Time for Some Financial Soul-Searching
Given that the annual plan at many companies begins to lose relevance in the first quarter of the new fiscal year, the waste appears even more egregious. Surely, financial talent can be better leveraged delivering value-adding business analysis that delves into drivers of customer profitability, sales forecast accuracy and operating cost drivers, to name just a few areas. Beyond all this, it may be wise to do some soul-searching about the way finance converses with business managers ...
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