Forum

Strategic Profitability Management - An Opportunity for Finance Departments

Posted by Boris Agranovich on September 30, 2011 at 12:00 in Opinions
This research looks into what makes the Finance team uniquely qualified to drive profitability. According to new Ventana research, only Finance has the best analytic skills and tools – to perform ‘what if’ analysis and identify risks and opportunities, wide access to enterprise-wide information on cost and profitability and the neutrality – to guide investment decisions, foster collaboration, and resolve trade-offs. (See attachment)

Managing Costs More Effectively - Sustaining a Lean Organization in Demanding Times
This research discusses how companies are using information technology to stay lean throughout the business cycle, and describes the five technology “musts” for a lean organization. (See attachment)

Also available are direct access links to three recorded webcasts. These links do not require you to register to view them.


Topic: Why SAP BusinessObjects 10.0 is a better GRC Score For Your Business
Industry: Banking
Presenters: Joseph Canaday, Past VP Global Finance Operations, Bank of America (now Director of Operations, MBA@UNC at UNC's Kenan-Flagler Business School); Michael Lortz, Senior Director, GRC Solution Marketing, SAP
Direct Access Link: http://fm.sap.com/video/BOA_GRC_Overview/


Topic: Streamline IT and Business Costs - Reduce Costs and Improve Performance
Industry: Publishing
Presenters: Frank DiPentima, VP of Finance Transformation and Systems Integration, Pearson
Host: Matt Kelly, Editor-in-Chief, Compliance Week
Direct Access Link:  http://fm.sap.com/video/Compliance_Week1/


Topic: Case Study - How Newell Rubbermaid significantly lowered the costs of compliance through automation and centralization.
Industry: Manufacturer: Consumer and Commercial Products
Presenters: Dina Dayal, Director SAP Security and Quality Assurance, Newell Rubbermaid; Sonny Dasgupta, Director of Marketing, SAP
Direct Access Link: http://fm.sap.com/video/Compliance_Week3/

SAP_IXN_Shared Research_No3_Strategic Profitability Management Perspective, Ventana Research 2011.pdf

SAP_IXN_Shared Research_No4_Managing Costs More Effectively, Ventana Research 2011.pdf

Views: 10

You need to be a member of Global Risk Community to add comments!

Join Global Risk Community

Tags: opportunity, risk, strategic
★
★
★
★
★
Votes: 0
Email me when people reply –
Follow

Featured Discussions

Introducing the Global Risk Series - Book 1 Risk Management How Tos

Dear GlobalRisk Community member, Our community’s mission is to foster business, networking and educational explorations among members. Learn from some of the top experts in the industry as they clearly explain how to approach the most important Risk management concepts. Check out their expert tips and use the link at the end of each article to navigate back to the website to leave your comment or ask a question.   Some of the topics include: How do you Explain Risk Appetite?  How to Prepare a…

Read more…
Started by Boris Agranovich in White papers
16 Replies · Reply by GlobalRiskCommunity Mar 21
Views: 912

[Free COVID-19 Framework] What's the path to recovery look like?

We created a free presentation (attached), which discusses both global and organizational impacts of the COVID-19 pandemic, along with critical actions organizations should take immediately. This presentation introduces a framework that helps regions and organizations navigate a path to recovery via 9 potential scenarios. These scenarios capture outcomes related to GDP impact, public health response, and economic policies. The presentation also breaks down 6 immediate and critical actions…

Read more…
Started by David Tang in Questions
4 Replies · Reply by Steve Diaz Jul 8, 2023
Views: 206

If risk management is about decision making, are current risk management solutions irrelevant?

Now that the updated COSO and ISO risk management standards emphasize a connection to enterprise objectives and decision making, does this mean ERM and GRC solutions focused on risk registers and regulatory compliance are missing the true value of risk management?Will current risk management solutions evolve to integrate more decision support functionality or will standalone prescriptive analytics and other technology solutions take a more prominent role in enabling risk-informed…

Read more…
Started by John Farrell in Questions
3 Replies
Views: 131

A question related to classification of instruments between trading and banking book.

We have an interesting question from one of our members.       "We usually perform OTC FX transactions with clients backed-to-back on the market (with Banks). Now we are going to perform a FX swap (i.e. Spot + forward) JPY/EUR for the Bank account for 1 week at the longest. The purpose is to get EUR place @ CB for LCR compliance purpose (no trading purposes). Bank's Management think that this should be considered as a trading position and therefore be classified within the Bank's trading book.…

Read more…
Started by Boris Agranovich in Questions
5 Replies · Reply by Prisha Singh Dec 26, 2023
Views: 315

Plunging oil prices: curse or blessing in disguise?

The recent sudden crash of oil prices has had a major impact on the world economy, leading to many troubled faces in the international arena. The Russians fear the effects of yet another powerful hit on their economy, Venezuela seems to be considering default and the Americans are weary of the consequences for its young and emerging shale oil industry. And then you have the Middle East, where the smallest match is enough to ignite the largest fire. But are these worries really justified or…

Read more…
Started by Daniel Agranovich in Questions
1 Reply
Views: 90

    About Us

    The GlobalRisk Community is a thriving community of risk managers and associated service providers. Our purpose is to foster business, networking and educational explorations among members. Our goal is to be the worlds premier Risk forum and contribute to better understanding of the complex world of risk.

    Business Partners

    For companies wanting to create a greater visibility for their products and services among their prospects in the Risk market: Send your business partnership request by filling in the form here!

lead