Top-Down Versus Bottom-Up

Thomas Schneider

Chapter 11 in Digitalization and Artificial Intelligence, 2023, pp 57-61 from Springer

Abstract: Abstract The first starting point for digitization in controlling is reporting. This is a core competence of controlling and the company management is directly involved as the most important addressee, but other managers also receive the corresponding reports, so that the entire first management level is addressed. The biggest challenge is the non-standardized information. In most companies, there is a considerable proliferation of data. What is needed is a standardized process for handling it, with the CRISP-DM model providing a standard. The most effective element of implementation would be a simple Excel ban for controlling. Controlling should encourage all employees to explicitly search for digital solutions in their areas of responsibility, while pointing out the defined limits at an early stage and ensuring compliance with the established rules of the game.

Date: 2023
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DOI: 10.1007/978-3-658-40383-6_11

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