Are your KPIs, Scoreboards and other metrics safe from the Simpson's paradox?
FP&A Insights
FP&A Insights is a collection of useful case studies from leading international companies and thought leadership insights from FP&A experts. We aim to help you keep track of the best practices in modern FP&A, recognise changes in the ever-evolving world of financial planning and analysis and be well equipped to deal with them.
Stay tuned for more blogs and articles from great authors.
Why, according to 70% of UK CFOs, is FP&A the hardest Finance & Accounting role for them to fill?
This is just one of the many questions the well-known FP&A thought leader Larysa Melnychuk answers as well as covering a number of relevant other areas on the podcast with Andrew Codd.
More than 15 years ago, the Harvard Business Review had already declared corporate planning and budgeting as all but dead. “Corporate budgeting is a joke, and everyone knows it,” the business magazine wrote in 2001. The polarizing article generated an enormous reaction. However, little has changed since then.
We’ve all come across checkpoints in our personal lives where we commonly think about or use phrases such as “let’s take a few steps back”, “I need to reset things” and “let’s start all over again”.