In data management (DM), we have a plenty of data management maturity models, the most well-known are: DAMA-DMBOK, DCAM, CMMI CERT-RMM (Data Management Maturity Model) by CMMI, and a few others. When I look at all of these models...
FP&A needs to increase its value for the business and the way to do it is through of business partnering. In this article, I would rather like to address a few practical challenges, the following two in particular: who are FP&A business partners, and how we, FP&A professionals...
Why does a company need FP&A, and what value does it bring to the business? I will discuss some insights which I have gained from looking at it from the perspective of the business canvas model, primarily used in Business Architecture...
If you are going to implement the data management function, your first step is to look at existing industry reference guides. Your first choice will definitely be the DAMA-DMBOK Guide by...
...or thoughts on the optimization of the FP&A value proposition. Imagine you have 3 minutes to explain to a six year old what FP&A is and what place it takes in a business ecosystem. Tough, isn’t it? Once I came up with an analogy of...
The role of FP&A in business has changed drastically during the past few years. ‘Strategic advisor’, ‘change agent’, ‘business partner’ : these terms are very characteristic for the new trends that are arising in the world of FP&A. The subject of building an effective...
Nowadays a lot of concerns in business environment are focused around data. There are several drivers for that, such as regulations (e.g. GDPR), the growing amount of data, new technologies in data processing and analysis etc.
During a meeting a few days ago, I have received a challenging request: explain in 15 minutes how you can implement data management using the well-known Data Management Body of Knowledge (DAMA-DMBOK2)...
‘If your company is ready for GDPR (General Data Protection Regulation), please raise your hand’: the chairman asked the participants of the GDPR congress organized by Heliview. Guess how many people raised their hands? Right, no one...
Part 3 of the 'FP&A and the three-headed serpent' series. The data you deal with, is the tip of the iceberg. The major part of data processing is the part that is hidden beneath the water. And this is also the place of origin of all the data quality issues. You do not have...
