“Understand the future that has already happened.” This quote from venerable business consultant Peter Drucker was invoked by Steve Player, North American Program Director for Beyond Budgeting, in one of a series of SAP Game-Changers radiocasts. Three guests visited the program and were asked to offer their thoughts on budgeting and forecasting – and here’s what they had to say.
When it comes to integrated business planning, CFOs might want to decipher and heed Drucker’s advice. According to roundtable experts, it might be C-level executives who are keeping companies behind the eight ball.
Budgeting and forecasting success are dependent upon a comprehensive understanding of the business and a keen ability to predict future trends.
But how do we achieve this? Are disruptive technologies such as enterprise mobility, cloud, and in-memory computing the answer to implementing integrated business planning enterprise-wide?
Jeff Hattendorf, cofounder of IT consultancy firm Macrospect, believes…