In the article, Process Mapping - A Great Technique to Streamline Admin Operations, we praise the benefits of Process Mapping as a tool to streamline financial operations. We compared processes to engines; if they are cared for properly they operate at a high level; if they aren’t performance degrades and, eventually, they quit working.
Enjoy this series of shorts on Leadership from Jim.
The myth is that folks who disagree are hard to be around and don’t care about personal relationships. What if the truth were that folks who ask good questions deliver these benefits to their organization?
1. Improve meeting quality
2. Improve plans
3. Improve execution
4. Move toward reality
5. Move to action sooner
What if you could help deliver these, and be admired and respected to boot?
Prophix Software findings from the survey, Defining the Evolution of FP&A: Benchmarks, Challenges & Opportunities highlighted room for improvement. The survey included feedback from over 300 FP&A leaders from all companies of all sizes across the globe.
The survey was conducted to establish the maturity of analytics solutions across the globe, the effectiveness and efficiency of FP&A leaders’ planning processes, how companies are leveraging technology to improve FP&A processes, and to gauge internal perceptions relative to the value of FP&A.
Sound business systems precede innovation.
Before innovation can be a catalyst to business growth a culture of strong business practices must exist.
Innovation, the process by which an idea or invention is translated into a good or service, is a critical component of growth in many businesses. Innovation relies on creativity, exploration and freedom. Frequently these characteristics are regarded as the opposite of discipline, control and structured process. However, without strong business practices that recognize and nurture advancement in good business systems, innovative practices are unlikely to make it to commercialization.
