Drivers are the catalysts to initiatives. But which ones are the most important? And how to deal with challenges that come with driver based planning?
Drivers are the catalysts to initiatives. But which ones are the most important? And how to deal with challenges that come with driver based planning?
By Karl Kern, Accountant / Lecturer / Writer
In order for a company to exist, it must organize itself in a way that fulfills its value proposition because a value proposition has enormous power. So, how can a company organize itself? The answer is with a budget.
By Larysa Melnychuk, CEO and Founder at FP&A Trends Group and International FP&A Board
How can you successfully implement a Zero-Based FP&A design? There are 10 practical steps to be taken into consideration.
By Alan Dybvig, Managing Partner at Dybvig Consulting
Alan Dybvig
Alan Dybvig is the managing partner of Dybvig Consulting. His intellectual property was implemented to create the operational budget (OB). His business experience includes 32+ years with IBM as a director and senior manager, primarily in supply chain and sales/marketing assignments, and then four years with a Warburg Pincus-financed supply chain startup where the idea for the OB germinated. He has had five articles published in the Journal of Corporate Accounting and Finance, two articles in the Institute of Management Accountants’ Strategic Finance and one each in the Institute for Business Forecasting's blog and INFORMS’ magazine, "OR/MS Today".
Alan Dybvig's LinkedIn profile: https://www.linkedin.com/in/alan-dybvig-0a374ois/
This article focuses on the operational budget’s enhancements for the rolling forecast process and shows 7 possible benefits.
By Justin Ueland, Plant Controller at Tennant
Zero-Based Budgeting (ZBB) has been around for a while but not all organisations use it. In this article, I present a high-level overview of ZBB implementation and give some considerations.
By Jack Xu, Founder of "Modtris Financial Modelling and Simulation"
A forecast that simply assigns future values based on prior experiences is not a model. In this article, I elaborate on the meaning of specifying the cause of change by showing why 3-statement forecasting is not enough for FP&A.
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