Gary Cokins - Moving from Opinion to Facts in Reducing Business Risk | Ep.034

Tech for Finance

Join us for a compelling conversation with Gary Cokins, the founder and CEO of Analytics-Based Performance Management. Throughout this enlightening episode, we traverse Gary's impressive career, from his football days at Cornell University to his impactful roles at Deloitte, KPMG, and SAS. Gary, a celebrated author and inspirational figure in the world of analytics, shares the secret to his youthful energy at 74 years old and the motivations that drive him.

We navigate through crucial topics such as overcoming resistance to change and the importance of asking the right questions to spur change. Gary provides valuable insights into obstacles that hinder the integration of performance management methods and shares his formula to overcoming resistance. As we further the discussion, we discuss the importance of strategy maps and key performance indicators in achieving success. Gary provides a deeper understanding of the balance scorecard developed by Dr. Kaplan and Dr. David Norton and offers invaluable advice on data collection and strategy execution.

In the final part of our conversation, we transition from data to insights. Gary elaborates on the significance of data modeling and shares his thoughts on the minimum viable amount of data required for advanced analytics. We wrap up with an insightful discussion on how to maximize business success in EPM implementation and the necessary tools to achieve strategic goals. Tune in for this illuminating conversation with Gary Cochens as we explore the intricate world of analytics in performance management.

--------- EPISODE CHAPTERS ---------

(0:00:00) - Analytics in Performance Management

(0:09:25) - Overcoming Resistance to Change and Implementation

(0:13:43) - Creating Change Through Asking Questions

(0:16:52) - Strategy Map and Key Performance Indicators

(0:34:16) - From Data to Insights

(0:46:56) - Maximizing Business Success in EPM Implementation

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