This is our last issue in 2020. It has been quite a year for all of us, with many ups and downs. We have learnt a lot and have grown together.

COVID-19 and potentially other black swan have taught us the importance of recruiting & having great synergistic team, ensuring their welfare, making sure we assess the skill sets required for the changing world and leveraging technology to ensure best performance.

This is the summary article in a series of eight articles about the Operational Budget (OB) and its associated Operational Income Statement (OIS). These articles have described the significant enhancements the OB and OIS provide to the traditional budget and related financial processes and techniques.

Explaining and forecasting activity evolutions require to isolate correctly different factors (variables) that have an impact such as quantity, price, customer win/loss, competition. In the international environment, currencies and currency variances are one of the important variables.

It is commonly agreed that the traditional budgeting process is time-consuming and costly. It rarely focuses on strategy and adds little value. Although traditional budgets have evolved over the years, they can hardly meet the challenges of the modern economic and business environment. Join our global discussion on whether Beyond Budgeting is the best alternative. At the meeting, we will discuss whether it is realistic to abandon the budget and transform the whole process.

Is FP&A a generalist or a specialist? I believe it can be a mixture of both.

The FP&A Trends Webinar will be held on February 9 from 3 pm GMT to 4 pm GMT to discuss A New Age of Zero-Based Budgeting.

In this article, we will walk you through the practical examples and case studies from Hilti and Roche presented by our panellists, compelling discussions around the journey to more agile budgeting practices and the results of the four interactive polling questions.

This article explores how financial services businesses can guide investments in Financial Planning and Analysis (FP&A) design. It also provides recommendations on how to do so wisely and thoughtfully, and not rush through projects, which may necessitate re-investment later and consume valuable resources at a critical time.

The Global FP&A Trends Webinar was held on October 13 to discuss the Art and Science of FP&A Storytelling.