10 October 2019
5 suggestions to take decisions with moderated risks
The innovation isn´t only for startups! Businesses established with long success stories must also possess a strategy to implement innovation and considerate which are the moderated risks to take to the future success. Forward is that the way! The transformation must be financial and digital so that your business continues to develop. You should have attention that the consumers preferences also change with the generations and to millennials, delight a “always on” communication, that is, a retail experience of omnichannel. Don´t wait to make changes in your business More and more there is timeliness in the information, the same that happens with innovation, what is innovative today, tomorrow may not be. So, decision make should be also quickly and assertive in order to follow all the development that happens in every areas and sectors. It is noted that these changes should be communicated to workers and integrate them in this process is the key! Consider new technologies as Blockchain The blockchain came to introduce visibility in real time. Instead of a supply chain without data taxonomies, can create a most productive chain following product travel along the audit path, more safely. Consider that the safety probably may provide new models of business, services and products, because, is eliminated the lack of the security factor in data transaction. Analyze how Finance can implement innovation The technology has the capacity of improve our operation models and how we run our business and still allows us to present considerable changes. But also, the potential to disrupt everything we do. This force us to question our purpose because we exist, and what we do”.As the analysis of IA improves, need to analyze his place in the work world, by the way, several authors suggest that his function is to have creativity and vision. Introduce knowledge and new thinking In past times, the financial directors should bring balance to investment debates with focus on returns and the robustness of the balance paper. Nowadays, the CFO should be ready to drive their businesses in way of innovation adopting the right model of resources allocation. Therefore, goes through conceiving the right structures to develop a free thought, without losing the business objectives. For this, should integrate into their teams, several specialists with new perspectives and without restrictions. Mix capacities and varied contexts, different market comprehension, products and technologies. Change the way of using data The financial always knew how to give the best possible use to the real mine that are every business data. What is proposed it´s an expansion of data definition and how far can their business take them. We don´t talk only about operational metrics, think too in qualitative data, beyond the quantitative! Is part of the role of an CFO understand the inherent value in each resource and always search new ways of applying it. Potentiate and allow this type of synergy between technology and finances and you have a most innovative future to your business!