Normal planners need not apply
A changed lexicon points to a changed reality. Twenty years ago, I uttered some words to the wise….
Inside the crisis marketplace
Some consumer shifts may endure, says Phil Young. First a health warning: it’s hard to analyze the current…
Not every company’s costs are led by their revenues
Ask a business manager how each year’s operating budget is set. Chances are they will tell you that it…
Disney doubles down on brick-and-mortar
The Walt Disney Company invests in brick-and-mortar before digital. The old expression goes something like this: “You can…
Financial planners have an important role when data is absent
In the age of AI, financial planning and analysis (FP&A) must focus on the human element, says Phil…
Future prospects for the Financial Planning and Analysis business function
Embrace the human element and worry less about AI. Financial planning and analysis (FP&A) is a crucial group within a…
Taking the mystery out of profit measurement
If members of your organization don’t understand how you measure profits, they won’t be able to contribute as…
An organization’s biggest assets are its people
Contrary to the long-held opinion of financial managers, hiring great people should be viewed as an asset, not…
Why learning buzzwords is the key to understanding financial performance
If you really want to understand financial performance, you must first learn the specialized language that describes it….
The cashless future is already here
Paper cash is on its way out. Cashless payments are already the norm in many countries all over…
The hidden ways that financial models affect corporate culture
High- and low-margin companies don’t just have opposite approaches to profit-making; they also often have deep differences in company…
Finance managers: end the acronym obsession
Financial professionals who insist on using complicated industry jargon make the entire field inaccessible. I have become…