This article considers how Extended Planning & Analysis (xP&A) can help break organisational silos and allow to work collaboratively to produce fast and informed decisions across the business.
Ben Wann
Ben is a passionate operational manufacturing leader dedicated to driving strategy execution. He is doing that by demonstrating leadership and solving complex problems by improving, developing, and redesigning processes.
He is big on leveraging relationships and analytics to increase the organizational impact of the finance function. Even better, he drives business results by empowering others, unleashing analytics, and removing complexity.
He is the author of many exciting books.
Author's Articles
The key to developing a best-in-class FP&A organisation is reaching level 5 maturity is getting the basics right. In addition to having the right people on your team, you'll want to ensure they understand the basics properly and have prepared the environment for growth.
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.
Strategy execution means core competencies support a realistic strategy and that the plan can be achieved, on time, on budget, and with the intended results. In all honesty, there is no good strategy and failed execution. If an organisation is unaware of its core capabilities and limitations and moves forward anyway, the strategy is flawed.
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