The Ledger
Curated content foranalytical business leaders
FP&A Trends: Practical Cash Flow Modelling – A Technological Perspective
May 3, 2022
“A spreadsheet is not a database, it is a personal productivity tool. Data, structure and business rules are all mixed together in an insecure environment that is prone to corruption. In my view, even the most sophisticated cash flow spreadsheet is no more than a prototype.”
Harvard Business Review: How Companies Can Prepare for a Long Run of High Inflation
May 2, 2022
“First and foremost, understand your entire value chain and its exposure to supply chain shocks. In other words, go beyond learning about just your immediate supplier — figure out the supplier behind your supplier, and so on. Even a minor subcomponent crisscrosses the world at various manufacturing stages. Assess the risk of disruption at each stage, develop alternative sources of supply, and keep sufficient inventory. Those days of keeping lean, just-in-time inventories are gone.”
Harvard Business Review: 3 Stumbling Blocks that Get in the Way of Strategic Planning
April 28, 2022
“But there’s a paradox, as Adrian outlined. Budgeting takes place within the context set by the strategic plan. The point at which the budget is set is the same point at which executive and shareholder expectations are put in place. Now circumstances change. And in a flexible planning environment so too does the strategic plan. What happens to the budget?”
