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Strategic Planning For FP&A: What Is It? What is FP&A’s Role?
Q2 is when many companies kick off strategic planning, and this process is one of the best opportunities for FP&A to help drive impact. The stakes are high, as bad decisions or lack of action could hurt the company’s growth or focus. Over a series of posts, I’m going to share what I have learned →
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Strategic Cost-Cutting Without Layoffs (Cost Savings 1 of 3)
Controlling costs is a critical part of FP&A, both during budgeting and as actuals are reviewed each month. However, catalysts such as a revenue shortfall or an acquisition may require rapid cost-cutting measures. In these cases, you need to maximize savings without compromising the company’s ability to execute its strategy and ideally without impacting anybody’s →