Existing Structures are Inhibiting Change
Knocking down barriers to remove business impediments is something that corporates are used to doing, but it seems today that departmental walls are becoming bigger, more political to break, and that the move to the next level of agile and pervasive HR management in this digital era will be more painful, whilst the rewards of doing so will be higher.
Change management has never been easy for corporates and comes in the form of existing team members finding more time to achieve desired goals through late nights, contrasted with bigger organisations where new teams might be formed, perhaps with outside project managers, to drive newly predefined goals. Continue reading
Considerations and Constraints to Think About Prior to Action
Digital transformation is a concept that is tackled over time to eliminate transactional friction in operations and finance, through the leverage of full or partial automation that is made possible by latest technologies. This brings practical compute power that enables ultra-granular processes to be defined as required by domain end-users. Think of them as being used to iteratively define a complete process, or even a partial one, from data collection thru all flows to reporting @anywhere. They can also drive contextual actionable alerts plus simulations for value.
With resource levels having been driven down for productivity improvements over recent years, breaking into that vicious cycle of spending time to reduce time on a specific process is a challenge in itself. It is not just about the replication of existing flows but more about streamlining them or automating them, but at the same time also maintaining or increasing any necessary compliance controls. Continue reading
Enabling Granular Processes Enables Value Creation @Multiple Levels and Facilitates a Better Work-Life Balance for You.
The concept of reporting sounds a bit passive today, but if it was re-defined as proactive contextual actionable alerts would this in fact grab your attention more? Whilst for some this might move interest levels, for others being simply able to tackle any frictional issues that prevent a better work-life balance in the first place, or that enables a higher confidence in reporting submissions, might actually be seen as a more tempting driver for change. So why make the distinction at all and should anyone care?
Simply put we are on the cusp of a massive shake up in the Office of the CFO, and also within operations where current reactive reporting, with its limited x-application capability and broader process inefficiencies, will collide to see corporates in a major renewed push to extract value, with perhaps a deeper longer term change on how we view functional management. Continue reading
Building More Understanding as to Evolving Options
Digital technologies are creating buzz but corporate deployments can be extremely challenging when they meet existing legacy applications. Exciting on one hand, and daunting on the other, it is the “how to deploy question” and “from whom” that often thwarts any immediate progress, especially as technology is never standing still, and if anything is actually speeding up.
Differing vendor messaging, when added into this mix, also shows seemingly multiple ways that we can technically achieve the same end result, at least on the surface, with the added twist that there are sometimes new types of vendors in the form of corporates or consultancies to consider that are expanding their own domain solution sets. Continue reading
Enabling Modern Processes for Operations and Finance
Digital is an easy concept, or at least simple to say, but it is hard for corporates to execute against it in practice, but it will not always be that way. We are simply in a major transitional period, which is both disruptive in nature and exciting in terms of operational impact, with stories galore of how industries are being turned upside down through their leverage.
Technology continues to be more pervasive than ever before with many more additional touch points in corporate processes to enable increased operational efficiences, better means of collaboration, greater transparency and wider participation. On the other hand those existing operational constraints can remain stubbornly rigid when modern digital enablement eventually meets those existing legacy applications. Continue reading
Important to be Aware
Google Project Zero teams are employed by Google and tasked with finding zero-day vulnerabilities. Around the middle of last year this security team identified two significant issues that they named Meltdown and Spectre.
Essentially Meltdown and Spectre both exploit critical vulnerabilities in modern desktop and mobile processors and allows those with bad intent to get hold of business critical information and passwords being processed in memory by other running programs. Continue reading
Still on our Minds for 2018
Business software has always been complex. Simply put corporates record vast amounts of transactional content in multiple languages and currencies, which are input together with their numerous detailed tags. These transactions are then used across subsequent processes for decision support, control, and management, with further reporting being done across geographies for any additionally required multi-dimensional segments.
It is a daunting task. Throw into the mix multi-vendor software solutions of all ages that operate on a variety of operating systems & databases; combine that with ever changing legislation in your operating jurisdictions, not to mention your current go to market business needs, means that there is never going to be a dull moment. After all what could possibly go wrong? Continue reading