December 2018
Intermediate to advanced
178 pages
4h
English
Content preview from Strategic Cost Transformation
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The suggestion with BDM is that companies can, and in fact should, focus their managerial attention on the OC Domain. This includes both operational and financial analyses related to cash, cash flow, and managerial decisions. The data available in the OC Domain are tied to the source that created them and all data are unperturbed. Hence, they are operations and cash data in their native format. This makes them much easier to understand, interpret, and ultimately manage. For example, which is easier to comprehend and address? That you ran a $1.89 negative variance or that you made 18 units when the target was 20?
Since all business data are created in the OC Domain and are then transformed into the Accounting ...
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