Performance management

Instead of acting hastily, think strategically about cost-cutting

In a deepening crisis, management accountants need discipline to avoid hasty mistakes that could damage their business.

Why lengthy bonus negotiations can be strategically important

This article presents a Q&A with academic researchers who have done a study on bonus-setting. The conversation has been edited for length and clarity.

Should companies rethink their approach to 2021 budgeting?

Prabhu Sivabalan, professor of accounting at the UTS Business School in Sydney, discusses the inherent weakness in using budgets to evaluate performance and suggests quick wins to improve the budgeting process amidst COVID-19.

Cash flow management in an uncertain world

In an unpredictable economic environment, taking a comprehensive view of cash flow and setting priorities for spending is vital.

Using financial forecasts to set compensation

With so much upheaval, finance will have to pay close attention to data when adjusting compensation structures in the year ahead.

Finding the key to strategic cost management

Finance departments need to lead the way when it comes to reducing expenses in the long term.

Advice to boost revenue streams or find new ones

Rapid changes in customer buying preferences caused by COVID-19 mean that finance leaders must consider new revenue sources.

5 questions about real estate for manufacturing

When it comes to making post-COVID-19 decisions about real estate, manufacturers are in a tricky position.

Essential steps to prepare for business growth after a crisis

The coronavirus pandemic has upended life and provided businesses with opportunities to innovate. Here are essential steps to help prepare for growth after the crisis.

Leading on finance at the Royal Ballet

The Royal Ballet’s administrative director, Heather Baxter, describes the company’s complex multi-season budgeting process, Brexit impacts, and more.

How Indian businesses manage their cash during the pandemic

Finance leaders in India focus on minimising costs, diversifying into newer markets, and adopting digital vehicles to optimise cash inflows.

Insights for managing uncertainties brought on by the pandemic

These five insights may help businesses find opportunities amid the economic fallout of the pandemic.

Financial leaders face pay sacrifices during the pandemic

Finance leaders can expect to see the economic impact of the pandemic reflected in their compensation.

Pandemic performance strategies for finance leaders

Finance leaders add pandemic-specific strategies to crisis-tested performance drivers as they chart paths through the uncertainty.

Inside Thai conglomerate CP Foods’ finance function

Voravit Janthanakul, an executive vice-president of Thai agroindustrial and food conglomerate Charoen Pokphand Foods, shares how he balances data insights and instinct to solve problems.

The pandemic’s effects on forecasting and budget allocation

See how finance leaders are handling forecasts and budget changes as they seek to move from disruption to growth.

How to cut business costs and use savings to grow

Finance leaders can help their companies meet cost-reduction targets by setting goals and pushing for useful technology implementations.

How to answer a common question about a new business

The minimum profit method can provide decision-making tools to nonfinancial managers and investors.

Maintaining business continuity at Cinelab London during lockdown

John Mahtani, ACMA, CGMA, Cinelab’s chief commercial officer, explains the steps the London company took to ensure the safety of staff, while maintaining business continuity.

Making decisions about real estate commitments

Finance professionals need to ask tough questions about the cost and scale of their office space needs in the post-pandemic workplace.

Performance management

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