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Digital skills

From insight to impact - unlocking opportunities in big data: Full report Logo cgma

  Free |   CIMA |   Oct 2013 |   CGMA.org

‘From insight to impact - unlocking opportunities in big data' investigates how leading finance professionals are using data to drive commercial impact. Finance professionals have access to an almost unlimited wealth of data sources, from call centre recordings to customers’ social media posts. We need to look beyond traditional business metrics and recognise the commercial potential of embracing this wider set of data.

There is a key role for finance here, in working with the business to deliver on the potential of big data - from driving great efficiency to developing better KPI metrics - through data-driven decision making.

Key findings

•There’s a steep learning curve for firms looking to use data to its full potential •Finance professionals have the right skills to translate data into commercial insights and value. •Close finance/business partnering is crucial in delivering on the potential of data •Data offers new career opportunities as the demand for these specialist skills increases

Topics covered:
  • Management accounting: Technical: Management reporting & analysis: Financial analysis, Expert
  • Management accounting: Technical: Accounting information systems: Information systems environment, Advanced
  • IT management & assurance: Technical: IT risk & assurance services: Evidence gathering, Advanced
  • Management accounting: Digital skills: Data strategy and planning, Advanced
  • Management accounting: Digital skills: Data analytics, Foundational

2 Comments/Reflections

Simon Jeffery

Simon Jeffery Dec 2015

I have recently read the new CGMA report "From insight to impact - unlocking opportunities in big data" and have commented on it on the CGMA group page. 

I was also invited by Peter Simons at CIMA to appear on a panel with colleagues from CIMA at the CGMA European Conference in November 2013 to discuss this report.

Dec 2015 - Please see the recent entry I have made on this as I cannot find my original entry from the old CIMA CPD Planner

Simon Jeffery

Simon Jeffery Dec 2015

I have recently read the new CGMA report "From insight to impact - unlocking opportunities in big data" and have commented on it on the CGMA group page. 

I also enjoyed appearing on a panel with colleagues from CIMA at the recent CGMA European Conference to discuss this report.