Analytics: Like a Mosquito in a Nudist Colony
Analytics are like a mosquito in a nudist colony. Why? Because there are so many opportunities! There is a problem, however, that not everyone thinks or behaves like a mosquito. They do not always see...
View ArticleSome Accountants are the Blind Leading the Blind
Do you want to read one more story of accountants behaving myopically? Here is one where the advice to an accountant is based on the misbehavior of other accountants. Strategy Managementread more
View ArticleAn Accountants' Coming of Age Story
Accountants are a strange breed. They love math and numbers. Many love the feeling of control. They start out young. Later in their career most experience a “coming of age” and shift from bean counters...
View ArticleCan Accountants Grow the Beans Too?
There is a difference between what management accountants report and what managers and employee teams want. This difference gap is being caused by a shift in managers’ needs – from needing to know what...
View ArticleHow is Corporate Performance Management (CPM) Similar to Football?
There are many similarities between a football team, both game-related and for individual players, and an organization implementing and applying enterprise and corporate performance management...
View Article2014 Academy Awards and Analytics-based Performance Management
I always find the acceptance speeches at Hollywood’s Academy Awards to be inspirational. The ones I enjoy most are Oscar recipients who thank the teams that contributed to their receiving the award....
View ArticleA Passionate Appeal for Activity-Based Costing (ABC)
Old school accountants, and there appear to be many of them, are providing a disservice to the users in their organization. User need accuracy of the costs for their organizations plus what drives...
View ArticleHow are Retired Italian Men Like Us EPM-ers?
The adoption rate of business analytics and progressive enterprise and corporate performance management (EPM / CPM) methods is disappointingly slow. Perhaps we can all learn from retired Italian men...
View ArticleIntelligent People but Stupid Choices – Try Using Analytics
Smart people can routinely make poor decisions. This is due in part to how our brains, inherited from thousands of years of evolution, are wired. They were designed for eating and survival and not to...
View ArticleEnterprise Performance Management (EPM) for Santa Claus Inc.
The Christmas operations for Santa Claus, his elves, and reindeer need to adopt 21st Century methods to improve service levels to children and improve productivity given the capacity constraints in...
View ArticleAnalytics – Equip the Man, Not Man the Equipment
Analysts often presume that the users of the findings and results from their analytics-based studies will immediately understand and appreciate their impressive work. They may be wrong. The analysis...
View ArticleMovie Sequel – 'Accountant Pirates of the Caribbean'
Are accountants being unethical or just irresponsible when they misallocate costs to products, service-lines, channels, and customers? Are they not adequately serving the needs of their managers and...
View ArticleCFOs – Vanguards or Villains?
Many magazine articles proclaim that the CFO has expanded to a role of a strategic advisor. But does the evidence support this assertion? Many companies retain managerial accounting practices that are...
View ArticleAre CPAs Joining the Dark Side?
CPAs have a reputation of being more reporters of history compared to being deep analysts and strategic advisors. Does that reputation continue to have merit, or are CPAs changing their ways on how to...
View ArticleMining the Minds – Leverage the Workforce’s Knowledge
Business intelligence (BI) software tools are useful but not sufficient for potentially better decision making. New technologies are surfacing that leverages the knowledge of what is arguably an...
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