The Ledger
Curated content foranalytical business leaders
CFO Dive: Splurge on Automation Before Recession Hits, Says Former ‘Serial CFO’
October 11, 2022
“Automation in areas such as FP&A can go further than simply reducing the need to hire new staff or cost-cutting measures, Ross said — it can also help to strengthen business outcomes, allowing finance teams to collect data more swiftly and to better consolidate their future strategies.”
CFO Magazine: Budgeting vs. Forecasting: You Likely Need Both
October 11, 2022
“While a rigorous budget process shines a light on new initiatives and long-term goals, while also providing the guardrails for the coming year, sometimes facts on the ground change and you need to understand that and respond accordingly. If the changes are material, that response should include an accurate and sufficiently detailed forecast. Running a business is challenging. Attempting it with limited visibility will mute its successes and may even hasten its demise.”
Harvard Business Review: In a Volatile World, Your Strategy Must Be Flexible
October 6, 2022
“Executives routinely contend that their businesses are more unpredictable than ever before. As it turns out, they’re right. If you carefully examine the factors that drive unpredictability in complex systems, you discover that in most sectors of the economy they have intensified. The result is that the number of potential future states that executives need to account for in making strategic choices has skyrocketed.”
