The CFO as Architect of Adaptive Management
“Managers will feel truly liberated only if the CFO can release them from the chains of the detailed annual planning cycle and replace targets and budgets with more effective steering mechanisms, including continuous planning reviews and rolling forecasts, that enable managers to sense and respond more rapidly to unpredictable events and to changing markets and customers. The CFO must also be prepared to devolve some planning and decision-making scope and authority to frontline teams, otherwise the benefits of faster response will be lost. …” – Jeremy Hope
1. How have you changed your organization’s annual planning cycle?
2. How have these changes impacted your organization?
3. What has the impact been on organization decision-making?