FP&A Done Right: The Victors of the Decade Combine Agility and Resilience
As we near the end of the decade, it’s a good time to think back about what businesses have learned from an FP&A perspective, and how they can fortify and position themselves for the next decade and for future decades. The beginning…
December 20, 2019
FP&A Done Right: 3 Barriers to Business Agility
This is a guest blog post from our partner Adaptive Insights, written by Gary Cokins. Cokins examines what business agility really means for the Office of Finance. There’s a lot of talk these days about business agility. Yet it’s much more…
December 6, 2019
FP&A Done Right: Are you dying by the hands of analysis?
This is a guest blog post from our partner Adaptive Insights, written by Anders Lui-Lindberg. Lui-Lindberg’s blog post fits perfectly with our series’ theme of sharing insights on how the Office of Finance can change from traditional budgeting and “business as usual”…
November 22, 2019
The FP&A Alignment Gap and How to Avoid It
We buy new software solutions expecting that we made the best choice in technologies and service providers, and that we’ll get years of productive use out of them. And, we were right… at the time. Then, we ask ourselves, “Why are my users complaining…
October 31, 2019
Alternatives to Traditional Budgeting
Now that we have spent some time discussing several problems with traditional budgeting, let’s look at some alternate approaches. Here is a review of the first three problems from my prior blog: Time Consuming and Costly Quickly Irrelevant and Outdated Financial Process…
September 20, 2019
FP&A Done Right: Beware of Budgeting – Part II
How is your budget/budget prep coming along? Have you set aside time to rethink your process? In that last installment of FP&A Done Right, we started our enumeration of the problems with traditional budgeting. Before I discuss several more, here is a…
August 9, 2019
FP&A Done Right: Beware of Budgeting
“Not to beat around the bush, but the budgeting process at most companies has to be the most ineffective practice in management. It sucks the energy, time, fun, and big dreams out of an organization. It hides opportunity and stunts growth. It…
July 26, 2019
The Importance of Including FP&A Early and Often in Your Strategic Planning Process
The Strategic Planning process at many companies is in sore need of an overhaul. As many of you know, the "Strat Plan" can take on a life of its own. It was not too long ago that I was the guy who…
July 12, 2019
FP&A Done Right: 5 Signs It’s Time to Rethink Your Process
If you have been following this blog series, you know that I am a ‘people and process’ guy. I’ve discussed how we become so good at circumventing the process that those workarounds become the process. Keep in mind, however, that a workaround,…