FPA Tags

September 27, 2018

By Thorsteinn Siglaugsson, Consultant / Corporate trainer / Manager

An INSEAD MBA and entrepreneur Thorsteinn has over 20 years of experience in management, consulting and training. He is chairman of Ultima BV, a company specialized in developing driver-based planning and budgeting solutions. He also runs his own consultancy with a focus on improving business performance, using the Beyond Budgeting approach to planning and budgeting, and the Logical Thinking Process methodology for strategy formulation and improvement programs, both in consulting assignments and corporate training. Thorsteinn is a member of the Beyond Budgeting Roundtable and a certified expert in The Logical Thinking Process.

Thorsteinn Siglaugsson's LinkedIn account: www.linkedin.com/in/siglaugsson/

Traditional budgeting has for a long time been criticized for encouraging counterproductive behaviour, hindering growth and wasting time on useless exercises...

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September 4, 2018

By Gary Cokins, Founder of Analytics-Based Performance Management

Gary Cokins (Cornell University BS IE/OR, 1971; Northwestern University Kellogg MBA 1974) is an internationally recognized expert, speaker, and author in advanced cost management and enterprise performance and risk management systems. He is the founder of Analytics-Based Performance Management LLC, an advisory firm located in Cary, North Carolina at www.garycokins.com .

He began his career in industry with a Fortune 100 company in CFO and operations roles. He then worked 15 years in consulting with Deloitte, KPMG, and EDS. From 1997 until recently Gary was a Principal Consultant with SAS, a leading provider of enterprise performance management and business analytics and intelligence software.

His two most recent books Performance Management: Finding the Missing Pieces to Close the Intelligence Gap (ISBN 0-471-57690-5) and Performance Management: Integrating Strategy Execution, Methodologies, Risk, and Analytics (ISBN 978-0-470-44998-1). Mr. Cokins can be contacted at gcokins@garycokins.com .

Gary Cokins's LinkedIn account: www.linkedin.com/pub/gary-cokins/0/15a/949

 

How many people in your organization love the annual budgeting process? Probably none. The mere mention of the word "budget" raises eyebrows and evokes...

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August 29, 2018

By Bjarte Bogsnes, Vice President Performance Management Development at Statoil

Over the twenty years that I have worked with Beyond Budgeting, I have asked tens of thousands of managers and Finance people all over the world about how...

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July 25, 2018

A few days ago I was looking through some blogs on LinkedIn when I came across a comment that suggested the purpose of budgeting was to set stretch targets. A number of people...

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May 11, 2018

By Larysa Melnychuk, Managing Director at FP&A Trends group

In a rapidly changing business environment, the traditional, out-dated budgeting mentality is being challenged more and more. While the process of moving away from a...

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April 30, 2018

By Hans Levenbach, PhD, CPDF author of Change & Chance Embraced

Hans Levenbach, PhD is Executive Director, CPDF Training and CertificationProfessional Development Programs. He conducts hands-on Workshops on Demand Forecasting for multi-national supply chain companies worldwide. He is group manager of the LinkedIn groups (1) Demand Forecaster Training and Certification, Blended Learning, Predictive Visualization, and (2) New Product Forecasting and Innovation Planning, Cognitive Modeling, Predictive Visualization.

He invites you to join if you have interest in sharing conversations on these topics.

LinkedIn profile: Hans Levenbach

For organizations with annual expense budgets, it is important to have procedures for monitoring expenditures and budget items throughout the year. This article visually...

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