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Spotting strategic opportunities and driving business growth

Anders Liu-Lindberg, Co-founder and Partner of the Business Partnering Institute, gave this presentation at the FP&A Summit, 2023.

So, how can your FP&A function drive business growth?

Keep reading to find out!

FP&A’s role in strategizing

Back in 2018, McKinsey published a book ‘Strategy Beyond the Hockey Stick’ and in it, they featured the concept of a power curve. This is where they ranked every industry based on its ability to create value (measured as economic profit). 

(The data is dated, but it’s more for illustrative purposes).

The point is that the 20%, most value-creating companies create significantly more value than the rest. You could probably even argue that the rest don't create any value. So, all value in the world, at least in the corporate world, is created by these top 20%.



This post first appeared on Finance Alliance Blog Posts, please read the originial post: here

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