There are innumerable excellent stories to be told in FP&A, many of which can facilitate the decision-making process. At this time of advanced analytics, flexible dashboarding and effective data visualization, FP&A storytelling has become both an art and a science.
Increasingly, FP&A’s most valued skill is turning data/facts into a story and putting these into context. However, there is generally too little focus on the actual art and science of storytelling, the primary tool in business partnering. This article on Storytelling will evolve around the three core elements of a good story – the narrative, visuals and data and cover how combining these allows FP&A to fulfil our goal in life of influencing change.
The KPIs you choose to measure the performance of your business, the KPIs you use in traffic lights, and the gauges in your dashboards drive the efforts of your teams and shape your business. In this article, we explain the strategic role of dashboard design and how to set the right KPIs and benchmarks for your business.
What is your data literacy level? Everybody agrees data visualization is powerful. This article will guide you through the most common and not so obvious data visualization mistakes.
FP&A Storytelling has already become both an art and science. Watch the recording of the Digital Benelux FP&A Board to learn more about the challenges & best practices of FP&A Storytelling and the power of FP&A visualisation.
The role of the finance leader is changing. Before long, your colleagues may see you more as a journalist or storyteller — able to unearth critical facts, share a compelling narrative, and deliver the headlines that your decision-makers need today. But how's this possible?