Ever wondered why you’re left out of the important discussions❓…this could be the reason 👇🏻 Commercial decisions are rarely, if ever, made based on a budget. Commercial decisions are based on: ✅ what’s happening in the market NOW, not what we budgeted for ✅ what our...
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...
Is your budget process stuck in 1993 ❓ Every FD and CFO want their finance teams to: ✅ build relationships ✅ turn data [WHAT] into INSIGHTS [SO WHAT] ✅ bring numbers to life But then they continue to lead a budget process that: ❌ takes 6-9 months to complete ❌...
80-90% plus of what FBPs do is not finance business partnering. Why? Because it’s reporting, forecasting or budgeting. Which are FP&A activities. Soon to be largely taken over by robots. The future of FP&A is not business partnering. The future of FP&A is...
As finance people we probably already know that focussing on the future is more important than reporting on the past. After all we can’t change the past. The problem is that finance focussing on the future often means forecasting it. And trying to get better at...
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