Eliminating Budget Waste to Become Future Ready
Date: Wednesday, September 13, 2017
Location: Savannah, Georgia
Steve Player & Mike DeLuca
Senior leadership often uses the budgeting process to try to squeeze costs out of your organization. As a result, the budgeting process at most organizations has become one of the most painful to endure. Yet if you were to evaluate your current budgeting process, do you find that it is full of the kind of waste that your lean principles are trying to overcome? Are you ready for finance to embrace lean principles rather than blocking them? If your answer is yes, this workshop is for you.
Rather than help their organizations become lean, many finance organizations are unknowingly blocking those efforts. This workshop shows you how to become a driver that enables better performance.
Learn how organizations have eliminated budget waste to become future ready.
“In this session you will learn…”
- how to identify the pain and dissatisfaction with your current budgeting process.
- how the 12 Beyond Budgeting principles provide more effective ways to adapt to change.
- both paths to implementation Beyond Budgeting – the revolutionary and the evolutionary.
- how to get started by quickly implementing a rolling forecast to immediately improve visibility.
- from case studies of those who have already successfully made these changes.
- how to make a case for change that can guide your organization to success.
About the Facilitator:
Founder and Managing Director, Live Future Ready
Program Director, Beyond Budgeting Round Table North America
Steve Player is the founder Live Future Ready – a member-based community of practice that implements more effective ways to plan and control operations. These approaches focus on creating lean, agile organizations that consistently deliver above average performance. In addition to speaking and training, Steve works directly with member companies to implement advanced approaches to continuous planning and performance management.
He is the co-author (with Steve Morlidge) of Future Ready: How to Master Business Forecasting and co-author (with Jeremy Hope) of Beyond Performance Management as well as five other books. He regularly interviews CFOs from leading organizations on innovative finance and planning processes as part of the website CFOThoughtLeaders.com. Steve’s work in helping companies implement rolling forecasts and move Beyond Budgeting has been featured in CFO Magazine, the AICPA’s Journal of Accountancy, Entrepreneur, Financial Times, and numerous other publications.
Steve has over 30 years’ experience with improving customer profitability, strategic cost analysis, performance management and implementing strategic planning processes. He is also the Managing Director of Beyond EPS Advisors, a Business consulting firm, and founder of ABM SMART.
Mike De Luca’s 25 years of experience include over 15 years of leadership experience in the corporate environment and over 10 years of experience bringing Lean principles to life in department and organizational processes and culture. Prior to starting his consulting practice, Mike served as Executive Director of Finance at Group Health in Seattle, where he led the Lean transformation of his own department, evolved the role of Finance to meet the changing needs of a Lean organization, and co-led the Lean transformation of the budgeting process across the enterprise.
In his consulting practice, Mike has worked with companies on lean strategic planning and deployment, value stream mapping and improvement, and cross-functional process improvement in finance and operational areas such as revenue cycle and supply chain. In partnership with clients, he has developed driver-based forecasting models and continuous adaptive financial planning processes, taught and coached daily improvement methods, root cause analysis, and visual management.
Mike is on the faculty of Catalysis focusing on Lean Finance, and serves as the Healthcare Program Director for the Beyond Budgeting Round Table. He holds a Master of Science in Finance from Seattle University and is a Fellow of the Healthcare Financial Management Association.
*NOTE: This workshop is run in affiliation with the Lean Leadership Week, which includes the Lean People Development Summit and Lean Accounting/Management Summit. You are not required to attend the Summit to participate in this workshop. Simply select only the workshop, and not the Summit, when registering.