Using Stories for Business Works. Do You Use them?

63% vs. 5% If you communicate in business meetings the way most people do, it might surprise you to know that only about 5% of people will remember the facts you share. Research shows that is the percentage of people that remember Information presented in a traditional, Joe Friday, manner; “Just the Facts”. If, however, you used stories to convey your message, you would increase your audience’s retention by a factor of twelve. Yup, that same research says more than 63% of people will remember things they hear when it’s in the form of a story. So, why don’t more […]

Review: Adaptive Insights Demo

This is a review of a demo of Adaptive Insights. It is not a review of my first-hand usage of the product, although I have used a trial version of the product with full functionality in the past. This review, however, is based on a demo of the most recent product. I am not affiliated with Adaptive Insights.

The Importance of Communication Skills

FPA Group Managing Director John Sanchez was recently interviewed by KForce about the critical importance of communication skills. While most FP&A professionals devote time to improving their technical skills every year, few spend any time honing their communication skills. FP&A professionals are routinely called upon to communicate with others in their own company and frequently must deal with people outside their organization, as well. Being effective in this communication is key to success in this role. Read the full article on the KForce website where John was interviewed.

Review of iDashboard Data Visualization Demo

I recently attended an iDashboard informational webinar that included a demo of the tool. The following is my review of that webinar. For clarity, I have not tried a hands on demo, nor have I had a one-on-one demo. My review is strictly based on their webinar. Looks Like All the Rest iDashboard’s informational webinar reinforced my opinion that most of the marketing messages from most of the budgeting, data visualization and business intelligence software companies all sound the same. We can connect to any data source, our dashboards are the best you can find and our interface is so […]

AFP Launches New Learning System for FP&A Certification

The AFP’s new FP&A certification is launching a new learning system to provide those pursuing the credential with study materials for the certification exam. They will also be offering a three day intensive review course. The AFP’s learning system will include content from the reference materials they used to develop FP&A exam. Check their post on Linkedin or their website for details on the curriculum. Their discount for those registering for the beta test will be substantial, so if you are thinking about getting the credential you may want to give serious consideration to getting in on the beta test.  

Defining Driver-Based Planning 1

In a recent presentation, I made at the American Strategic Management Institute’s Budgeting and Forecasting Summit in Dallas I spoke about driver-based planning.  One of the interesting things about driver-based planning is there does not seem to be a consensus about the definition of driver-based planning.  I have seen different definitions or explanations from very credible sources, so a better way of understanding what driver-based planning really might be to look at examples.  Before we do that, let’s take a quick look at some widely publicized versions of a working definition. Alight Planning, makers of a software package created specifically […]