White Paper

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

In April 2018, ScottMadden published, “While You Were Sleeping: The Unnoticed Loss of Carbon-free Generation in the United States.” In that paper, we highlighted how the climate progress made by the addition of new carbon-free electric generation from solar and wind was in danger of being largely “given back” due to the potential loss of existing carbon-free nuclear generation. Our analysis showed that while solar and wind accounted for a total of 333,000 GWh in 2017, nearly 70% of that carbon-free generation could be negated by early retirement of 23 nuclear plants “at risk” of closure.


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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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Advantages of Cognitive Recruiting

December 5, 2018

Introduction

The wave of automation is taking root in talent acquisition. Talent acquisition is reaping the benefits of intelligent automation (IA) and using it to transform sourcing, recruiting, and onboarding processes. This article will introduce the concept of cognitive recruiting and cover the benefits and considerations of implementing these capabilities within your talent acquisition organization.


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Establishing a Center of Expertise for an Enterprise-wide RPA Program

November 14, 2018

As companies begin the journey into Intelligent Automation (IA), they often start with a Robotics Process Automation (RPA) pilot. An RPA pilot provides a test case for automation of a process and is governed more easily than an enterprise-wide program. As a pilot, the limited processes (often one process) have little impact on the entire company, and longer-term operational decisions about RPA do not have to be resolved. However, as RPA implementations expand within your organization, you will need to answer more complex governance questions regarding workforce management, vendor selection, infrastructure, robot maintenance, RPA orchestration across departments, and robot development standards. An enterprise-wide RPA governance model will eventually be required to efficiently manage numerous robots performing tasks that touch multiple business units, functions, and/or internal/external customers.


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Powering On: Four Factors to Energize a Corporate Renewable Energy Program

September 17, 2018

Corporate Renewable Energy Program

The private sector is increasingly turning to renewable energy to achieve corporate sustainability goals. In order to accomplish this successfully, these companies depend on a clear corporate renewable energy program. A corporate renewable energy program is an implementation and management framework to help companies integrate renewable energy into their business operations. An effective program will include a clear goal (e.g., 100% renewable energy sourcing), a defined procurement strategy (e.g., renewable energy certificates (RECs), power purchase agreements (PPAs), etc.), and an iterative underlying process for ongoing management.


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Leveraging RPA to Enhance the Employee Experience

September 10, 2018

Innovative Solutions

Robotic Process Automation (RPA) is being used by many organizations as an innovative way to improve business performance and gain process efficiency. RPA is a technology solution that allows you to automate repetitive, rules-based processes through use of computer software. In our previous white paper, “RPA: Innovative Transformation Tool for Shared Services,” we describe how RPA is “a transformational tool that has the ability to lower operating costs while simultaneously increasing efficiency, scalability, consistency, reliability, security, and transparency.” These benefits make RPA an attractive addition to your process improvement toolbox and allow you to take your shared services organization to the next level.


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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.