Key problems with Annual Budgeting: insights from Oliver Wight's Stuart Harman
Many businesses are either still in their annual budgeting process, or have just finished and are taking a breath. It is often a long, arduous...
Tag
Business Planning
Practical articles, guides, and product updates on this topic from the Professional Advantage team. 27 articles.
A Game For All the Family
Integrated Business Planning (IBP) is increasingly becoming the management process of choice for organisations around the world, improving planning and decision making effectiveness. The key...
My key highlights from the 2nd Annual Integrated Business Planning Summit
Great to attend the recent Akolade 2nd Annual Integrated Business Planning Summit in Sydney. A fantastic mix of content and presentations and many takeaways. I...
24 is the new black
Rolling planning should be the mandatory state for every business. This blog isn’t to advocate the benefits of rolling planning over a single annual plan...
The age of decision-making platforms has arrived!
Decision-making processes are key to your success. They direct resources, mitigate risk and exploit opportunity. Given the nature of business, decisions are both transient and...
How to cook a groundhog
In my first blog post, I discussed the failure of many businesses to address the opportunity for improvement, and the impact of poor budgeting on a business....
Avoid Groundhog Day with your budgeting in 2017
Considering the number of businesses that contacted me in the dying breath of 2016, it seems many businesses simply don’t gear up in time for...
Integrating financial projections and non-financial planning: Part 1
Integrating financial plans with the operational and strategic plans remains a challenge for many organisations. Finance departments and operational planning are still failing to work...
Integrating financial projections and non-financial planning: Part 2
In my previous blog post, I discussed why an organisation should integrate financial projections into Integrated Business Planning (IBP). In this blog post, we explore how...
Uncover the gap between Finance and Operations
As an IT professional, I’ve spent almost two decades providing businesses with technology solutions, such as business intelligence, forecasting, demand planning, strategy management, and financial budgeting. While...
Closing the gap between Finance and Operations
In my previous blog post, I discussed the disconnect between Finance and Operations, and the need to operate cross functionally. Key to achieving this, is...
Why a reporting and planning platform enables better performance
In business, success relies on good intelligence then good decisions. Without the right data, organisations struggle to respond to change ahead of the market. They...