Is planning a routine annual exercise or a flexible and dynamic FP&A process that drives value and supports decision-making under uncertainty? How to achieve the latter?
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So, the article described the methodology of creating a driver-based model on the example of an aviation company. It focused on the key steps and explained the different areas that need to be considered in order to successfully implement an automated, integrated driver-based model.
2020 and 2021 have been challenging years for everyone. Two years after the arrival of Covid -19, business and lives are still very much disrupted.
So, what did we learn from the pandemic that we can now put in place so as to help with future black swans?
Driver-based planning is a key topic for any FP&A team today. But what is not always clear is just how driver-based planning is connected to requirements from stakeholders.
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