Inflation and recession are creating chaos for most businesses in the world right now. In this article, we will explore some of the macroeconomic theories driving the current inflationary environment. These theories will allow you to understand, model, and advise your company on its options for addressing chaos and uncertainty.

For anyone unfamiliar, a financial model is a tool used to reflect the economics of a business scenario that can be used to track, monitor, and predict a company's financial performance. Financial modelling is a critical skill for all finance professionals as it teaches them the business and the critical business cause-and-effect drivers.

Forecasting with ML and deep learning allows you to justify budget allocations based on company performance, understand reasons for growth or decline, and plan for future growth. But how do we make sure we achieve these outcomes?

In an uncertain world, plans with a single focus are no longer sufficient. Management needs to constantly scan the business environment, assess what lies beyond the ‘span of predictability’, and be prepared for a multitude of realities.

What are the best practices in building Driver-Based Financial models? How do we identify internal and external drivers, and use technology for integration and collaboration?

In this video, we learn how A.P. Moller – Maersk Group made the transition from traditional budgeting to Rolling Forecasting.