How finance can enable business agility

Mastering budgeting as a key success factor for agile business units, teams, and projects

The uncertainty and complexity confronting today’s businesses calls for an adaptable organisation that can rapidly identify and respond to change, such as fast-rising inflation – a key risk at present for Swiss CFOs. But traditional budgeting often becomes a limiting factor for business units transitioning to an Agile model that enables adaptability through dynamically formed, product-based cross-functional teams. To unleash the full potential of Agile, we propose an evolution to an adaptable portfolio-based budgeting approach, one that transforms how value is defined through fast feedback loops for agile business units, teams or projects.

But how can this be done exactly and what are the key considerations to maintain the necessary integration with Finance?