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Acorn Blog
- The Reality of Enterprise Wide Profit and Cost Analysis
- 8/15/2009
- Steve Anderson
- In the recent Gartner Financial Executives International technology survey the number one constraint faced by finance managers relating to technology was Measuring Customer and Product Profitability.
- Tags: profit analysis, cost analysis, customer profitability, product profitability
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- Panaceas for the World's Problems
- 7/1/2009
- Steve Anderson
- We do believe that great business intelligence is within all of our grasp - just like we feel about cleaner energy, better drugs, more reliable cars, and more transparent financial controls. We recommend that companies ignore the advertisements, and focus first on ensuring your company has great data.
- Tags: business intelligence
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- Maximizing Value from the Balanced Scorecard
- 6/18/2009
- Steve Anderson
- High-level business intelligence initiatives such as the balanced scorecard and lean management are alluring. Companies can quickly assemble a team of executives, revalidate corporate strategies, define a new set of targets, begin tracking progress, and communicate success across the organization.
- Tags: balanced scorecard, lean management
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- Perpetuating Mediocrity
- 5/20/2009
- Steve Anderson
- Given the explosion in enterprise data and the use of applications like SAP, Oracle and others, very few companies have the “lack of data” excuse any longer and if they do, calculating enterprise profitability is the least of their problems.
- Tags: operational profitability, profit analysis
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- What You Can Do with a Holistic Model
- 5/10/2009
- Steve Anderson
- Our last blog discussed the merits of a holistic ABC model for analyzing your business. A holistic model provides more context, more actionability, it’s easier to build, and easier to maintain.
- Tags: capacity utilization, resource utilization
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- Context and Actionability
- 5/4/2009
- Steve Anderson
- The state of profitability and cost analysis in most complex businesses is rather alarming, given the amount of data that exists in most companies these days. You would think it easy to accurately calculate customer and product profitability for thousands, tens of thousands, and even millions of customers. But it’s not.
- Tags: profitability and cost analysis, customer profitability, product profitability
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- Five Myths Standing Between You and Improved Profitability in 2009
- 5/3/2009
- Steve Anderson
- In our last blog, we discussed companies’ needs for greater transparency into what is driving cost and profit. The current economy has taken away the revenue lever and brought with it an urgent need to improve internal efficiencies. Given the situation many companies find themselves in, intelligent cost cutting must be done quickly.
- Tags: intelligent cost cutting, improve profit
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- The Need for Intelligent Cost Cutting
- 4/20/2009
- Steve Anderson
- It is amazing how economic cycles can dramatically change corporate priorities. In the past 3 months, we have heard from dozens of companies that they are overhauling their top initiatives. Given the current state of the economy, most companies are getting really serious about cost cutting. But don’t we all govern our businesses.
- Tags: cost cutting, cost reduction, cost management
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