The KnowledgeLeader Blog
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IT Governance Opportunities in the Age of Digitalization
Sustaining an effective business model in the face of digital disruption requires a strong foundation of IT governance able to scale and adapt to modern enterpris...
How Quick Is Your Financial Close Process?
"Close the books" is a process that a corporation uses to reconcile, consolidate and report financial information on a periodic basis. Each company defines closin...
How to Build an Effective Business Process
Key Performance Measures Improving the ProcessAn effective business process is built on a set of well-defined and clearly-stated business objectives. These key ob...
Settlement Risk: Using Key Performance Indicators to Mitigate Exposure
Settlement risk, in its simplest form, is the risk that one party won’t hold up their end in a transaction. There are several reasons this can occur, includi...
Measure Cost-of-Quality to Improve Product Quality
Total quality management requires commitment and persistence. Quality will always have a cost, but many companies are demonstrating that investments in quality al...
What is Design Risk and What Risks are Associated With System Design?
To “design” is to create, fashion, execute, or construct according to plan. The term design as used here refers to the entire scope of a project. A business syste...
Business Intelligence Competency Centers Overview and Guide
The objectives of a business intelligence competency center (BICC) are to provide the organization with better control over operational and financial reporting, r...
Exploring the Big Picture of IT Risk Assessment
Most, if not all, business transactions executed today touch the information technology (IT) environment at some point in their lifecycle. As organizations plan f...
What is Financial Instrument Risk?
What is Financial Instrument Risk?Buyers and sellers may enter into sub-optimal financial or commodity instrument structures that have been standardized for effic...
What You Need to Align IT Management With Business Priorities
The "Holy Grail" for IT has always been to be closely aligned with business efforts. For years, business has encouraged IT to focus on delivering business priorit...
