^The APQC Blog

“Change is inevitable.” 

“The only constant is change.” 

Continuous improvement is the ongoing improvement of business processes in terms of quality, improvement, cost, or cycle time.

APQC conducted its annual 2024 Financial Management Priorities survey in late 2023 to better understand the focus areas, initiatives, and challenges that will shape the finance function in 2024.

While organizations cannot avoid the unexpected, supply chain professionals can develop a “just in case” playbook with contingency plans to activate when alternatives are needed.

It’s hard to look at the DEI news and not come away discouraged. 

Since the turn of the new year, there have been reports of:

Talent development is the process of building upon an employee’s skillsets to advance individual competency or growth within the organization.

In my 2024 predictions blog on November 14, 2023, I discussed how business leaders continue to see the connection between knowledge management (KM) and the overall success for their organization.

Process mapping is one of the ways organizations can document and understand their processes. 

Waiting until the last minute to start year-end closing can add to the already stressful process. By performing pre-close activities throughout the year, accounting teams can ensure a faster and easier cycle time and alleviate some of the year-end pressure. 

Every year, we conduct a survey of process professionals to understand the current priorities and challenges they expect to face in the coming year.