Financial Planning and Analysis Leaders are Failing to Deliver Higher Strategic Value
Prophix Software findings from the survey, Defining the Evolution of FP&A: Benchmarks, Challenges & Opportunities highlighted room for improvement. The survey included feedback from over 300 FP&A leaders from all companies of all sizes across the globe.
The survey was conducted to establish the maturity of analytics solutions across the globe, the effectiveness and efficiency of FP&A leaders’ planning processes, how companies are leveraging technology to improve FP&A processes, and to gauge internal perceptions relative to the value of FP&A.
Innovation Can’t Thrive Without These Fundamentals in Place
Sound business systems precede innovation.
Before innovation can be a catalyst to business growth a culture of strong business practices must exist.
Innovation, the process by which an idea or invention is translated into a good or service, is a critical component of growth in many businesses. Innovation relies on creativity, exploration and freedom. Frequently these characteristics are regarded as the opposite of discipline, control and structured process. However, without strong business practices that recognize and nurture advancement in good business systems, innovative practices are unlikely to make it to commercialization.
How to Master Second-Curve Thinking and Career Success
Will fast-changing economic cycles impact your future working career? You bet!
Predictions tell us that the nature of work will be forever changing, and more people will have portfolio careers in their working lives. But, learning new skills to deal with rapid change cycles, transforming your mindset and embracing life-long learning journey will get you there. This article explores these critical aspects.
CFOs – What Language Do You Teach In?
A while back I had an interesting discussion with a finance leader on a key skill that helps financial professionals grow into business leaders.