The traditional budgeting culture is one of the top FP&A challenges right now. We covered this subject at FP&A Board meetings around the globe and two weeks ago were in Frankfurt to continue the global discussion.

Among the difficult subjects for FP&A and management, there is the very “sensitive” relation between budget or forecast and managers compensation scheme. 

The second FP&A Board in New York gathered in a beautiful Michael Page office in upper Manhattan to continue our global Rolling Forecast (RF) Discussions.

The Stockholm FP&A Board launched on 11 May 2016 and was devoted to the Latest Trends in FP&A.

According to a 2017 IBM report, "Every day, we create 2.5 quintillion bytes of data. To put that into perspective, 90 percent of the data in the world today has been created in the last two years alone." Those are some pretty staggering figures and businesses see the volume of their internally generated data growing all the time.

Last month we discussed what the Brexometer is, how it works, and what it is made up of.  You will see below the latest reading for the month of November and the impact that Brexit is having on the otherwise robust British economy.

In the article, I would like to give you a short overview of the main opinions on this subject proposed by 43 leaders of Finance of global companies that have been discussed during the latest Amsterdam FP&A Board meeting.

The members of the second Stockholm FP&A Board interactively discussed the key features and importance of Finance Business Partnering.

The ninth meeting of the Geneva FP&A Board will take place on Monday, 25th February 2019 to debate on the popular subject of Zero-Based Budgeting. 

The eighth meeting of the Zurich FP&A Board will take place on Tuesday, 26th February 2019 to debate on the popular subject of Zero-Based Budgeting.