Session 1 – Budgeting: from wishful thinking to a planned future
- How does my strategy translate into numbers?
- Which core variables affect my business, and how?
This session is all about what you need to monitor, measure and forecast to achieve a true understanding of short- and long-term performance. It covers reporting systems and what to do when you spot an issue in your actuals/deviations, accurate P&L reporting and the role of historical data in achieving a realistic look at the future, and a discussion on accountability, feedback and the importance of clear communication with stakeholders.