Is It Time To Appoint A Chief Planning Officer (CPO) To The Board? Over the last 18 months we have all spent a great deal more time discussing planning budgeting and forecasting – especially scenario planning – than almost any other topic. It seems that everyone is desperate to get a handle on the future, … Continued
ZERO BASED BUDGETING IS A MARKER OF AGILITY IS ZERO-BASED-BUDGETING (ZBB) THE WAY TO GREATER FINANCIAL PLANNING AND ANALYSIS ACCURACY? If you want to improve accuracy, then FSN’s latest research, “Agility in Planning, Budgeting and Forecasting” highlights that ZBB is the way to go. The question is why? The idea that a budget is recalibrated … Continued
THE CHARACTERISTICS OF THOSE USING ROLLING FORECASTS JUST 19% OF ORGANISATIONS LEVERAGE THE POWER OF ROLLING FORECASTS. WHY? FSN’s research highlighted the crucial advantages of rolling forecasts over re-forecasting 4 times a year, yet only 19% of organisations leverage the agility they provide. The fourth graphic in the series of research infographics suggests why many … Continued
WHICH IS BETTER? – ROLLING FORECASTS OR FORECASTING 4 TIMES A YEAR? FSN’s latest research infographic provides compelling evidence that rolling forecasts are better than simply re-forecasting four times a year. In fact, when we compared the performance of organisations that use rolling forecasts, with those that reforecast quarterly, we find that rolling forecasters outperform … Continued
Despite the huge interest in innovation and the thousands of column inches written in the media every day, innovation is one of those terms that defies precise definition. So rather than attempt to define it, FSN’s 2018 Innovation in the Finance Function research invited the global finance community to offer examples of what it thought … Continued