Podcasts · Inside the Strategy Room
316. Your budget is killing your strategy: 4 imperatives for CFOs
· 55 min
Episode 316. Your budget is killing your strategy: 4 imperatives for CFOs
The traditional annual budget process is broken. It is rigid, backward-looking, and not operationally fit to keep up with today's fast-moving markets. Top-performing companies are outpacing peers by budgeting differently. Matthew Maloney, Karen McLoughlin, and Michele Tam join us to discuss their recent article on how top-performing companies are transforming the budget from a control mechanism to a dynamic road map for driving growth. They share how leading CFOs are more closely linking the budget to strategic priorities, and how harnessing AI enables a data-driven, forward-looking approach.
Related insights
Your budget is killing your strategy—here are four ways to fix it
The CFO as growth leader: A conversation with Levi’s Harmit Singh
CFOs have been concerned about geopolitical impacts for months
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- https://www.mckinsey.com/capabilities/strategy-and-corporate-finance/our-insights/your-budget-is-killing-your-strategy-here-are-four-ways-to-fix-it?cid=cl4c-cml&sid=%7b%7blead.SFDC%20Id:default=CL4C%7d%7d
- https://www.mckinsey.com/capabilities/strategy-and-corporate-finance/our-insights/the-cfo-as-growth-leader-a-conversation-with-levis-harmit-singh
- https://www.mckinsey.com/capabilities/strategy-and-corporate-finance/our-insights/cfos-have-been-concerned-about-geopolitical-impacts-for-months
- https://www.linkedin.com/showcase/mckinsey-strategy-&-corporate-finance/
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