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by   |    |   3 minutes  |  in Business Technology, Creativity & Innovation, Strategy, Transform Your Business

Sustainable, balanced and ethical practices are driving new opportunities for corporate strategy to resonate with stakeholder demands as global culture shifts. ‘Strategic resonance’ is the final part of this three-part blog series outlining the cornerstones required for reinforcing business longevity. Stockholder v Stakeholder Theory In the sixties Milton Freidman introduced Stockholder Theory, arguing that corporations…

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strategic positioning

by   |    |   3 minutes  |  in Business Agility, Business Technology, Creativity & Innovation, Manufacturing, Strategy, Transform Your Business

The King is dead, long live the King! With change and renewal being the only long-term constant, business positioning and product prediction become key to survival. ‘Strategic positioning’ is part two of a three-part blog series outlining the cornerstones required for reinforcing business longevity. Clairvoyancy or Cunning Your strategy requires provision to have the right…

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strategic timing clock

by   |    |   3 minutes  |  in Business Agility, Business Technology, Creativity & Innovation, Strategy, Transform Your Business

Future relevance requires a strategy. No-one can predict the future except to say that it will be different from the present. How can you ensure your current strategy provides future relevance? ‘Strategic timing’ is part one of a three-part blog series outlining the strategic cornerstones required for reinforcing business longevity. Seeds of thought Early spring…

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Photo by Philipp Birmes from Pexels_Treagust Predictions

by   |    |   7 minutes  |  in Business Technology, Creativity & Innovation, Finance, Strategy, Transform Your Business

2019 is already shaping up to be a turbulent year when finance departments take a more strategic role. After 10 years of bullish growth we could see a severe global liquidity crisis, and after a boom & bust 18 months 50% of cryptocurrencies could disappear. Integrated operational and strategic technology should support the development of…

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Bubble

by   |    |   5 minutes  |  in Digital Transformation, Strategy

Blockchain and cryptocurrencies represent two halves of a maturing digital asset class.   While Blockchain projects continue to grow in volume, velocity and value, cryptocurrency markets have shed 90% of their market capitalization during 2018. What does this mean for a company’s digital asset strategy? Blockchain and cryptocurrencies in 2018: a tale of further divergence Blockchain…

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by   |    |   6 minutes  |  in Strategy

Brexit, the UK’s EU exit, has sparked debate from many perspectives. With more questions being asked than solutions offered, Brexit has promoted conjecture and argument where direction and planning should be. But, with a digitized strategy allowing scenario play, you can estimate likely outcomes based on facts, not just speculation. Brexit and uncertainty According to…

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Money

by   |    |   3 minutes  |  in Finance

With IFRS16 and ASC842 coming into force on 1st January 2019 lease accounting is set to change. Here I discuss the challenges, impacts, and benefits these standards are bringing, and suggest ways systems such as IFS Applications can assist the user. Lease accounting from January 2019 For both IFRS and US GAAP, IFRS16 and ASC842…

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evolution

by   |    |   3 minutes  |  in Business Agility, Business Technology, Digital Transformation, Strategy

Talent management is more than just training and appraisals. To support business excellence your talent management systems and processes must provide the mechanisms to achieve the right level of skills at the right time. The importance of talent management in modern business We live in a technology supported world, where robotic automation, artificial intelligence and…

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communication

by   |    |   3 minutes  |  in Business Agility, Business Technology, Digital Transformation, Finance, Strategy

Corporate performance management can help your business deliver its strategy and drive required results.  Discover what it is and how it can support business excellence? What is Corporate performance management Corporate performance management has as many different names as definitions, but in short it is the communication hub linking strategy with operations. It is sometimes…

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Agility

by   |    |   4 minutes  |  in Business Agility, Business Technology, Digital Transformation, Strategy

Strategic delivery in modern business requires a balance between control and flexibility, risk and opportunity, and good timing.  Don’t go the way of the dinosaur, use the right enterprise solutions to support your agile strategic processes. Warning! Static strategy can lead to extinction With their size, speed, aggression, big teeth and an abundance of food,…

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