Remove Communication Remove Leverage Remove Strategic Planning Remove Technology
article thumbnail

Milestones in strategic planning for business

Spreadym

Strategic planning for business is the process of defining an organization's long-term objectives and determining the most effective ways to achieve them. Key components of strategic planning for business Vision and Mission: Clarifying the organization's purpose, values, and long-term aspirations.

article thumbnail

What Controllers Can Do to Help Leverage FP&A Solutions

The Finance Weekly

CPM involves a greater emphasis on improving communication and business strategies within a company. The responsibilities of controllers today extend to more than just accounting and forecasting; FCs are now expected to engage in business administration and financial planning. CPM is a way to ensure business strategies get executed.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

The risks CFOs must face in 2024

Future CFO

By leveraging advanced analytics and cloud technology, CFOs can drive strategic insights, improve forecasting accuracy, and optimise cash management. CFOs must also be well-versed in leveraging emerging technologies to boost their business performance.

CFO 52
article thumbnail

Nonprofit Leadership: Using Data for Better Decision-Making

The Charity CFO

How does your nonprofit make strategic decisions? Leveraging data for strategic decision-making has many benefits–from improving your efficiency to increasing the success rate of campaigns or strategies. Leveraging Data in Nonprofit Leadership How can you use data effectively as a nonprofit leader?

article thumbnail

Making the case for connecting the spreadsheet dots

Future CFO

Collaboration and Communication CFOs should invest in collaboration platforms that allow multiple stakeholders to work on spreadsheets simultaneously while maintaining data security and version control. This helps mitigate errors and ensures that teams can leverage spreadsheets effectively.

article thumbnail

Beyond the Basics: 7 Key Focus Areas for New CFOs

CFO Talks

We emphasized the importance of communication, setting priorities, and the initial avoidance of hasty decisions. This transformation is driven by several factors, including rapid technological advancements, globalization, and an increasingly complex regulatory landscape.

article thumbnail

FP&A best practices for 2024

Centage

Finance teams often get asked to do more with less, which makes it important that you adopt the right FP&A tools to amplify your capabilities and create more time for strategic planning. Stronger interdepartmental communication and collaboration is a good benchmark to set as a best practice for this year.