The Ledger
Curated content foranalytical business leaders
McKinsey: Tackling Inflation and Margin Pressure in the Sporting Goods Industry
July 12, 2022
“The ability to accurately calculate margins on a product-by-product is key to successfully navigating inflationary pressures and raw material shortages. Without it companies are effectively flying blind and making product portfolio decisions with little insight into how those decisions impact overall profitability. How accurately is your organization calculating individual product level margins?”
FP&A Trends: How an Integrated FP&A Can Drive Value Creation
July 1, 2022
“Three pillars of modern Integrated FP&A:
- Connected: Optimise planning capabilities by integrating planning techniques
- Complete: Build a cashflow mindset, stop focusing on local efficiencies
- Continuous: Focus on growth and value creation while moving at the speed”
FP&A Trends: Top Seven Lessons Learned from the Pandemic
July 1, 2022
“Being able to plan on request, being able to look at the different scenarios in real-time as and when they happened, what would be the outcome of those different scenarios, how do we then resource these different scenarios, what new KPI’s or Drivers have the pandemic thrown in the mix, how do we include that in our planning and decision making. Some organisations even changed their model completely. To do all of this, you need technology that is Agile.”
SF Magazine: An Internal Controls Mindset for Excel
July 1, 2022
“The same year, CNBC wrote that spreadsheet blunders are costing businesses billions. Consulting firm F1F9 estimated that 88% of all spreadsheets have errors and 50% of spreadsheets used by large corporations have material defects. An executive at the advisory firm The Hackett Group Inc. mentioned that the pandemic exposed the vulnerability of the finance teams’ decisions resulting from a continued dependence on Excel.”
