The Rise of the Modern Manufacturing CFO

The role of CFO at innovative product companies has quickly evolved from “bean counter” to powerful agent of change and business leader. In manufacturing's past, the role of the CFO has been limited to accounting practices, such as ensuring company compliance with financial reporting and control requirements — rather than any direct involvement in specific IT strategic initiatives.

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Listen to Your Customers

Here’s a connect-the-dots exercise. Design-focused companies have outperformed the S&P 500 index by 228 percent in the last decade. Salesforce, which offers the most intuitive, highly configurable CRM SaaS solution on the market, grows 25% year over year. In a recent CNN product design survey, two of the top ten product designs in the last century — according to design experts — were from Apple, a company soon to be worth a trillion dollars.

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How Smart Manufacturers Get "Exotic Personalities" to Collaborate Nicely

A few months ago, I wrote an article about the dangers a company faces when one of its employees raves about Olive Garden. The issue isn’t that the Olive Garden lover is a problem employee — it’s that anyone tarred with the “Olive Garden lover” brush will unfairly get thrown under the bus when failures arise in a manufacturing company’s supply chain.

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Demystifying China's Cybersecurity Law

By now, most are aware of The People’s Republic of China’s new Cybersecurity Law which took effect June 1, 2017, in efforts to improve national cybersecurity for the largest digital shopping and mobile/internet based financial service markets in the world. Intense discussions and debate continue within government offices, multinational businesses and human rights circles regarding the new law’s uncertainty and vague sets regulations. Enforcement of localization for foreign firms has been delayed until Dec 31 2018 to provide time for companies to prepare for compliance which will often include costly upgrades in efforts to meet tighter government scrutiny while still maintaining as much control as possible over intellectual property.  

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Danger! Beware a Digital Chasm, Swallowing the Unaware

This is a red flag warning for those who think digital technology is something the IT department does! It is not; today digital technology is the purview of Boards and Senior Executives.

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