Leadership Recipe
Enjoy this series of shorts on Leadership from Jim.
The leader’s main job is a little direction and lots of execution in the few essentials.
Are You Ready For Robotic Process Automation?
Robotics Process Automation (RPA ) is not new, but it is still not well understand. This is especially true when applying RPA to finance systems. We appreciate Anders sharing some of his do’s and don’ts regarding RPA that will help you use it more effectively in your finance operations.
Is Your Resource Allocation Destroying Value?
Resources are scarce. Whether you look at it from a global perspective or the company level it’s a fact that companies have to deal with. That is unless you’re Apply and are stockpiling 20 billion dollars of cash on your balance sheet. Companies must allocate their resources effectively to ensure it is put used where the chance of creating value is the highest. They must also use the allocated resources efficiently to ensure maximum output.
Collaboration Is What Makes 1 + 1 = 3
A much used phrase in Business is ”No man is an island” and it’s very telling because many businesses are not a one-man band. Rather it’s multiple people coming together around a common mission, vision and strategy to create value for their customers, owners and themselves. That means they have to work together to achieve the best possible outcome. In other words, they need to collaborate towards achieving a common goal to be successful.
Going Beyond Budgeting? Then Read This!
Most finance professionals can agree that budget season is not their favourite time of the year and while alternatives exist most companies are still using traditional budgets for their planning and management operating model. It’s kind of a paradox because when no one likes to do something or like when a company’s products are not in demand then typically over time better alternatives will take their place. Yet, with budgeting, this still hasn’t happened. In my mind, the best alternative is going beyond budgeting which I have written about in several articles previously, however, few companies have been truly successful transitioning to beyond budgeting and I think I know why. Hence, to make a real push for companies to take the leap and be successful let’s discuss the issues with beyond budgeting based on my own experiences.
