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How to Drive Companywide Continuous Planning Initiatives
Perhaps the biggest lesson to come out of 2020 for businesses was the value of constantly assessing operating conditions and adjusting plans in response to changing market realities. Business leaders had to reassess their 2019 assumptions on a regular basis to manage through a once-in-a-century disruption.
In the process, many business leaders gained a new appreciation for using data and analysis to optimize their business practices for the moment.
It’s one thing, however, to rise to a period of existential challenge and find ways to collect and analyze the financial and operational data needed to survive. It’s a different matter to institutionalize use of data collection and analysis to allow for assessing and reassessing plans at any time.
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