The Purpose-Driven CFO Part 7: The Great Alternative to Analysis Paralysis
By Andy Burrows
[First published 21st April 2017]
[ThisĀ article is also onĀ LinkedInĀ - why not "Follow+" Andy and give the article a "like"?]
If youāve seen the earlier articles in this series, youāll know that Iāve been using what Iām calling a āpurpose-drivenā perspective to draw out useful insights into the work of the Finance function. My thesis is that being explicit about the reasons why we do things, not only boosts motivation and engagement within the team, but actually affects the way we do them. The introductory article that explains the thinking behind the approach.Ā
So far, Iāve covered budgeting, strategy, reporting, projects and internal control.
This time round I want to take a look at why we do financial analysis.
What Do Analysts Do?
What is āfinancial analysisā? As I thought about that question as a starting point, it occurred to me that itās difficult to define financial analysis in general terms. If I think about any of the analysis Iāve done, or my teams have...
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