Simplicient Controlling 9 – Financial vs. Operational KPIs – A Case for Merging Them

This Simplicient Controlling blog will focus on the merger of the financial and operational KPI performance measurement. More exactly, on the pro’s and con’s of mixing the financial and non-financial indicators. In most companies’ practice, the various KPIs are often disconnected: whilst the Profit and Loss KPIs are firmly grounded in the financial department, the operational KPIs are often left […]

Simplicient Controlling 8 – Number-Cruncher or Sparring Partner?

Controllers are number crunchers – aren‘t they? A controller is the person who comes to you with a long table, filled with numbers, and uses a red pen to highlight differences. Unfortunately, not anymore. Business or sparring partner (a term used often in recruiting finance managers) means more than that. To be brutally honest, C-level managers rarely care how much […]

„Everyday Chaos“ by David Weinberger – a HBR Book Review

To say that the Internet is an integral part of our lives is certainly an understatement. And David Weinberger, the famous American technologist who wrote the first Internet marketing, seems well placed to write about it. In a world where everything happens at once, where technologies combine with AI to deliver more-than-human results, „Everyday Chaos“ comes a bit late. Yet, […]

“How Finance Works?” An MBA Masterclass Book by Mihir Desai (Reviewed)

The new HBR title (“How Finance Works?” by Mihir Desay) will go into less charted waters – demistifying the complicated financial ecosystem is no easy feat. Any controller worth his/her salt will confirm – the finance concepts are some of the most complicated in economics, even for the revered quants, who spend lifetimes trying to gain insights on companies’ numbers. […]

Looking for a new job in Vienna/Austria? Please train our speech bots!

Recently I applied for several roles advertised online by various recruiting companies Acting in Europe. From one (Austrian Vienna-based) recruiting firm (let’s call it “HRBerater”) I did not receive anything back – except a first time automated email fired to all of the rejected candidates. When I applied for other 2 positions, no other reply (email or phone). As any […]