Actionable Profitability Analytics - Wise, Scott
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Traditional accounting methods provide a wealth of information about a company's financial health, but they can only reveal so much. In addition to understanding "what happened" in terms of expenses and income, cost and profitability analytics consider "why it happened" by constructing a multidimensional view of a diverse set of variables examined on a granular level. In Actionable Profitability Analytics, Scott Wise teaches how to establish a foundation of transparency, good governance, and guiding principles before launching into the methodology of multidimensional profitability and…mehr

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Produktbeschreibung
Traditional accounting methods provide a wealth of information about a company's financial health, but they can only reveal so much. In addition to understanding "what happened" in terms of expenses and income, cost and profitability analytics consider "why it happened" by constructing a multidimensional view of a diverse set of variables examined on a granular level. In Actionable Profitability Analytics, Scott Wise teaches how to establish a foundation of transparency, good governance, and guiding principles before launching into the methodology of multidimensional profitability and strategic cost modeling. He then addresses the challenges of implementation, cogently explaining how to bring it all together to generate a real impact on the bottom line. This book will empower you to make crucial business decisions with an unprecedented depth and granularity of information, instead of relying on limited or erroneous data or gut feeling. It's not just a different kind of number-crunching. It's a completely new method of doing business.
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Autorenporträt
As founder and CEO of Armada Consulting, Scott Wise is a leader in the cost management and profitability analytics space, where he has spent decades developing and deploying performance and profitability systems for some of the largest and most prestigious corporations in the world. Prior to founding Armada in 2002, Scott held various leadership positions in performance management in the banking industry and was Managing Partner in Finance, Risk, and Compliance for a major consulting firm. In 2012, he launched Armada Solutions, a software company dedicated to cost and profitability analytics applications that are now deployed at three of the top ten US banks. Scott was educated at Oklahoma State University, with a degree in accounting, and is an adjunct faculty member of the FMS Profitability Institute. As an author and presenter, he has contributed to numerous publications and industry-leading conferences. Scott also serves on various community boards for entrepreneurship and economic development.