- The 5 Pillars of Data Visualization
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- Poorly generated data visuals can lead to faulty interpretation, incorrect decisions and, ultimately, poor business results. Data visualization is a process in data analytics where visual representation communicates the data and insights to facilitate good data-driven decisions. Basically, data visualization is communicating data and insights, in part or whole, using charts, color, text, ergonomics and other related aspects. While a well-crafted data visualization can make the communication pertaining to data and insights more effective, a poorly generated data visual can lead to faulty interpretation, incorrect decisions and, ultimately, poor business results.
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Take Assessment Watch Video- What is the Consultant’s Role When the Project is Complete?
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- The fear of ongoing fees that don’t yield high returns prevents many companies from capitalizing on the investment they make in their advisors. Think about how much your consultants have learned about your company, industry, stakeholders and business processes. They give the owner and business leaders an unbiased and independent business perspective that can’t be found within any stakeholder group. The challenge company leaders face is how to leverage the asset (consultant) they have developed with high return future work that far exceeds the cost.
- CFO Talk: Accelerating Finance Transformation with Andrew Codd
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- Andrew Codd, a global expert who combines deep finance knowledge with data & analytics to accelerate finance transformations, tackles questions like these in his CFO Talk with Steve: 1. What does the traditional vs modern approach to a data & analytics transformation look like, and why should CFOs care? 2. What is so important about outside vs internal investments in this area? 3. On how to leverage our core skills to keep transformations on the rails 4. How is the diamond organizational structure and why does it better support finance teams today than the traditional pyramid structure? 5. Andrew reflects on how learning from a guild formed back in the 13th century can help us today. 6. Team. Talent. Leadership. Culture. Visit Andrew’s library on CFO.University here:https://cfo.university/library/contributor/andrew-codd
Governance & Controls – structure and controls.
Transaction Recording – systems, transaction processing and closing the books.
Reporting - efficient, timely and accurate information for decision making and meeting compliance requirements.
Accounting
Business Planning - provide the financial roadmap for the company with supporting analytics.
Financial Forecasting - integrate the company’s current performance relative to budget with the real-time business environment.
Investment Analysis - the framework to analyze new opportunities as they present themselves.
Finance
Cash Management - the discipline to ensure cash is available to operate the business normally.
Funding - Planning for and raising funds to meet the needs of the business.
Risk Management – Identification and mitigation of key business risks.
Treasury
Self-Awareness - Internal.
Team Building - External.
Strategy & Culture – Motivate people to follow you.
Leadership
Four Pillars of Executive Expertise
CFO.University is built around the Four Pillars of CFO Success. These Pillars are supported with Core Competencies. Our framework allows you to master your role as a senior financial officer. The Four Pillars are made up of:
Accounting – Governance & Controls, Transaction Recording and Reporting
Finance – Business Planning, Financial Forecasting and Investment Analysis
Treasury – Cash Management, Funding (Capital Raising) and Risk Management
Leadership – Self Awareness, Team Building and Strategy & Culture
