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The most efficient organizations focus on process management. They use enterprise resource management platforms to provide functional and technical support, and organizational integration to optimize the most critical processes. Organizations can even be managed using a functional process orientation that crosses organizational silos and maintains the traceability of transactions. These
The unfolding digital economy is impacting not just the way companies engage with their customers, but also how businesses are internally managing themselves. The business control function needs to keep pace, and many business controllers I meet think there is now a demand for Controller 2.0. But what is this
When I talk to companies on how to improve their forecasting process they often share their difficulties with handling demand from potential large orders, where they are in a tender situation. Further, demand originating from tenders is increasing. Tender demand have characteristics which makes it difficult to handle in traditional
A spectre is haunting economy – the spectre of digitization. All the powers of old economy have entered into a holy alliance to exercise this spectre. But other than the communism (obviously the first two sentences are stolen from the Communist Manifesto by Marx and Engels from 1848) – this
The rise of citizen data scientists—business users who are able to do at least some of their own analytics—has been touted as many things. Some have suggested that it is a very good way to address shortages of dedicated data scientists. Others, more cynically, have suggested that it is simply
The General Data Protection Regulation (GDPR) marks a Big Change for countries holding and handling data about EU citizens. Or does it? I suggest that GDPR, although important, and requiring organisations to take action, is actually just the latest in a long line of efforts by regulators to ensure that