Service Offering - Making the Annual Budgeting process, a strategic and value driving departure

The annual budget process is too often seen as a fiscal event, rather then an opportunity for a new departure for the business. This offering is aimed at achieving that transformation in world view.

Deliverables :

• Assessment of the strategic context within which the budget process for the business is taking place.
• Determination of horizon frameworks appropriate to the business analysis, (1-12 months, 1-3 year, 1-5 year).
• Review of “received or prescribed methodology” from higher level organizational contexts (if any), with a view to determine emphasis points.
• Determination of multi-annual demand trends by product family.
• Assessment of business movements, whether volume, NPI, revenue, capacity, capability, cost, human capital, environmental or regulatory that necessitate a business response.
• Review of business dis-functionalisms and how they may be addressed within the new departure.
• Development of a critical success factor programme to support the new departure.

Typical Duration : Short engagement
(contingent on operating unit complexity, EIS capability and robustness of the budgeting process)

Typical Sponsor

• VP or Senior director Finance, Strategy, Supply Chain or Operations.
• Site Director Finance, Strategy, Operations, or General Manager.