THE FINANCE TRANSFORMATION: Three Recession-driven Planning Trends to Follow

July 6, 2010

by Steve Player

Some of the recession-driven changes to traditional planning approaches may be here to stay. Here are three important trends.

The Recession’s Positive Impact on Planning | Source: The Big Fat Finance Blog.

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Strategic planning would

Strategic planning would plan for the future and in tremendous detail. Of course, nobody can predict the future and so strategic planning would centre more on predicting organisational performance rather than social outcomes. - Alan Shortall

Trend 2 is really positive

Trend 2 is really positive in impact of planning. Despite weak efficiency and average forecast accuracy, companies using rolling forecasting are more satisfied than others with their overall forecast output. online marketing

Taken individually or

Taken individually or collectively, budgeting, forecasting and planning processes have a significant impact on the performance of any corporation. Where these processes are not aligned it is difficult to implement strategy and financial constraints will often adversely affect operations and vice versa. - car title loans