Simplicient Controlling 3 – Tech Skills for a Controller Still Relevant?

In its’ 2018 executive survey, AESC BlueSteps ranked the top 5 qualities that help global executives be successful (survey based). After “vision”, on a surprising place 2 came “technological mindset” – something that probably would not have made even the top 5 15-20 years ago. You (the finance controller / manager / CFO) might ask yourself: “What does this have […]

Simplicient Controlling 2 – To Reduce or Not… Your SG&A Expenses

In June 1999, when Carlos Ghosn was parachuted by Renault to a little known (outside Asia) car manufacturer named Nissan, his reputation should have preceeded him. Maybe the Japanese board of directors underestimated the „Le Cost Killer“ nickname he earned at Renault during the previous 3 years – or maybe they thought that one of the most inner-oriented markets in […]

Book Review – “8 Steps to High Performance: Focus On What You Can Change (Ignore the Rest)” by Marc Effron

As any business book worm could notice, there is no shortage of career advice books being published. According to our own doitinvest.com rough estimations, at least 200 titles are heavily pushed towards the English speaking exec-suite “wanna be’s”. Naturally, with so much noise, one normal reader does not stand a chance to read even 10% of these. Therefore the questions […]

“Human + Machine: Reimagining Work in the Age of AI” – book by Paul Daugherty and H. James Wilson (book review)

Machine learning and artificial intelligence are becoming really hot topics. Take Europe companies, for example – it is enough to through in the discussion the “digitalization” and the “machine learning” topics and you will get the CEO’s attention. But as in most mini-industrial revolutions, the devil hides into the details. And the very same companies that push for transforming themselves […]

Simplicient Financial Controlling – 1 – Laying the Ground

Let us face it – finance is not easy. Whoever tells you that the commercial financial management is a steady progression job, where one gets well trained and well paid over a reasonable number of career years, is trying to lure you into something. The finance specialism requires almost a decade of training (if you count a faculty/college degree plus […]

Post-modern Controlling vs Classical Financial Controlling

When it comes to financial controlling, many CEOs and even CFOs mention that it is boring. After all, controlling rotates around themes such as financials reliability and accuracy, predictability of the forecasting, solid safeguards in place, sound accounting, compliance. And immediately after this, the same senior leaders can be heard saying: “well, this way it should also stay”. Nobody’s hiring […]