The Ledger
Curated content foranalytical business leaders
CFO Magazine: 3 Ways Finance Is Armoring Up for a Future of Disruption
August 15, 2022
“Most leaders, though, are using outdated tech — if any. Over half of the respondents rely on manual spreadsheets and have no financial close, corporate performance management, or business intelligence tools. Eighty-three percent said their technology and tools need to be more sophisticated to respond effectively to new market opportunities and threats.”
CFO Insights: Welcome to the “no normal”: Exploring The Transformation Myth
August 11, 2022
“Long a core strategic financial and planning capability, scenario planning has regained currency in an ultra-dynamic environment. By applying digital intelligence to scenarios, they are no longer static renderings that CFOs file away, only to resurrect them if a company stumbles on a serious threat.”
CFO Insights: Provoking the Future: How CFOs Can Take Action to Illuminate Uncertainty
August 10, 2022
“Build scenario-planning muscles. In a linear world, it was customary to consider a dominant version of the future and construct possible variations around it. Now, with so much about the future up for grabs, CFOs need to have sufficient humility to acknowledge that nobody knows how things are going to turn out and to consider multiple, equally plausible futures. As they explain that future using numbers and models, the gaps will enable them to identify uncertainties. As the actual future develops, they may adjust those scenarios dynamically. Every five years, they may even have to start over.”
CFO Journal: Fragile Supply Chains Confront Ongoing Threat From the Russia-Ukraine War
August 9, 2022
“How detailed is your supply chain information? Visibility into suppliers is only as comprehensive as the information that is being captured and reported. Companies may identify and survey their most critical suppliers, but they often stop there. In the Deloitte procurement survey, 75% of CPOs chose enhanced supplier information-sharing as their top supply risk mitigation strategy. Visibility into suppliers’ operational performance can be critical in meeting sudden changes in demand.”
