HSG Publications
Permanent URI for this collection
Browse
Browsing HSG Publications by Author "3ea3e622-72ba-420f-829b-cd8033b0d8c6"
Results Per Page
Sort Options
-
PublicationValue Drivers for Financial Planning(Institute of Management Accountants, 2023)
;Michael Weiser ;Michael NudelmannPayam FarahiIn an increasingly volatile, uncertain, complex, and ambiguous (VUCA) environment, predictable planning cycles have been replaced by opaque future prospects. These developments put a strain on financial planning and the associated decision-making process. Driver-based planning and forecasting offers an analytical and scenario-based approach for dynamically steering the business. However, identifying and selecting the underlying value drivers remains a challenge in practice. Based on a case study of Swarovski, a leading manufacturer of crystal glass and jewelry, this article discusses key challenges and success factors in selecting value drivers and proposes a structured value driver selection process.Type: journal articleJournal: Strategic FinanceVolume: 105Issue: 6