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Data Science –
Enabling FinanceTransformation
to Evolve
JENNIFER LOUGHRIDGE
TUSHAR BELAPURKAR
YOUR SPEAKERS
FEEL FREETO GET INTOUCH!
§Senior Executive Finance professional with
20+ years’ global experience.
§specialises in Finance
Transformation and Continuous
Improvement, with particular expertise in
Strategy, Performance Management,
Business Partnering, Commercial Decision-
Making, Corporate Governance &
Valuation.
§an experienced leader of large and complex
teams in a global, virtual environment.
§a significant track record exploiting virtual
technology and developing innovative
practices to deliver world-class
transformative process, system and
behavioural change in a complex and
challenging global environment impacting
5000+ FTEs with multi-year, multi-million
US$ budgets
Jennifer Loughridge
jennifer.loughridge@loughridgetransformations.com
§Senior Business & Digital Transformation
professional with 20+ years’ global
experience in Operational Excellence and
Process Improvement Leadership.
§offers services on a project basis.
§most recent assignment was with Shell,
based in Chennai, India, as a Continuous
Improvement Deployment Lead.
§Specialises in Lean Six Sigma, Project
Management, Data Science, Commercial
Acumen, People Leadership and large-scale
Organisational Change.
§delivered US$500 mln+ value across
manufacturing and service functions and
has transformed 30+ functions and
processes over the last 10-12 years of his
career.
§passionate about building upon his existing
skills and leveraging them to create value
for his stakeholders.
Tushar Belapurkar
hptushar40@outlook.com
Mar-22 © Loughridge Transformations Ltd 3
AREYOU ABLETO UNLOCKTHEVALUE FORYOUR
ORGANISATION?
“2022 will be a make-or-break
year for CFOs when it comes to
unlocking the value of AI, hyper-
automation, digital skills,
continuous processes and data
management. CFOs who
continue to drive toward the
future of autonomous finance will
unlock immense value for their
organisation in the years to
come.”
Source:
Garter for Finance: Top Priorities for Finance Leaders in 2022
©2022 Gartner
Mar-22 © Loughridge Transformations Ltd 4
PROTECT
Maintain oversight of assets, value and risk and ensure compliance
OPERATE
Deliver efficient, effective, well-controlled processes
Partner the business with value-based, commercial thinking
IMPROVE
Drive value-based improvement across the business
DIGITISE
Drive use of data, analytics and build of digital capability
INNOVATE
Ensure rigorous, value-based decision-making for innovation
programmes
Robotic Process
Automation
Mimics Human Actions
Software used to capture and
interpret existing
applications for the purpose
of automating transaction
processing, data
manipulation and
communication across
multiple IT systems
Intelligent Automation
Mimics Human
Judgement
Automate non-routine tasks
involving intuition,
judgement, creativity,
persuasion or problem
solving
Artificial Intelligence
Augments Human
Intelligence
The theory and development
of computer systems able
to perform tasks that
normally require human
intelligence
© Deloitte
ELEMENTS OFTRANSFORMATION
Process &
Data
Systems
&Technology
§structure
§capability
§culture
Organisation
Risk &
Controls
© Loughridge Transformations Ltd 5
Mar-22
DATA SCIENCE DEPLOYMENT – OUR STEPPING STONES
TO DELIVERY
1 Create Vision &
Identify Opportunities
• UNDERSTANDING BUSINESS
MODEL
• IDENTIFY KEY CHALLENGES
AND OBJECTIVES
• IDENTIFY OPPORTUNITIES
AND SET PRIORITIES
2 Assess Existing
Capabilities
• UNDERSTAND EXISTING
DATA INFRASTRUCTURE AND
EVAUATE DATA
AVAILABILITY, QUALITY ETC
• UNDERSTAND CURRENT
ANALYTICS,
INFRASTRUCTURE AND
RESOURCE SKILLS
3 Design & Recommend
• DATA AND INFORMATION
STANDARDISATION ACROSS
SYSTEMS
• DEFINE ENGAGEMENT
MODELS - IN-HOUSE, OUT-
SOURCED OR COMBINATION
4 Detailed Action Plan
• DETAILED ROADMAP
• DETAILED PHASED ACTION
PLAN FOR INFRASTRUCTURE,
TOOLS, RESOURCES ETC
5 Governance
• GOVERNANCE MECHANISM -
TEAM ALIGNMENT AND
STRUCTURE
• SENSITISING KEY
STAKEHOLDERS
• INTERNAL TRAINING
Mar-22
© Loughridge Transformations Ltd
RESISTANCE TO READINESS: © IMA Worldwide
6
CHANGE MANAGEMENTTOTARGET MINDSET & BEHAVIOURS
Mar-22 © Loughridge Transformations Ltd 8
Q&A
Feedback
Click Here to open Q&A
THANKYOU FOR JOINING…
We hope you enjoyed the webinar.
Feel free to connect with our speakers:
Register for our next webinar at www.loughridgetransformations.com/learn/webinars
Arrange a call with any of our consultants at: www.loughridgetransformations.com/schedule-meeting/
For more content, take a look at LoughridgeTransformations’ blog:
Jennifer
§www.linkedin.com/in/jennifer-loughridge
§Jennifer.Loughridge@loughridgetransformations.com
Tushar
§www.linkedin.com/in/tushar-belapurkar/
§hptushar40@outlook.com
Nine Steps to Finance
Transformation
Digital Finance Organisation
- AreYou Ready?
DigitalTransformation for
Finance: HowTo Get It Right
Mar-22 © Loughridge Transformations Ltd 9
Loughridge Transformations' Webinar: Data Science - Enabling Finance Transformation to Evolve

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Loughridge Transformations' Webinar: Data Science - Enabling Finance Transformation to Evolve

  • 1. Data Science – Enabling FinanceTransformation to Evolve JENNIFER LOUGHRIDGE TUSHAR BELAPURKAR
  • 2. YOUR SPEAKERS FEEL FREETO GET INTOUCH! §Senior Executive Finance professional with 20+ years’ global experience. §specialises in Finance Transformation and Continuous Improvement, with particular expertise in Strategy, Performance Management, Business Partnering, Commercial Decision- Making, Corporate Governance & Valuation. §an experienced leader of large and complex teams in a global, virtual environment. §a significant track record exploiting virtual technology and developing innovative practices to deliver world-class transformative process, system and behavioural change in a complex and challenging global environment impacting 5000+ FTEs with multi-year, multi-million US$ budgets Jennifer Loughridge jennifer.loughridge@loughridgetransformations.com §Senior Business & Digital Transformation professional with 20+ years’ global experience in Operational Excellence and Process Improvement Leadership. §offers services on a project basis. §most recent assignment was with Shell, based in Chennai, India, as a Continuous Improvement Deployment Lead. §Specialises in Lean Six Sigma, Project Management, Data Science, Commercial Acumen, People Leadership and large-scale Organisational Change. §delivered US$500 mln+ value across manufacturing and service functions and has transformed 30+ functions and processes over the last 10-12 years of his career. §passionate about building upon his existing skills and leveraging them to create value for his stakeholders. Tushar Belapurkar hptushar40@outlook.com Mar-22 © Loughridge Transformations Ltd 3
  • 3. AREYOU ABLETO UNLOCKTHEVALUE FORYOUR ORGANISATION? “2022 will be a make-or-break year for CFOs when it comes to unlocking the value of AI, hyper- automation, digital skills, continuous processes and data management. CFOs who continue to drive toward the future of autonomous finance will unlock immense value for their organisation in the years to come.” Source: Garter for Finance: Top Priorities for Finance Leaders in 2022 ©2022 Gartner Mar-22 © Loughridge Transformations Ltd 4 PROTECT Maintain oversight of assets, value and risk and ensure compliance OPERATE Deliver efficient, effective, well-controlled processes Partner the business with value-based, commercial thinking IMPROVE Drive value-based improvement across the business DIGITISE Drive use of data, analytics and build of digital capability INNOVATE Ensure rigorous, value-based decision-making for innovation programmes Robotic Process Automation Mimics Human Actions Software used to capture and interpret existing applications for the purpose of automating transaction processing, data manipulation and communication across multiple IT systems Intelligent Automation Mimics Human Judgement Automate non-routine tasks involving intuition, judgement, creativity, persuasion or problem solving Artificial Intelligence Augments Human Intelligence The theory and development of computer systems able to perform tasks that normally require human intelligence © Deloitte
  • 5. DATA SCIENCE DEPLOYMENT – OUR STEPPING STONES TO DELIVERY 1 Create Vision & Identify Opportunities • UNDERSTANDING BUSINESS MODEL • IDENTIFY KEY CHALLENGES AND OBJECTIVES • IDENTIFY OPPORTUNITIES AND SET PRIORITIES 2 Assess Existing Capabilities • UNDERSTAND EXISTING DATA INFRASTRUCTURE AND EVAUATE DATA AVAILABILITY, QUALITY ETC • UNDERSTAND CURRENT ANALYTICS, INFRASTRUCTURE AND RESOURCE SKILLS 3 Design & Recommend • DATA AND INFORMATION STANDARDISATION ACROSS SYSTEMS • DEFINE ENGAGEMENT MODELS - IN-HOUSE, OUT- SOURCED OR COMBINATION 4 Detailed Action Plan • DETAILED ROADMAP • DETAILED PHASED ACTION PLAN FOR INFRASTRUCTURE, TOOLS, RESOURCES ETC 5 Governance • GOVERNANCE MECHANISM - TEAM ALIGNMENT AND STRUCTURE • SENSITISING KEY STAKEHOLDERS • INTERNAL TRAINING Mar-22 © Loughridge Transformations Ltd RESISTANCE TO READINESS: © IMA Worldwide 6 CHANGE MANAGEMENTTOTARGET MINDSET & BEHAVIOURS
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  • 7. Mar-22 © Loughridge Transformations Ltd 8 Q&A Feedback Click Here to open Q&A
  • 8. THANKYOU FOR JOINING… We hope you enjoyed the webinar. Feel free to connect with our speakers: Register for our next webinar at www.loughridgetransformations.com/learn/webinars Arrange a call with any of our consultants at: www.loughridgetransformations.com/schedule-meeting/ For more content, take a look at LoughridgeTransformations’ blog: Jennifer §www.linkedin.com/in/jennifer-loughridge §Jennifer.Loughridge@loughridgetransformations.com Tushar §www.linkedin.com/in/tushar-belapurkar/ §hptushar40@outlook.com Nine Steps to Finance Transformation Digital Finance Organisation - AreYou Ready? DigitalTransformation for Finance: HowTo Get It Right Mar-22 © Loughridge Transformations Ltd 9