Are you considering replacing your legacy on-premise budgeting system for a cloud corporate performance management solution? If so, you are in good company as a recent Adaptive Insights survey of 300 finance professionals indicated that 86% want to leave their legacy system behind. Once you’ve made the decision to start looking around, the system evaluation sets the stage for a successful project and long-term benefits to the organization. However, there are several points you should take note of to ensure a thorough evaluation. In this post, we will[...]
Carlson Thought Leadership in Finance & Technology
I had the pleasure this morning of moderating a panel discussion on the topic of Rethinking Performance Management. The event was hosted by the CFO Leadership Council as part of their monthly meeting of finance executives. Based on today’s large attendance numbers, the topic of performance management is clearly top of mind for many CFOs. The three other panel members came from diverse backgrounds and included a CFO, a CEO and an HR leader.
I would like to share some of the key topics and themes we explored during our discussion and Q&A with the[...]
I recently visited a client in Tokyo which was an interesting and exciting experience. I have traveled extensively through Asia in the past and have worked abroad in my career, but had never been to Japan. I was visiting Wacom, the world’s leading manufacturer of pen tablets, interactive pen displays and digital interface solutions. Before I continue, I would like to express my gratitude to my hosts, Usuda-san, Okino-san, and Hattori-san, who made the trip both memorable and productive.
Shikhar Gosh, a senior lecturer at Harvard University, reported in late 2012 that up to 75% of venture-backed companies never return cash to their investors. While most venture capital firms accept significant risks in return for the potential of even more significant payouts, there are ways to effectively mitigate those risks. Carlson Management Consulting offers an innovative and cost-effective Accelerated Growth package that delivers the prospect of a much greater success rate. It also enables VC firms to offer additional value to their[...]
If you attended the Adaptive Insights conference, Adaptive Live (#ALive14), I think you would agree that it was an impressive and energizing event. For those like myself that have been working with Adaptive since the early days, this year's conference really felt like a whole new ballgame. With nearly 1,000 attendees, double the previous year's participation, Adaptive's key event has officially moved beyond a user group meeting and is now a fully-fledged conference. If you missed the event, don’t make the same mistake again. Here is a recap of some[...]
Virtually all finance departments produce monthly reporting and analysis packages to aid business leaders when making key decisions. The question we have to ask ourselves: Are these reports and metrics creating true value and business insight? Are we looking at the right metrics or is it all just useless data? To address this we will look to an unlikely source but as the Grateful Dead’s song Scarlet Begonias states: “Once in a while you get shown the light in the strangest of places if you look at it right”
It's no secret that Marketing and Finance[...]