For the fourth time, senior finance practitioners joined Dubai FP&A Board. 

In October, 25 Board members shared their ideas on why driver-based planning matters for FP&A.

Agenda

• Evolution of Driver-Based Planning.
• Driver-Based approach as a basis for predictive analytics, effective Rolling Forecast and Scenario Planning.
• A Case Study from Careem
• Driver-Based Planning Maturity Model. Group work.
• Conclusions and recommendations.

Yamen Fakhreddine, former FP&A director for Careem and current Head of Finance, the Middle East at Valentino, delivered a presentation about the importance of Driver-Based Planning in the environment of high growth.

Below are some of the recommendations from the meeting:

• Data collection should be automated.
• More people should be involved in contributing fewer data more frequently.
• Drivers should be the language of performance.
• It is better to get sponsorship for change from the top.
• Drivers should be defined per business area.
• Step by step approach can bring you success (strategy, financial core, operational plans).
• It is important to use technology which allows for modelling.

Our Sponsors

The Dubai FP&A Board was sponsored by Jedox and Michael Page.