White Paper

Payment Options for Today’s Talent Profiles: The Workforce of the Future Is Here—Is Your Pay Model Ready?

June 18, 2019

Organizations are working on more flexible payment options, including same-day pay, as an incentive to attract and retain top talent within a tight and “gig” economy-focused labor market.


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Changing Finance Skillsets in a Digital World: How the Wave of Technology Is Changing the Skillsets Financial Employees Need

June 14, 2019

A DAY IN THE LIFE OF SUSAN

Susan, a well-respected director at a large multinational luxury retail corporation, walks in on Day 1 of the monthly close process. Susan begins to review a new set of reports that were just run prior to her arrival. The data visualization report shows the validated month-end activity sitting in the distributed ledger, as well as a forecast of the month-end revenue and expenses.
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The Race to Recruit: How Leading Healthcare Organizations Are Winning the Talent Acquisition Challenge

June 7, 2019

The workforce shortage is changing the way healthcare organizations attract, engage, and retain talent. The race to recruit is on.


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Spinning Our Wheels: How Nuclear Plant Closures Threaten to Offset Gains from Renewables

June 4, 2019

The United States has worked to combat climate change by focusing on lowering the greenhouse gas (GHG) emissions from the electric generation sector. One key strategy has been to invest in the growth of renewables, principally solar and wind. This strategy, underpinned by tax incentives, has helped wind and solar grow from 1.3% in 2008 to 8.8% in 2018 of the electricity produced in the United States. Adding that to existing hydro and nuclear (both GHG emission free), the United States now gets 35.2% of its generation from clean sources (chart 1). That is the good news.


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New York Energy Storage Order

May 9, 2019

Introduction

On December 13, 2018, the New York Public Service Commission (PSC) issued an Order[1] setting energy storage targets for New York state and establishing policies to drive energy storage development. The Order enacted many of the recommendations from the New York State Energy Storage Roadmap,[2] published in June 2018 by the New York State Department of Public Service (DPS) and New York State Energy Research and
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Charging Up: A Review of Electric Vehicle Workplace Charging

April 1, 2019

The United States hit an electric vehicle milestone late last year. In October 2018, we crossed the threshold of one million plug-in electric vehicles sold. Electric vehicle sales are forecasted to expand even faster as new models become available to consumers. You would think that this means only positive environmental and economic outcomes.


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Five Keys to a Successful Shared Services Transformation

March 19, 2019

Is your organization ready to implement a leading practices shared services delivery model? When organizations effectively implement a shared services delivery model, they can benefit from improved customer experience, better cost control, heightened scalability and integration, and improved transparency across enterprise data. In order to achieve these results, outlining a clear vision, maintaining support from stakeholders, forming an effective implementation team, calculating the benefits, and ensuring an effective framework for change are necessary elements for success. We have identified five key steps to ensure the successful transformation to a leading practices shared services delivery model.


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Designing a Leading Practices Service Delivery Model with Shared Services

March 19, 2019

There is significant pressure on organizations to be financially nimble, lead the people and cultural aspects of the organization, standardize and globalize operations, consumerize service experiences, and cut costs. While meeting these new challenges, corporate functions providing internal service are also being required to be more business oriented. Terms like “strategic,” “business partner,” “scalable,” and “value-added services” are frequently used to describe the ideal functional organization.


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Innovating to Improve and Mature Your Shared Services Organization

March 19, 2019

Has your shared services organization continued to advance in terms of customer service and services offered? If not, it may be time to consider an upgrade. In order to continue to bring value to the business and keep costs down, shared services organizations must innovate, and ScottMadden can help.


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Illinois Remains at the Forefront of Grid Modernization Advancements: DERs, Renewables, and Beyond

March 6, 2019

Introduction

There are a handful of states that can be counted on to lead change in our nation’s electric industry. For anyone interested in the progress of grid modernization, Illinois is certainly a place to look. Through a series of forward-thinking legislative pieces beginning with the Electric Customer Choice and Rate Relief Law in 1997, Illinois has positioned itself at the forefront of advancements in the industry.


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One Step Forward, Two Steps Back… The Worsening Risk of Losing Carbon-Free Generation in the United States

March 6, 2019

The Security Operating Model: Integrating Risk with Business Planning for Increased Alignment and Security Maturity

January 15, 2019

A security operating model enables an organization to focus on identifying risks, recommending risk responses, facilitating tradeoff decisions related to these risks, and providing a line of sight to the execution of these responses. The core of this model is a collaborative continuous improvement process designed to sustain the controls that secure the enterprise. You can learn more about the advantages of a security operating model in “The Security Operating Model: A Strategic Approach for Building a More Secure Organization.”


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Welcome to ScottMadden!

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.