As more and more enterprises endeavor to move from a centralized, command and control structure to more agile and decentralized business units, the biggest constraint felt by many is the way financial control is exercised via traditional budgeting and budgetary control.
February 3, 2021
December 10, 2020
In this article, we will walk you through the practical examples and case studies from Hilti and Roche presented by our panellists, compelling discussions around the journey to more agile budgeting practices and the results of the four interactive polling questions.
December 10, 2020
It is commonly agreed that the traditional budgeting process is time-consuming and costly. It rarely focuses on strategy and adds little value. Although traditional budgets have evolved over the years, they can hardly meet the challenges of the modern economic and business environment.
October 21, 2020
This pandemic has uncovered several shortcomings in our way of planning, managing, and organizing societies and businesses. Now that the future looks predictably uncertain, there is a dire need to understand, react to, and learn from it and other unexpected events.
October 6, 2020
By Hans Gobin, Interim Finance Director, FP&A Leader and International FP&A Board Ambassador
On the 6th of October, I had the pleasure of hosting the Second Digital Pan-Asian FP&A Board. We had six insightful presentations that are summarized in this article.
July 30, 2020
This article focuses on how the Operational Budget’s advanced analytics supports seven of the Beyond Budgeting Institute’s twelve principles and management processes.