The Frankfurt FP&A Board will meet on 8 November 2018 for the fifth time to debate on Beyond Budgeting Philosophy.
It is commonly agreed that the traditional budgeting process is time-consuming and costly, rarely focuses on strategy and adds little value. Although traditional budgets have evolved over the years, they can hardly meet the challenges of the modern economic and business environment. Join our global discussion on whether Beyond Budgeting is the best alternative, whether it is realistic to abandon the budget and transform the whole process.
The International FP&A Board was established in London, UK in 2013 and now successfully operates in 21 cities and 14 countries of Europe, the Middle East, Asia, Australia and North America. This is a leading professional think-tank that combines expertise of many senior finance practitioners. Its mission is to identify and support new global trends, skill sets and thought leadership in modern corporate financial planning and analysis (FP&A).
The FP&A Board meetings are exclusive to senior finance practitioners at CFO, FD and Head of Finance level in active employment at large local and international organisations. The events are complimentary, vendor-agnostic and by invitation only.
At this stage, we are inviting only 25 members to join the Frankfurt FP&A Board. The meeting will be conducted in English.
Beyond Budgeting Philosophy: Are we ready to abandon the traditional budget?
Thursday, 8 November 2018
6-30 pm - 7-00 pm Registration, networking, refreshments
7-00 pm - 9-00 pm Discussion
9-00 pm - 10-00 pm Drinks and networking
- Beyond Budgeting: key definitions and principles.
- A case study from the field: Knut Fahlén (Ekan Management), thought leader and author of the books Beyond Budgeting in Practice (in Swedish) and Dynamic Management Strategy (forthcoming in English), will give examples and his perspective on the Beyond Budgeting Concept.
- Almatis Case Study: "Budget vs. Rolling forecast". Presentation by Paolo Dalo, Group Controller at Almatis
- Small groups discussion on Beyond Budgeting Philosophy. "Are we ready to abandon the budget and what does it require?"
- Conclusions and recommendations.
Meeting room: Rothschild
First Floor (1. OG), Taunusanlage 1
The participants do not need any ID to enter the building. The Regus representatives will be at the reception on the ground floor and will show the guests to the meeting room which is located on the first floor. The registration table will be in the lobby in front of the meeting room.
Public transport: the underground stations near the building are "Taunusanlage" or " Willy-Brand-Platz".
Larysa Melnychuk, MD of FP&A Trends Group and founder of the International FP&A Board.
Participation in FP&A Board meetings is complimentary and exclusive to finance practitioners at CFO, FD, and Head of Finance level in active employment at large local and international companies. We cannot confirm the registrations of vendors, salespeople, consultants, middle management or unemployed.
The meeting is oversubscribed and the registration process is closed now.
Please contact us at firstname.lastname@example.org if you would like us to put you on cancellation list.