It’s a familiar story to chief financial and executive officers. After reviewing detailed reports and analytic summaries—which required hundreds of hours of staff work crunching billions of bits of data—those seasoned managers are compelled to observe: “Everything you say is true, but it just is not so.”
The fact is, after spending heavily on technology, people skills, and consulting, organizations still often lack clear visibility and insight into their fundamental business situations. Business managers across industries burn the midnight oil to try and retain their company’s competitiveness, reduce uncertainties, and “future proof” their firm. But companies continue to misunderstand the true story behind the numbers, a reality that translates directly into a growing number of financial restatements, serious strategic missteps, or worse. Despite a generation of investment and effort,financial analysis and reporting often miss the mark.
|HP shift from data to insight.pdf|
|Create Date||January 19, 2015|
|Last Updated||March 9, 2015|