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The Decision Factor offers insightful comments and observations on analytics—from views on new technology approaches and market dynamics to the latest industry trends driving demand for faster, smarter information analysis. This blog contains personal views, thoughts, and opinions from SAP employees, mentors, and friends working in the area of analytics. It’s not endorsed by SAP nor does it constitute an official communication of SAP.

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Is Cost Management Out of Step with the Needs of Global Manufacturing?

Is Cost Management Out of Step with the Needs of Global Manufacturing?Manufacturing has changed dramatically over the last 50 years with the de-industrialization of the west and a significant shift in production towards countries such as China and India. These were once the world’s source of low-cost manufacturing capacity but are now rapidly evolving into the world’s best growth markets with McKinsey forecasting that they could account for nearly 70% of global demand for manufactured goods by 2025. (see “The $30 Trillion Decathlon”). If western brands are going to …
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‘Thrive’ While Others ‘Survive’ with EPM and BI

‘Thrive’ while others ‘Survive’ with EPM and BITo find out how some companies have thrived during the last five years of difficult trading conditions while other have simply languished, Ernst & Young commissioned a research project that during the last five years has surveyed about 1,500 senior executives. Their report – Growing Beyond: How high performers are accelerating ahead – is now available and has some valuable insights for Finance. 

The study compared the relative high and low performance in various sectors based on EBITDA and revenue growth over …
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Rethinking Analytics for the Enterprise

In the last post, I shared some research showing there is still a gap to close with analytics in most organizations still being the domain of experts rather than a what the Tapscott Group – founded by Don Tapscott who is one of the world’s leading authorities on innovation, media, and the economic and social impact of technology – call a ‘social enterprise’ – a vibrant ecosystem where all team members actively participate in collecting and acting upon information. Personally I find their choice of the word ‘social’ …
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Now It’s Internal Audits Turn to Add Value

This article originally appeared on CFO Knowledge and has been republished with permission. 

Many years ago I once shared an office with group of high-testosterone young management accountants and a solitary middle-aged female internal auditor. She must have dreaded coming to work, not knowing what tales she would over hear from her cubicle in the corner. She was a pleasant enough person, but my suspicion is she was passed over for promotion a few times and put out to grass in internal audit. In my experience, it’s a …
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The Superstar CFO: After the Crisis

Some information is simply too good not to share. So even though we tend not to discuss SAP-related content on The Decision Factor, we thought you’d be interested in the results of this SAP-commissioned CFO Research: The Superstar CFO: After the Crisis.

The report follows up on a piece of research SAP commissioned from CFO Research back in 2007 when the business world was confident after nearly a decade of steady growth. Today, things are different with western economies bumping along the bottom and companies uncertain …
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CFOs Are Unsure About the ROI of Time Spent on Risk Management

Watch and money on calendar

I’ve just seen some in-depth interviews with a selection of CFOs from leading organizations across the globe that we commissioned for a global research company earlier in the year. There are some interesting findings. One that jumps out at me is how CFOs view risk – something I’ve written on in recent months. 

Although CFOs say they spend between 10-30% of their time on compliance and risk management, many see their involvement as more of an oversight role than hands-on management in these areas. Several interviewees note that strict controls and effective …
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