With the current atmosphere of rapid change and uncertainty, being able to accurately forecast has gained huge currency for business leaders. Streamlining the planning process to become more responsive to change is vital. Enabling a single source of truth with integrated planning, analytics, and reporting is key to driving growth and optimizing performance.
“Whether they know it or not, many organizations stand at a cliff-edge. In today’s fast-paced business climate, they need to be able to move quickly or they’ll be left behind,” said Tom Bogan, executive vice president, Planning Business Unit, Workday. “Business agility is really about having the right controls to properly manage and measure flexibility, and most of that comes down to how you plan.”
- Static planning: Limitations of legacy planning processes
- Active planning: A new model for agility in the age of urgency
- Company-wide planning: Extending planning beyond finance for holistic planning
- Impacts of AI and machine learning: The impact of what-if scenarios and prediction machines on planning
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