21 11, 2017

Management Information as Catalyst for Financial Awareness and Ownership (Pt. 1)

By |2017-11-21T15:30:56+00:00November 21st, 2017|Categories: Trends|Tags: , , , |

A few years ago, a contractor of railways found themselves confronted with an increased pressure on prices and a shift of risk from client to contractor. New challenges and opportunities led to changes in the strategy. Using innovative Performance Management technology, we have been able to support the proposed changes in the organization. "The new information system serves as a

17 10, 2017

Strong Alignment to Strategy – Be a Champion of Your Strategic Vision and Business Values

By |2017-10-17T09:11:02+00:00October 17th, 2017|Categories: Trends|Tags: , , , , |

In my role with OYB, I’ve met with 40+ organisations this year, all with varying degrees of investments in planning. Often they use Excel for their budgeting and reporting and have a handful of funded BI projects with no interactions with their office or finance team. In most cases, these same organisations have a CEO-driven strategy that clearly provides the vision that they want decisions to be made quicker, with data as their basis. They want self-service BI that adds value to the business and allows all business units to contribute time and resource to analysis.  A centralised team doing analysis for the entire company can fall into a ‘Jack of all trades, master of none’ scenario, diminishing the value of the analytics provided. [...]

3 07, 2015

Reinventing retail performance – part 3

By |2016-12-09T11:42:45+00:00July 3rd, 2015|Categories: Data Modeling|Tags: , , , , |

Why do you need value drivers? In this an example, a retailer has around 200 stores, operating on slim margins. They’ve used strategies to reduce overheads and improve cross-channel selling, including using poorer performing stores as online fulfilment centers, and using pop-up stores to shift slow-moving stock. These were fine strategies, but hit snags in execution. The information shared between

19 06, 2015

Reinventing retail performance – part 2

By |2016-12-09T11:42:46+00:00June 19th, 2015|Categories: Data Modeling|Tags: , , , , , , , , |

Essential new ways to unify your people, data, and process for unfair advantage Value drivers literally measure the activities that create value. Value drivers help you reinforce strategy. They are more intuitive and meaningful than traditional financial measures. Lagging indicators like GM ROI (Gross Margin, Return on Investment), current value, and tangible assets are conventional performance management indicators. These describe