In the previous post, we examined the first three biggest Excel spreadsheet failures. In this post, we will go through the remaining four examples of why spreadsheets can become a finance professional’s worst nightmare.
Recent TRG blog posts
Rick Yvanovich
Recent TRG Blog Posts
7 Worst Financial Fiascos caused by Excel errors (Part 2)
Posted by Rick Yvanovich on Sun, Dec 10, 2017
Blog Topics: CFOs, Enterprise Performance Management (EPM), Financial Accounting Management Software
Why most Digital Transformation Projects Fail
Posted by Rick Yvanovich on Mon, Dec 4, 2017
Despite all the hype about Digital Transformation, most companies are still in the very early phases of digitalisation. According to a 2016 report from analyst firm Forrester, only 11 per cent of companies surveyed are digitally mature.
Blog Topics: Cloud Computing, Enterprise Resource Planning ERP
Professionalism in the Workplace – Do’s and Don’ts
Posted by Rick Yvanovich on Tue, Nov 28, 2017
Each of us has our own definition of “professionalism.” More than just dressing appropriately according to the company’s policies or showing up for work on-time, professional work manners are also defined by your behavioural conduct and communication style at work.
Read more: How Is TRG Adapting to the New Normal of Virtual Office Post COVID-19?
Blog Topics: Talent Management
Industry 4.0 – Opportunities & Challenges
Posted by Rick Yvanovich on Wed, Nov 15, 2017
The very first industrial revolution began sometime in 1760 with the increase in steam power usage, marked the rise of the factory system. Then came the second revolution following the introduction of electricity at the start of the 20th century. The third revolution began with the introduction of automation and information technology into factories. We now welcome the new age with Industry 4.0, the fourth, and certainly not the last, of the industrial revolution.
Blog Topics: Cloud Computing, Business Intelligence, Enterprise Resource Planning ERP
5 Principles of Effective Organisational Coaching
Posted by Rick Yvanovich on Thu, Nov 9, 2017
Finding ways to unlock an individual's hidden talents and maximise their performance is not at all an easy task. If you are able to unleash your employee’s full potential, you now have the ability to reshape their attitudes, behaviours and even their skill sets to encourage them to move forward.
Blog Topics: Talent Management
Giving "difficult" high performers special treatment: yes or no?
Posted by Rick Yvanovich on Thu, Nov 2, 2017
A high performer can be 4 times more productive than a normal employee. Having at least one of these star employees in your team can help motivate other members.
Blog Topics: Talent Management
Revisiting the Origins and Definition of Business Intelligence
Posted by Rick Yvanovich on Mon, Oct 30, 2017
Today, Business Intelligence or Business Analytics sounds like a novel concept born in the Digital Age. But the first Business Intelligence-like application was actually created more than 65 years ago in a British tea shop.
Blog Topics: Business Intelligence, Analytics
How has Dana-Farber shortened their budget cycle by 40 per cent?
Posted by Rick Yvanovich on Fri, Oct 27, 2017
Dana-Farber Cancer Institute has been able to slash the time required to complete their budget process by 40 per cent. And this is just one of the many benefits of an Enterprise Performance Management system.
Blog Topics: Enterprise Performance Management (EPM), Financial Accounting Management Software
[Infographic] Blockchain Explained in 3 Minutes
Posted by Rick Yvanovich on Wed, Oct 25, 2017
Everybody seems to talk about blockchain these days. But what exactly is blockchain? There is no shortage of definitions on the internet, but many are too technical for a typical C-level executive to understand.
Blog Topics: Technology trends, Analytics
How Oil Companies Adapt to the New Normal of Low Prices
Posted by Rick Yvanovich on Thu, Oct 12, 2017
Depressed demand and increased supply have caused oil prices to fall from over US$100 per barrel in July 2014 to $30 in February 2016. Even though prices have increased somewhat since then, with Brent reaching a five-month high of US$55.99 per barrel on September 15, many experts remain sceptical about the outlook of oil’s US$50-plus status1. Oil and gas companies, therefore, are bracing for an extended period of low oil prices.
Blog Topics: Financial Accounting Management Software