COVID-19 brought global business to a standstill. With the world’s second-largest economy in lockdown and strict quarantine restrictions in place all over the globe, businesses were suddenly thrown into the deep end of crisis planning.
Many of the statistical tools taught at finance schools are underutilized in the workplace. However, many of these tools can help underline business issues, trends, and opportunities for improvement.
Now, McKinsey & Company released a short report confirming our biggest prediction; the best way to prepare your business for the uncertainty of COVID-19 is with Scenario Planning. “Uncertainty is the only certainty” Late February, COVID-19 crossed an infection point; cases outside China outnumbered those within the country for the first time since the initial […]
Understanding China’s Global Economic Role To better understand the potential economic repercussions of the coronavirus outbreak, we need to have a solid understanding of China’s role in the global economy. After launching its economic reform in 1979, China has shown impressive economic growth for almost 40 years. Today, China is the world’s second-largest economy and […]
Read on for a summary of Jack’s presentation and remember to watch the full webinar here for more insight. Tips for boosting cash flow 1. Understand that cash is king “Cash flow is the ultimate value driver,” says Jack. Any business, regardless of its niche, needs sufficient cash at all times in order to run […]
So just how does Santa manage to deliver all his presents by Christmas Eve? Well, the answer lies in his planning. Here’s how Santa plans his Christmas run: He follows a solid planning process A few years ago, Santa was in a real slump. The effects of global warming affected his regular delivery route, and […]
In the 3rd installment of Apliqo’ webinar series, Jack Alexander walks us through the inevitable nature of business downturns, how to prepare for them and minimize their impact on your business. Be realistic: business downturns are inevitable “In FP&A, the first thing we have to do is recognize that economic cycles are cyclical,” says Jack. […]
Last week’s meeting focused on FP&A storytelling and the added value it can bring to organizations for the first time in FP&A Board Meeting history. The meeting began with a general introduction in which the participants shared their views on the key factors for effective FP&A storytelling. The results are summarized below: Life Timely Data/Analytics […]
In the second installment of Apliqo’s new webinar series, our guest speaker Jack Alexander walks you through how to step up your budgeting and planning processes. The problem with traditional budgeting “Traditional planning models have a strong financial focus,” says Jack. “The big problem with this is that most managers see these plans as finance […]
This week’s meeting focused on FP&A Business Partnering and the key criteria companies need to focus on to establish a proper Business Partnering Team. The meeting began with a general introduction in which the participants shared their own personal experiences with Business Partnering and the best attribute the participants have ever seen of a Business […]