There are several strategies that can be used to deliver stable earnings per share (EPS) trends. Firstly, change the purpose of planning and budgeting. The models should help senior management forecast what the company must do to deliver stable EPS trends. Secondly, shift the focus from financial precision to strategic success. This can be done by turning the targeted outcomes into strategic portfolio guidelines that drive the budgeting and adaptation process. Lastly, plan faster and more frequently. If budgets are inflexible and a crucial forecast can't be adjusted, it can lead to excessive stress over budget accuracy.
Simplify the process of budget creation with our Budgeting Model template. This template includes ex...
Download model