Learning Objectives
This Webcast will provide insights into:
- Integrating Performance Management and Business Intelligence into the Operational Planning process
- Transforming the budget activity into a value added management tool
- Focusing on key assumptions and Critical Business Drivers
- Improving Agility and Responsiveness
Program content
Before you tie a ribbon around the plan, you need to consider ten questions to assess and improve the effectiveness of your plan and planning process. An effective operating plan will help to ensure that your organization achieves your objectives for the coming year and beyond. Since the finance organization is typically the process owner, many annual planning exercises place too much emphasis on the financial and budgetary aspects, and too little on the strategic, operational, process and project aspects. These ten questions will be explored to assess the overall effectiveness of your annual planning process and to highlight best practices, including rolling business outlooks, scenario planning, employee engagement, and a focus on key assumptions and critical business drivers.
Participant level of understanding
This program is intended for participants with a basic or intermediate level of understanding on the topic. Specifically, it targets Financial and Operating Executives and Managers wishing to improve the effectiveness of the annual operating plan and budget process.
About Jack Alexander
Mr. Alexander is a former CFO and the author of Performance Dashboards and Analysis for Value Creation. He is a lecturer at Babson College and the founder of Value Advisory Group LLC, a consulting and benchmarking firm with a focus on performance management and value creation.
