Enhancing Financial Decision-Making: AI and Machine Learning in FP&A
Enhancing Financial Decision-Making: AI and Machine Learning in FP&A Introduction In today’s rapidly evolving financial landscape, the role of Financial Planning and Analysis (FP&A) has become increasingly critical for organisations striving to maintain a competitive edge. Traditional methods of financial forecasting, budgeting, and analysis are …
FD Capital Calls on Government to Increase Auto Enrolment Contributions and Allow Greater Pension Flexibility
FD Capital Calls on Government to Increase Auto Enrolment Contributions and Allow Greater Pension Flexibility No one likes to think about old age, but your pension isn’t something you can afford to put off. For years, the state pension worked as a system because there were enough workers actively contributing to the economy and taxes to offset …
Understanding the Micro-Manager
Understanding the Micro-Manager Defining a Micro-Manager A micro-manager is a type of manager who closely observes and controls the work of their subordinates, often with excessive attention to detail. This management style is characterised by a lack of delegation and a high need for control, …
Understanding Multi-Generational Workforce Dynamics
Understanding Multi-Generational Workforce Dynamics Defining the Generations A multi-generational workforce includes a mix of individuals from different age groups, each with their unique set of values, work habits, and communication styles. Typically, these generations are categorised as Traditionalists (born before 1946), Baby Boomers (1946-1964), Generation …
Leveraging Timelines for Enhanced Business Plan Structure and Success
Leveraging Timelines for Enhanced Business Plan Structure and Success Understanding Business Planning Business planning is a comprehensive process that involves the creation of a document outlining a business’s future objectives and strategies for achieving them. It serves as a roadmap that guides the direction of …
The Entrepreneur’s Guide to Preparing for Business Scale-Up
The Entrepreneur’s Guide to Preparing for Business Scale-Up Assessing Your Business Readiness for Scale-Up Understanding the Signs of Scalability Scalability is the capacity of a business to handle a growing amount of work or its potential to expand in response to increased demand. A scalable …
Slash Government Spending and Civil Service to Fund Corporation Tax Cut
Slash Government Spending and Civil Service to Fund Corporation Tax Cut The political party of ambition, low-tax, and homegrown business seems to be its own worst enemy. Nothing proves this more than the increase in corporation tax to 25% – a move that goes against …
Eye Care Tips for Busy Finance Officers
Eye Care Tips for Busy Finance Officers Image Credit: Pexels More and more industries are riding the wave of digital transformation, and finance is no exception. A previous post about the 21st-century finance department explains that beyond evolving from traditional functions like recording and financial …
The Importance of a Strong LinkedIn Profile
The Importance of a Strong LinkedIn Profile In the digital age, your online presence is often the first impression you make on potential employers, clients, and professional contacts. LinkedIn, as the world’s largest professional network, is at the forefront of this digital handshake. A strong …
Using OKRs in the Finance Function
Using OKRs in the Finance Function OKRs (objectives and key results) have become a key part of every CFO’s and FD’s strategy and development planning. Financial executives setting to drive their company forward can leverage OKRs in the finance function to set collaborative goals for …