Pragmatic RiskInsights
Risk Management
Third-Party Risk: What You Don’t Know Can Hurt Your Business
Thanks to globalization and advanced technologies, the world economy is increasingly interconnected and a borderless market. Businesses are no longer depending on their own resources and self-developed capabilities in order to achieve operational excellence, fuel growth and drive strategic success. For example, a retailer headquartered in Toronto, Canada, doesn’t necessarily need to rely on local read more
Enterprise Performance
Human or Machine Intelligence? Augmentation Key to Better Forecasting
Forecasting is an invaluable process for any business. A forecast can play a significant role in driving company success or failure. For example, high forecast accuracy helps a business anticipate changes in the market, identify growth opportunities, reduce risks, analyze root causes of performance and proactively respond. On the other hand, forecasts that are poorly read more
Enterprise Performance
Applying Design Thinking to Finance
I recently finished reading The Design of Business: Why Design Thinking is the Next Competitive Advantage by Roger L. Martin. It’s well worth reading. Even though the book was published almost a decade ago, the ideas and principles espoused by the author are still relevant and applicable in today’s business environment. Design thinking is a read more
Delivering Reliable Insights From Data Analytics
Data and analytics are becoming increasingly integral to business decisions. Organizations across all
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Finance Value Creation Goes Beyond Running the Financial Side of the Business
Advances in technology are helping the finance function reduce operational costs, streamline processes
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Risk-Based Decision Making
Risk is an inherent element of the business. Given that every business activity
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CFOs Beware: Don’t Get Caught Up In the Hype of New Technologies
In one of my articles, Finance Transformation: From Efficiency to Effectiveness, I recommended CFOs to
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Rethinking The Use of KPIs In The Digital Era
Most companies do not deploy Key Performance Indicators (KPIs) rigorously for review or
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The Role of Finance in Pricing Decisions
One of the key financial metrics constantly measured and monitored by the business
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