was successfully added to your cart.

Visibility to Victory

By January 29, 2018Newsletters

Earlier this month, trailing the Georgia Bulldogs 13-0 in the College Football National Championship Game, head coach, Nick Saban and the Alabama Crimson Tide made a major halftime adjustment and replaced starting Quarterback, Jalen Hurts (25-2 record as a starter), with freshman, Tua Tagovailoa, because Saban had visibility to information in the first half and believed that Tagovailoa’s powerful arm was required for ultimate victory; it worked!

This lesson in “visibility to victory” is important to us as business owners, investors and leaders, and reminds us of the ultimate value in having a world-class Financial Planning & Analysis (FP&A) function.

In our FP&A work at hundreds of companies, we find the following situations negatively impacting visibility:

  • Data is housed in too many different systems or reports
  • Information is not relevant or timely
  • Ad-hoc, excel, everywhere
  • Reports are not action-oriented
  • Current reporting is compliance-oriented
  • Current reporting lacks key non-financial metrics
  • Undertrained staff

With the stage now set for Super Bowl LII, many of us here at CBIZ CMF in Philadelphia remain hopeful that the magic of a backup quarterback can, for the second time in as many months, propel a team, and an entire organization, from adversity to victory.

For information on our “visibility to victory” Strategic FP&A Practice, click here.

Interested in sharing?Email this to someoneShare on LinkedInTweet about this on TwitterPrint this page