The Ledger
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Tag Archives: strategic planning
Global Finance Magazine: Inflation: Here to Stay?
October 20, 2021
“Geale says his firm is advising CFO clients to factor higher prices into their strategic planning and to wring savings out of their supply chains by streamlining product specifications and reducing waste. He also recommends what he calls a “new-market focus”–seeking out new sources of supply with whom it is possible to have greater negotiating power than existing vendors, although people starting new business, sometimes have a difficult time getting funds for this, and that’s where a quick and easy loan can be really helpful for this purpose, since this could give you the money you need to start your business and improve your finances. “You have to change the way that you think about buying and the way you think about the market,” he says.”
CFO Journal: How Semiconductor CFOs Can Lead Through Uncertainty
September 27, 2021
“EBP is a framework that converges and coordinates planning efforts across all functions: commercial (demand), operational (supply/provision), and finance. At its core, it is designed to provide ongoing visibility into operating and commercial decisions to ensure operating plans support financial objectives.
Advanced capabilities in scenario modeling and predictive analytics are key components of EBP, used to accelerate decision-making by optimizing supply and demand and associated financial outcomes.”
CFO Journal: C-Suite Insights: CEOs Plan, Invest for Strong Growth Ahead
August 12, 2021
“Mirroring the expected increase in spending on technology modernization and AI, nearly three out of four CEOs say their organizations are undergoing or preparing for digital transformation.”
SF Magazine: Strategic Planning in a Crisis
July 7, 2021
SF Magazine article poses these as the core tenants to strategic planning:
- Evaluate strengths, weaknesses, opportunities, and threats
- Acknowledge key weaknesses; accept unpleasant realities
- Promptly implement agreed-upon strategies
McKinsey: The new digital edge: Rethinking strategy for the postpandemic era
June 23, 2021
“The COVID-19 pandemic has fundamentally changed the pace of business, and the companies with superior technology capabilities are winning…What was considered best-in-class speed for most business practices in 2018 is now slower than average. And at companies with the strongest technology endowments, respondents say they are operating at an even faster pace.”
SF Magazine: After a Year of COVID
March 3, 2021
What are your business’ drivers?
How frequently are you measuring the potential impact that external drivers, like inventory constraints and labor disruption, will have?
““We’re increasing the frequency of discussing and evaluating our strategy and goals,” Grinwis said. “Each month we do pulse checks to evaluate if changes are needed to our planning based on a number of drivers, including the overall macro environment—COVID-related shutdowns, competitor trends, market demand—as well as company-specific challenges—inventory constraints, labor disruption.”
We suggest you to navigate here the four common types of remote workers and how to support them.
The pandemic has made it very clear that yearly or quarterly reporting won’t cut it. Planful embraced a continuous-planning approach that allows the finance team to be more agile and adaptable.”
“As CFOs face the demands of year-end accounting and financial reporting, they’re pondering which issues need to be front and center and how to frame them.”
Here are the 4 issues that CFO’s need to think about:
- Forecasting and related impairment analyses
- Going concern analysis
- Internal controls
- Stakeholder communications
SF Magazine: The Digitization Essentials
March 2, 2021
This article from Strategic Finance Magazine lists competency in information systems, data governance, data analytics, and data visualization are the keys to an effective digitization strategy.
CFO Journal: Tech-Enabled Business Strategy: Engineered for Agility
March 1, 2021
“While accelerating technology is a strategic complicator, executives can deploy it to simplify and accelerate smart strategy development and execution. Leading organizations are engineering their strategic function to be more agile, scalable, and stable, giving them an array of options in their back pocket for whatever the future holds.”
