In this article, I want to make the case for data-driven planning to describe the 7 key FP&A models that every organisation needs to plan, resource and monitor business performance. From a planning and review perspective, there are 7 key things that management needs to know about its business processes, each of which can be assessed in a range of analytical models.

Who is 2020 CFO?  The CFO’s are now moving from accounting to accountability and not just for financial performance, but also for customer centricity, cutting-edge technology, workforce excellence and fostering a high-performance culture. They are the number wizard, the generalist, the performance leader, and the growth champion.

The Hong Kong FP&A Board was launched on the 30th of August 2018.

Senior FP&A leaders from HSBC, Adidas, Schneider Electric, Sony Pictures Entertainment, Estee Lauder Companies, PepsiCo and other companies attended the events to guide the development and promotion of better practices in global FP&A, identify, and support new trends, skillsets and innovations.

The speakers from Cartier, ITE Group, and others presented their insights and case studies.
 

For organisations looking to get the most out of their Driver based planning and Rolling Forecasting initiatives, it is critical to realise that these terms apply in both Strategic and Tactical planning. Yet the people, processes and technology applied to these two domains are quite unique.

The first Hong Kong FP&A Board will take place on 30 August 2018  to debate on the popular subject of the global trends in modern Financial Planning and Analytics (FP&A).

Dashboards have become a powerful tool for FP&A to share insight and gain respect.  In this article, the author shares his top 3 recommendations for improving the quality of your dashboards. 

Communication is a key soft skill that FP&A professionals should master. Getting it right the first time enables FP&A professionals to be more effective and efficient. What are the top 10 considerations for effective FP&A communication?

The FP&A professional’s part in leadership is vital and important to the decision-making process and direction of your business.  Make it your mission to provide the most relevant data to your “customers.”  Explain in non-finance terms, the results, implications, and impact of decisions.  This is your area to own, so be cool, calm and collected, and communicate with confidence!

Will You Be a Relevant FP&A Professional 5-10 Years from Now?

Yes, you will stay relevant by keeping your employer relevant. Now work backwards which comes instinctively natural for you — how will you do that?

The International FP&A Board held its fourth event in Frankfurt in May. For the second time, we met in an amazing Regus property "Skyper Villa" to discuss the art and science of Driver-Based Planning (DBP).