Grant thornton international business report malaysia chronicle

A wider culture of inclusion championed from the top is needed to create change. Business needs to focus on the vital role leadership and culture can play in creating real progress in gender balance. We have learnt that initiatives to fix women into the existing way business operates miss the real opportunity of diversity in the workplace.

Who's embracing the latest finance technology? Is your organisation ready to make better business decisions? Why is a clear strategy so important? Almost a third of companies are yet to construct a strategy and business case around digital finance transformation.

Private business | Grant Thornton LLP

All too often we see ownership and responsibility for decisions on IT systems and technology delegated to the IT function with minimal or no business input. They are then surprised when they come to implement that technology and the affected areas of the business have no engagement and it ends up being a poorly implemented, poorly used technology.

There is a nervousness about being early adopters. Mature markets are more risk averse and holding off to see how cloud develops.

Grant Thornton Malaysia | Audit, Tax & Advisory services

However, it often comes back to challenges around the quality of data. North America is leading the charge on business intelligence, visualisation and data dashboards, while there is a solid adoption across the globe of EPM tools, such as financial planning, close and consolidation software.

When I go into finance functions the failure to properly embed quality EPM is the largest single source of inefficiency in a finance function.

We can also see that the US is a bit further down the line, as shown by its lead in business intelligence and advanced analytics.

The report surveys more than 10, senior executives in 37 economies on an annual basis, providing insight into the economic and commercial issues affecting both listed and privately held businesses.Significantly more businesses around the world (75% in v 66% in ) now have at least one woman on the senior management team, but the proportion of the team that is female has slipped from 25% to 24%, according to Grant Thornton International Ltd.’s annual Women in Business report.

KUALA LUMPUR: Eighty per cent of businesses in Malaysia now have at least one woman on their senior management team compared with the global average of 75 per cent, according to Grant Thornton International Ltd’s annual Women in Business Report.

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