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Who Will Run Your Supply Chain Tomorrow?

November 29, 2012

Today’s supply chain organizations are faced with the need to re-tool their talent to take better advantage of new technology, adapt to regulatory changes, support corporate initiatives, and meet increasing customer demands. At the same time, an aging utility workforce (among the highest of all industries in the United States) and a new generation of workers with different goals and expectations are creating a complex talent environment. Supply chain organizations that have not prepared for these challenges can expect to be heavily impacted by a fast-approaching loss of tribal knowledge and business experience.


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Utility Supply Chain Talent Management

November 8, 2012

Results from the ScottMadden UMMBC 2012 Survey

Many companies proudly claim that their employees are their most valuable asset. As an organization whose business it is to manage the purchases, stock levels, and provision of critical materials and services on a daily basis, one could argue the supply chain organization should be just as adept at managing its human assets. However, recent studies have shown that external labor market pressures, changes in the characteristics of the labor force, and inter-organizational disconnects (e.g., between HR and supply chain) are among many factors challenging supply chain’s ability to field the skilled workforce needed.


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Business Analytics – How to Bridge the Gap Between Knowledge and Results

November 7, 2012

Introduction

Business analytics and its potential value to organizations have been a frequent topic of discussion across industries over the last several years. Organizations have spent significant time and money installing and stabilizing Enterprise Resource Planning (ERP) systems, data warehouses, and Business Intelligence (BI) tools in an effort to more accurately capture operational data and use it to predict future business performance. The age of social media has spawned a whole new focus on “unstructured data” and how to analyze such information, while advances in digital and mobile technology have allowed us to collect data for almost anything.


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ScottMadden Insight: Generation Trends – What Are the Impacts on Transmission?

October 29, 2012

Infocast’s Transmission Summit West Executive Forum

A partner at ScottMadden, presented “Generation Trends – What Are the Impacts on Transmission?” at the fourth annual Transmission Summit West. This presentation focused on how natural gas prices, carbon legislation, and renewable generation sources will drive the need for transmission infrastructure investment.

The Energy Industry Update – American Gas Association Executive Conference Special Edition

October 22, 2012

Global Business Services (GBS)

October 15, 2012

GBS Models: Improving Performance and Reducing Costs

Many successful companies gain market advantage, operational efficiencies, and flexibility via a leaner, focused, and more nimble services organization. To achieve the full extent of these benefits, leading companies leverage a Global Business Services (GBS) model.


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Building a Better Supply Chain Organization

September 5, 2012

Supply chain is the planning, acquisition, receipt, and management of goods and services from external suppliers for the purposes of creating goods and services for a company’s customers. Supply chain processes cover a broad range of functions, which are typically performed by multiple business units across an enterprise. For many utilities, there are significant gaps between senior executives’ views on the
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The Next Wave in Finance & Accounting Shared Services – Establishing Centers of Expertise

August 31, 2012

Everything You Always Wanted to Know about Finance and Accounting Centers of Expertise, But Did Not Know to Ask

As finance and accounting shared services operations continue to mature, companies are increasingly attempting to add more value by “moving up the value chain.” While there are various ways to expand shared services, one of the common philosophies is to implement Centers of Expertise. But what is a Finance and Accounting Center of Expertise? What makes it different? Who should lead it?

This article offers ScottMadden’s perspective and attempts to answer “everything you always wanted to know about Finance and Accounting Centers of Expertise, but did not know to ask.”

Creating IT Value: A Better Way to Make IT Investment Decisions

August 28, 2012

An Alternative to IT Business Cases

All IT organizations are resource constrained—demand exceeds supply. Organizations need criteria to decide which projects warrant allocation of high-value constrained resources. This is the second in a series on maximizing IT investment value.


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Supply Chain Strategy: Creating Clarity and Improving Your Business Strategy

August 20, 2012

While corporate leaders increasingly recognize the value of supply chain, overall supply chain performance still lags as many companies have not designed or aligned their organizations around a clear supply chain strategy. This drives a vicious cycle that locks the supply chain into the role of an arms-length order-taker.


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Natural Gas Vehicle (NGV) Overview – Trends and Implications

July 10, 2012

Several issues have increased interest in developing vehicles fueled by natural gas. NGVs are expected to provide some key benefits, including greater energy independence and lower fuel costs. While the outlook for this industry is promising, there are significant hurdles that could impact NGV development. This report provides insight on NGVs and implications for the natural gas industry.

Three Steps for Strategy-Driven Talent Management

June 28, 2012

A Guide for Managing Talent in Shared Services Organizations

Talent management has become a critical topic for shared services leaders as they face the challenge of attracting and retaining the best and brightest talent for their shared services organizations (SSOs), while managing costs and performance levels in a hypercompetitive environment.

To address this topic and learn about industry best practices for talent management, ScottMadden designed a study focused on talent management for SSOs. This study was the first cycle of a multi-year study of industry-specific trends in talent management.

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.