Digitization of Corporate Performance Management: Revolution or Evolution?

Sascha Brosig, Carsten Bork, Walid Mehanna and Stefan Tobias
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Sascha Brosig: Controlling & Finance, Horváth & Partners
Carsten Bork: Controlling & Finance, Horváth & Partners
Walid Mehanna: Horváth & Partners
Stefan Tobias: Controlling & Finance, Horváth & Partners

A chapter in Performance Management in Retail and the Consumer Goods Industry, 2019, pp 49-65 from Springer

Abstract: Abstract This contribution describes the change in performance management caused by digitization and corresponding consequences in various matters. In the first chapters, a fundamental change in the paradigm of business steering is addressed and additional new tools for business steering are elaborated. As a necessary basis for digitization, the entire topic of big data is discussed to build proper understanding, especially for the limits of big data. Digitization will not only change tools or data, but will also change the culture and required profiles for the finance department which will be highlighted in the last chapter.

Keywords: Automatization; Big data; Digitization; Performance management; Scenario modeling; Predictive models (search for similar items in EconPapers)
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-030-12730-5_4

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DOI: 10.1007/978-3-030-12730-5_4

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