"Hurricane response centers don't just go back and assess damage, they get out in front of the storm and into a position where they're anticipating what's happening. They have contingency plans in place, and they know what they will do if the storm moves left or right," explains Player, who says that finance now fills the "navigator function" for a firm.
As such, Player says, finance is the translator for the organization and must be "multilingual" in order to tear down any figurative language barriers that exist.
source: http://businessfinancemag.com/article/back-future-0916
Why study and learn?
The more you study, the more you learn. The more you learn, the more you forget. The more you forget, the less you learn. So why study? The less you study, the less you learn. The less you learn, the less you forget. The less you forget, the more you learn. So why study?
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What does this have to do with enterprise performance management? Plenty. The success for how its various methodologies get communicated and implemented is highly governed by managers and employee teams. If there is a culture for learning, metrics, and discovery, that will be a good start. If not, these social issues are barriers that will need to be overcome.
Organizational transformation is about people changing practices and systems – not the other way around.
source: http://bigfatfinanceblog.com/2010/06/14/the-real-world-vs-mba-textbooks/ (LOL! Ok I need to discipline myself!)
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