Recent Blogs

GRC Tuesdays: Use of Enterprise Risk Management to Break Risk Silos? It’s about Mapping!

In a previous blog, Harmonizing Different Risk Management Terminologies, I shared my conviction that companies should use a single shared terminology if they intend to bring down the walls that have siloed risk management practices by department over the years, like IT risk, EH&S risk, project risks, and so on. (more…)

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BI and Planning: Integrate It or Suffer Forever

by Carsten Bange, founder and managing director of the Business Application Research Center (BARC)

The need for integrating BI and planning on one common software and data platform has been one of the most stable and relevant trends in the market. Many companies and users know that there is no reporting without plan data and no planning without supporting functionality for reporting, data analysis, and predictive analytics. Organizations benefit largely from an integrated approach to BI and planning. (more…)

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Predictive Thursdays: Why SAP HANA and Spark for Big Data Predictive Analytics

Big Data offers analysts and data scientists the opportunity to build more sophisticated and more accurate predictive models than before, but without the right data environment, it’s not easy. It requires an in-memory architecture that supports thousands of columns and billions of rows and a predictive analytics tool that can harness that architecture, such as SAP BusinessObjects Predictive Analytics.

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Part Two: How To Become A Digital-Economy CFO:Strategies For Growth

In business, as in nature, only the most agile continue to thrive. The digital economy demands that business models and processes be constantly reevaluated to capture new growth opportunities. This is a question of survival as new market entrants beat out incumbents by creating new digital business models, free of existing constraints. (more…)

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GRC Tuesdays: Duke University’s Fascinating Study Joins Business Experts in Confirming the Pervasiveness of Fraud

Have you had the time and the good fortune to run across The Dishonesty Project (an endeavor of behavioral scientist Dan Ariely at the Department of Psychology at Duke University) that’s studying the conditions and characteristics of lying, cheating and stealing? If not, I strongly recommend you check it out. An 85-minute film (which can be viewed on iTunes, Googleplay, Netflix or vimeo) detailing the activities of the project reveals fascinating research findings and includes many insightful testimonials from both (in)famous and everyday liars, cheats, and thieves. (more…)

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