Change may be the only constant in business. But why do so many companies lock themselves into a rigid system of annual plans, budgets, and targets that make rapid response to changing markets—and increasing competition—difficult, if not impossible? Discover how you can replace tedious annual planning cycles with regular business performance reviews and rolling forecasts, for more informed and accurate decision making.
event planning proposals
dependent on some significant event. A CFO of a Fortune 50 company explains why planning systems need to be flexible and owned by the local team. “Once the year is under way, we review performance twice a quarter. We ask questions about how we are doing, what’s changing in the marketplace, what are the new opportunities that have arisen, and so forth. We might then produce a new estimate based on the latest knowledge. Plans never work out the way you expect, so you have to adjust as you go. There are