One element for FP&A teams to provide value is strategic partnership. Therefore, with any change in direction or focus, it is important to understand how to start. Below, I will cover a simplified and quick start guide for starting the strategic partnership process.
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Nowadays a lot of concerns in business environment are focused around data. There are several drivers for that, such as regulations (e.g. GDPR), the growing amount of data, new technologies in data processing and analysis etc.
In this article we will look at the different methods an organization can use to set direction. Planning involves many kinds of methods that help managers make decisions.
FP&A professionals know their trade very well when it comes to the technical skills used to plan, forecast, and execute the strategy of a company. However, to truly influence the strategic directions they need to be able to influence their stakeholders.
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