Organizational culture can be a major asset or a damaging liability that hinders all efforts to grow.

Change the budget at any point that the key assumptions it is based on are no longer valid.

When creating scenario plans, consider not only the change in business conditions but also how long they are expected to last.

Statoil is empowering its workforce by taking a balanced scorecard type approach to articulating goals and the action steps needed to reach those goals.

Businesses should embrace a structured methodology for optimizing the entire financial close.

Benchmarking should become an automatic and automated process within finance as it can provide insight not available by other means.

Energy company Statoil has embraced an innovative, self-regulating management model.

The budget process does not have to be an annual pain in the spreadsheet, if you follow these six basic tips.

Finance professionals need to genuinely embrace continuous improvement principles to keep pace in this topsy-turvy economy.