Everyone knows the problems, some are solving them!

Everyone is familiar with the macro issues today: globalization, shifting demographics and uncertain economics (market volatility).  This raises a profound question, What can accounting tell us about that?  By its nature accounting deals with past activity and publishes lagging indicators about tangible assets.

However, according to the latest Conference Board survey of over 700 CEOs worldwide their three chief concerns are: top line growth, excellence in execution and talent investment.  Accounting only deals in revenue, not execution or talent, except as an afterthought.

Clearly, we need leading indicators that cover the intangibles.  Strategic issues of leadership, engagement, readiness, capabilities, loyalty and so forth are the language of the emergent market.  We won’t solve strategic issues with tactical responses such as new software; except if we embed the software in operating systems.

The wiser vendors such as Oracle, SuccessFactors and KnowledgeAdvisors to name a few, are working on systemic applications supporting improved execution and performance measurement.  That is where the game is.  Get in front of the parade, not behind it. 

This why we are launching Predictive Management soon.

 

Best regards,
Dr. Jac