Rakesh Pullabhatla
  • Home
  • About
  • Solutions
  • Blog
  • Articles
  • Slide Deck
  • Contact

Quarterly Operating Plan Refreshes (Rolling Forecast)

3/10/2013

0 Comments

 
Picture
One of my previous managers said “Operating plans become outdated as soon as we finalize it”. She was kidding but there is some truth to it.  One cannot think of annual plans as static but as ‘ever-growing’ to address the changing market conditions, strategies and risks. The operating plan should be refreshed quarterly.

The steps need not be as comprehensive as preparing the annual plan but it nevertheless needs to reflect the changed circumstances.

During your monthly/quarterly “budget versus actuals” meeting with the department heads, discuss how their department’s objectives and hence spending has changed.  Incorporate those changes into the revised plan.

Dont just throw away your old plan because it is a good tool to refine your next year’s plan.


0 Comments



Leave a Reply.

    View my profile on LinkedIn

    Archives

    July 2018
    July 2017
    June 2017
    January 2017
    June 2016
    December 2015
    June 2015
    March 2015
    January 2015
    June 2014
    December 2013
    October 2013
    March 2013
    November 2012
    October 2011
    December 2010

    Categories

    All
    FP&A
    M&A
    S-1
    SaaS
    Startup Financial Operations
    Startup Management

    RSS Feed

   copyright 2010 Rakesh Pullabhatla                                     iamrakeshp@gmail.com                                                                   650.542.6210
  • Home
  • About
  • Solutions
  • Blog
  • Articles
  • Slide Deck
  • Contact