Is this part of the problem ❓
Most finance leaders say the right things.
Far fewer leaders actually do what they say.
Example:
CFO: we’re restructuring finance and you are all FBPs now, so go our there and get involved in commercial decision making
FBPs: great, we can’t wait
CFO: just make sure you do all the reporting, forecasting and budgeting first
FBPs: WTF!?!??
FBP is not…
❌ reporting
❌ budgeting
❌ forecasting
Those are FP&A activities, soon to be automated and ~80% of the human effort eliminated.
FBP is…
✅ building relationships
✅ turning data into insights
✅ bringing numbers to life
Most finance people are desperate to do those things.
They just don’t have much time.
Which is why they are so relieved when the budget is finally over.
Shame it starts again in a few months…