Ebook Continuous Planning mobile 2017 - Page 7

Take a Long-Range View Projects and corporate initiatives often span multiple fiscal years, so it’s important to be able to extend planning beyond the annual budget. Decisions made in the current year often have operational and financial impacts in the following year – impacts that are not visible in this year’s budget or considered in the review process. Our research on long-range planning shows that 85% of companies that fully or mostly integrate operational and financial planning with long-range planning have a planning process that works well or well enough, compared to 39% that don’t integrate plans. akeaway: Think beyond the annual budget. When planning, consider how investments will impact the business long-term. 1 2 3 4 5 6 7 8 9 10 11 12