO, and other executives work with their managers and employees who must improve an organization’s performance using analytics, Big Data, and integrated enterprise and corporate performance management (EPM/CPM)…
The Rise of Financial Analytics in Enterprise Strategy
With the rise of analytics, in many organizations Finance is expanding its role, providing increasing value in other functional areas and looking for ways to deliver greater value as a business function. Nowadays Finance has become the enabler of analytics and decision support. The reasons are simple: as the economy evolves, Finance data is rapidly being deployed outside its traditional scope. Finance also has an ability to apply analytics above and beyond traditional delivery channels.
A recent article in CFO magazine (Fixing Finance: Work in Progress, March 27, 2014) discusses the great improvement in productivity and cost savings that finance departments have made over the past 15 years. Despite this great improvement 81% of the finance executives surveyed said they were “seriously committed” to more efficiency and effectiveness.
Just like when Homer designed a new car for his brother that included shag carpeting, three horns and bubble domes, BPM and CRM applications are in danger of trying to become all things to all men. Social is the latest in the long list of capabilities being added to both BPM and CRM applications, on…