Project Background This company operates a chain of more than 500 luxury department stores and off-price designer outlets, as well as a direct-to-consumer ecommerce division. The “new” CFO was a longtime employee recently promoted from within—after a brief stint in IT as part of a management rotational program. From this IT assignment, he learned that …
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Our previous article in this series shone a spotlight on the lean six sigma finance transformation challenges in the fiercely competitive world of retail operations. This article zeroes in on an equally high-pressure environment: Retail investment management. The Lab has extensive experience in this realm, helping firms from regional players to top-five global powerhouses. The …
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Our last article served up its share of war stories from the front lines of finance transformation in the world of lean principles in insurance. In this article, we’re sticking with the topic of lean finance transformation, but we’re shifting the venue to the fast-paced, ultra-competitive, razor-thin-margin, zero-room-for-error realm of retail operations. Some people may …
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Our last blog article discussed the challenges of lean finance management transformation in hospitals. In this article, we’re sticking to the topic of lean finance transformation. But we’re changing the venue to insurance. Are there more similarities than differences? Read on, and decide for yourself. Finance transformation with lean principles and the CFO in the …
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