While corporate leaders increasingly recognize the value of supply chain, overall supply chain performance still lags as many companies have not designed or aligned their organizations around a clear supply chain strategy. This drives a vicious cycle that locks the supply chain into the role of an arms-length order-taker.
Jason Davis, a director at ScottMadden, spoke with GenerationHub about infrastructure issues that could undermine the growing use of natural gas for electric power. Membership is required to access the full article. To register, click here.
Author: Wayne Barber, GenerationHub
Finance organizations, like many corporate service functions, strive to be business partners providing value-added services to their business unit customers. This article, published by Strategic Finance Magazine, profiles Exelon’s ambitious effort to remake their finance organization, taking its performance and leadership to best-in-class levels. Access the complete article today to learn about the approach and process Exelon undertook for their strategic transformation.
Brad DeMent, partner and finance and accounting practice area leader at ScottMadden, recently published an article on finding a strategic location for shared services operations. This report was featured in the April 2012 issue of the online Area Development Magazine.
Success of a shared-services operation depends upon more than just a good plan and solid execution and like any good relationship; it requires constant monitoring and regular maintenance. Without a serious, ongoing commitment by the CEO, CFO, CIO, and managers throughout the company, shared services will implode. The entire corporate way of thinking has to change.
Nuclear Engineering International Magazine highlights the story of a successful performance turnaround at the Salem-Hope Creek nuclear station conducted by Exelon. The article, “A Turnaround Story,” provides an account of how the plant culture was fundamentally transformed based on a proven operating model and a disciplined approach to the turnaround. This approach provides a best practice roadmap for how to transform a poor performer into a plant with sustainable excellence.
For more information about Nuclear Engineering International Magazine or to access the full article, please click here.
This is the fourth and final article in a series jointly developed by APQC and ScottMadden on the topic of Financial Shared Services. The articles are based on interviews APQC conducted with ScottMadden partner Brad DeMent, who leads the firm’s financial shared services practice. This article focuses on determining the
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This is the third article in a series of four jointly developed by APQC and ScottMadden on the topic of Financial Shared Services. The articles are based on interviews APQC conducted with ScottMadden partner Brad DeMent, who leads the firm’s financial shared services practice. This
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This is the second article in a series of four, jointly developed by APQC and ScottMadden on the topic of Financial Shared Services. The series is based on interviews APQC conducted with ScottMadden Partner Brad DeMent, who leads the firm’s financial shared services practice.
This article, published in the December 2010 issue of Nuclear Power International Magazine, outlines our approach for using well defined, quantifiable metrics to benchmark current performance, set “top down” goals for future performance and define specific actions to achieve those goals. Our client for the project as well as our partner in developing the article was Ontario Power Generation’s nuclear generation group, which operates three nuclear generating stations (Pickering A, Pickering B, and Darlington). Thanks to Carla Carmichael, without whom this article would not be possible. Click here to read the full article to learn the specifics for our approach to benchmarking and gap-based business planning.
This is the first article in a series of four, jointly developed by APQC and ScottMadden on the topic of Financial Shared Services. The articles are based on interviews APQC conducted with ScottMadden partner Brad DeMent, who leads the firm’s financial shared services practice.
IT operations are a crucial aspect of most organizational operations. It is necessary to provide a reliable infrastructure for IT operations, in order to minimize any chance of disruption. As the complexities of IT have grown, the demand for computing power has increased the electrical power required for data centers. According to an EPA report to congress, demand for data processing and storage is driven by several factors including the increased use of electronic transactions in financial services, the shift to electronic medical records for healthcare, the growth in global commerce and services, the adoption of satellite navigation and electronic shipment tracking in transportation, and the adoption of Smart Meters in Smart Grid applications. Today’s data centers account for 25% of the corporate IT budget for companies, and expanding data center requirements has driven a steady increase in energy consumption.
Sussex Economic Advisors is now part of ScottMadden. We invite you to learn more about our expanded firm. Please use the Contact Us form to request additional information.
