CFO Talk: What Skills Should CFOs be Developing on the Modeling Teams?: An Interview with Lance Rubin and Giles Male
What skills should CFOs be looking to develop in their modelers and in their modeling teams?
What skills should CFOs be looking to develop in their modelers and in their modeling teams?
Let’s roll the clock back a bit and put things in perspective. How has modeling been changing over the past decade? And, is that trend going to continue?
Welcome to CFO Talk. Joining us today are Lance Rubin and Giles Male partners at Full Stack Modeller. Let’s jump right. What is the most effective way CFOs are using models to create value for their companies.
Data Standardization. The Core building block for Data Quality.
Data for Business Performance is using data in operations, compliance, and decision making. However, in most cases the available data in business enterprises is of poor quality. An article in Harvard Business Review (HBR) says – just 3% of the data in a business enterprise is of good quality. In this backdrop, what can be done to improve data quality? While there are many solutions to improve data quality, one option is to capture the important data entities i.e. master data using data standards. In simple words, master data elements describe the core entities of the enterprise such as Products, Customers, Profit centers, Vendors, GL Accounts, etc.
In this CFO Talk Julie Winkle Giulioni provides all kinds of great advice and even a Guide to help managers and employees navigate an important, but likely difficult, responsibility they have to one another.