Using price analytics could help companies in many industries do a better job of understanding the profitability of specific products and services. One cornerstone is ensuring the transparency of all associated costs. Price analytics also addresses areas such as organizational structure, business processes, customer segments and product characteristics.
Content: Article | Authors: David A. J. Axson, Kurt Rosander | Source: Accenture | Subjects: Finance, Management, Pricing
The bedrock of the traditional management process is multi-year strategic plans, static annual budgets, quarterly forecasts, monthly reports, and—most dangerous of all—a compensation philosophy that’s as likely to reward failure as it is success. We need a new manifesto for business performance management, one that recognizes that volatility, uncertainty and risk are here to stay. And we must implement behaviors, processes, and systems that allow … [ Read more ]
Content: Article | Author: David A. J. Axson | Source: Business Finance Magazine | Subjects: Finance, Management
Article discusses three recent trends in managing IT within companies:
1. A move from isolating IT spending from overall business process costs.
2. Some companies are viewing IT cost management on a different basis than simply controlling the growth in absolute spending.
3. Companies are seeking to dramatically reduce the cycle time before benefits start to be realized.
Content: Article | Author: David A. J. Axson | Source: DM Review Magazine | Subjects: IT / Technology / E-Business, Management | Industry: Information Technology