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FP&A Trends Digest: Issue #95

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FP&A Trends Digest
Issue #95 - 26 August 2023
 

Dear colleagues,

In a world where change is the new norm, the realm of FP&A has witnessed a significant shift in leadership dynamics. Today, leaders are the architects of transformation, who embrace their responsibility not just as managers but as change agents.

In this edition of our digest, we selected content about the role of leadership in FP&A Change Management. It's more than strategy and tactics; it's about fostering a culture where change is not met with resistance but embraced as an opportunity.

Through real-world examples and thought-provoking narratives, we uncover how effective leadership redefines organisational trajectories.

I hope this issue will illustrate that leadership isn't confined to boardrooms; it's a philosophy that permeates every level of business.

Best regards,

Larysa Melnychuk, CEO and Founder
FP&A Trends Group & International FP&A Board

Popular Content
 
Leadership Approaches for Success in Finance:
Insights from 700+ finance leaders in 2023

The finance function is evolving to meet modern-day challenges and opportunities. This on-demand webinar offers key takeaways that can help you elevate your finance function and lead the organisation to success.

Alok Ajmera, CEO of Prophix, and Tom Hood, EVP Business Growth at AIPCA-CIMA and The Business Learning Institute discussed:

  • Leadership approaches and the role each plays in the future of finance
  • How you can prepare for and tackle the external pressures that finance teams face
  • Actionable takeaways you can leverage to position yourself, and your team, for success

Watch the recording to learn how to guide your company to new heights of financial performance.

 
Leadership through Change Management

By Kristina Bow

In the whirlwind of today's fast-paced business world, change is the only constant. But amidst the buzz of strategies and plans, we often overlook the human side of Change Management. Hybrid work models and remote setups reshape workplaces, setting greater emphasis on the need for increased engagement and communication across teams.

In this article, the Senior Director of FP&A at Landmark Health, shares her firsthand experience of effective leadership for successful Change Management. Discover what are three fundamental leadership principles that can redefine your approach to change.

 
FP&A Leadership: Would You Rather Be Liked or Respected?

By Andrew Jepson

Would you rather be liked or respected? The author tackles the age-old question and delves into the complexities of this dilemma, offering a fresh perspective that the answer might not be an either-or scenario.

With insights from real-world experiences and thought-provoking questions, he reveals a thought-provoking view that bridges the gap between personal preferences and professional success. By introducing the concept of "Organisational Polarities," he encourages FP&A professionals to embrace the fluid balance between opposing forces.

Read this article to learn more about not only the intricacies of Finance but also a broader life lesson in adaptability and judgment.

 
Role of FP&A Leadership in Quick Decision-Making

By Hyder Hasan

"Some degree of risk is always involved in the decision-making process and FP&A personnel comes in this process to mitigate and evaluate that degree of risk."

In this article, the Global Finance Director at PureCircle sheds light on the intricate art of decision-making within the corporate world and exposes the paradox of delayed decisions, often arising from uninformed teams or a lack of risk-taking ability. He brings into focus the challenge for FP&A professionals: accelerating the decision-making process without compromising outcomes.

 
The Importance of Change Management

By Karina Williams

Continuous success in FP&A demands a constant re-adjustment of actions and approaches. At the heart of achieving this lies Change Management – an essential driver.

So, what strategies can we adopt to strengthen our business?

Karina Williams, Business Unit CFO at Veolia Water, shares practical insights into leading Change Management initiatives in her organisation. Watch this video to learn more about the importance of FP&A Change Management, how to handle changes smoothly, and why having clear and meaningful data is crucial in this process.

 
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11 October 2023

Navigating Intelligent Transformation with FP&A Trends Maturity Model

The persistent trend of FP&A professionals spending only a third of their time on value-adding activities clearly indicates that things need to change.

That's where the FP&A Trends Maturity Model comes in. Developed and refined over the past 8 years by members of the International FP&A Board, this powerful tool allows companies of all sizes and industries to assess their FP&A maturity, identify gaps, and embrace Intelligent Transformation.

Register for this webinar, where senior finance practitioners from Arthur J.Gallagher & Co., EBSCO Industries and Board International will share their valuable insights on navigating the realm of Intelligent Transformation with the FP&A Trends Maturity Model.

28 September 2023

Using AI to Enhance Your Predictive Planning and Forecasting

To meet the challenges of an unpredictable future and enhance planning capabilities, organisations are turning to a game-changing approach of Predictive Planning and Forecasting, boostering it with AI/ML technologies. This practice empowers businesses to make data-driven decisions, enabling them to stay ahead of the competition.

Register for this webinar to hear practical insights and real-world experiences on how AI/ML revolutionise the Predictive Planning and Forecasting processes.

10 October 2023

A New Age of Zero-Based Budgeting for FP&A

In today's rapidly evolving business landscape, the traditional budgeting process is becoming increasingly obsolete. However, what if your organisation is not yet prepared to fully abandon it? Zero-Based Budgeting (ZBB) offers a fresh perspective on routine budgeting procedures and proves to be a valuable exercise for your entire FP&A team. It provides insights into key business drivers, fosters a culture of collaboration and value creation, and supports agile FP&A practices.

Register for this webinar to stay informed about the latest trends and advancements in successful ZBB implementation.

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Event Calendar

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Transforming FP&A Together: Human & AI Synergy
 
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Moving from FP&A to Extended Planning and Analysis (xP&A)
 
Five Critical Roles for Building a World-Class FP&A Team
 
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FP&A Business Partnering and AI: A New Era
 
All events for the year

Future Meetings

The Face-to-Face Milan FP&A Board
The Face-to-Face Milan FP&A Board Moving from FP&A to Extended Planning and Analysis (xP&A)

May 20, 2025

The Face-to-Face Frankfurt FP&A Board
The Face-to-Face Frankfurt FP&A Board Five Critical Roles for Building a World-Class FP&A Team

May 22, 2025

BPAI
The FP&A Trends Webinar FP&A Business Partnering and AI: A New Era

May 28, 2025

The Face-to-Face London FP&A Board: Data Management & Analytics: Unlocking FP&A Value
The Face-to-Face London FP&A Board Mastering Data in FP&A: Smarter Analytics, Better Decisions

June 5, 2025

FP&A Trends Webinar The Evolving Role of FP&A: From Number Cruncher to Strategic Advisor
The FP&A Trends Webinar Making FP&A Teams Fit for the Future

June 11, 2025

The Face-to-Face New York FP&A Board
The Face-to-Face New York FP&A Board From Insight to Impact: FP&A Business Partnering in Action

June 17, 2025

FP&A Trends Webinar Practical Steps for FP&A Analytical Transformation.
The FP&A Trends Webinar Unlocking FP&A Analytical Transformation

June 18, 2025

The FP&A Trends Webinar How AI is shaping the future of Financial Planning & Analysis (FP&A)
The FP&A Trends Webinar Transforming FP&A with AI: Maturity, Impact, and Future Roles

June 25, 2025

The Face-to-Face Sydney FP&A Board
The Face-to-Face Sydney FP&A Board Modern Financial Planning and Analysis (FP&A): Latest Trends and Developments

June 26, 2025

The Face-to-Face Singapore FP&A Board: Modern Financial Planning and Analysis (FP&A): Latest Trends and Developments
The Face-to-Face Singapore FP&A Board Modern Financial Planning and Analysis (FP&A): Latest Trends and Developments

July 8, 2025

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