Understanding the much needed strategic adjustments retailers are making reveals the adaptations finance teams must make in order to support their business. Each of these strategic adjustments has an impact on the finance team, one way or another.
In an article I published recently called “How retail finance teams impact their business by transforming financial planning processes that incorporate meaningful operational levers “, one of the problems I touched on was how difficult it is for retailers to have a realistic view of the impact their HR strategy has on their profitability.
In an article I published recently called “How retail finance teams impact their business by transforming financial planning processes that incorporate meaningful operational levers“, one of the problems I touched on was how finance teams are helping business unpack the impact new sales channels are having on the entire organisation.
The Internet of Things (IoT), artificial intelligence (AI), augmented reality, the list goes on. These are considered important elements of the Fourth Industrial Revolution that blurs the lines between physical, digital, and biological. Central to this lies data and analytics. So, how can African organisations benefit from this dynamic new environment?
The explosive growth of big data means companies can gain greater insights across the entire organisation. Thanks to the real-time nature of the digital world, decision-makers can more dynamically react to market conditions than in the past. A vital tool, which helps unpack the potential in this environment, is the Information Landscape Audit (ILA).
The spreadsheet has become such a ubiquitous tool in finance that people hardly notice it anymore. But in a world where digital transformation requires different data approaches, does our reliance on this traditional solution pose a risk to business?
The past few months have put South African organisations under pressure, forced to prove their mettle against relentless economic and political turbulence. Uncertainty hovered as dark as any summer storm over the country as it waited for the results of the ANC elective conference In December, but the results have seen some sun part the clouds.
Decision Inc. is a global leader in information-driven transformation with a core focus on data, digital and performance intelligence. We partner with our clients to leverage technology and information to transform their business into Intelligent Enterprises.