Machine learning and AI solutions are difficult to deploy, often overhyped, and may have little bottom-line impact: Gartner.
Internal resistance to change — or mental momentum — can prevent companies from properly responding to new market economics.
Companies tend to be laden with bureaucracy, operate with a short-term mentality, condition managers to fear failure, and overstretch their teams, CEB says.
Business units and functions are far more likely to value internally conducted financial analyses over those farmed out to third parties.
Comparisons should take into account company complexity, not just industry and revenue, one research firm contends.
You focused too much on finance costs and satisfying internal customers, thought of it as a finite project and relied too heavily on consultants.
They probably won’t know what effective analysis looks like when they show up for work, so CFOs have to teach them. Here’s how.
