Redefining UK Performance. Wednesday 5th October
The Game is Changing: How Cognitive makes sense out of financial uncertainty.
The challenges facing today’s finance leaders are many, varied and occasionally daunting - but not since the financial crisis of 2008 has the landscape been so uncertain, following Britain’s vote to leave the EU.
Everything now seems variable. Whether it’s labour costs, or interest rates, or recruitment policies, or the supply chain, or demand from existing customers, or sales from overseas. Many questions are being asked but there are few definite answers and decisions will be delayed. The need for informed planning becomes event greater.
Disruptive technologies are driving the creation of new business models and digital ecosystems with the need for rapid transformation. Finance leaders must transform cost structures and allocate resources to advanced analytics and cognitive capabilities. The pace of innovation, data complexity, volume growth and business expectations are placing enormous demands on finance. The finance function needs to objectively evaluate all facets of the operating model with the shift to digital.
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