- What Data Should You Track To Optimize Your Business Performance?
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- Management guru Peter Drucker is often quoted as having said, “You can’t manage what you can’t measure.” Because of this, data and analytics (D&A) provide the necessary visibility required for businesses to measure and manage their performance. Measurements like KPIs (key performance indicators) drive business behavior, results and an organization’s culture. However, the most critical aspect of D&A is identifying exactly what data elements you should track.
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- Whether you’re a new entrepreneur or the leader of a Fortune 500 company, doing business today presents universal business challenges. Managing the complications globalization, increasing regulation, new technology, a fast-moving economy and now a pandemic all require precision and expertise.
- CFO Talkx - 2024 Data, Analytics and AI Predictions and Prescriptions for CFOs - Sanjeev Chib
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- The comprehensive research report, The 2024 Data, Analytics and AI Predictions and Prescriptions for CFOs, offers invaluable insights to CFOs navigating these quickly evolving technologies and disciplines, including, the 2024 Predictions for CFOs on Data Protection and Risks by Sanjeev Chib.
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
