As we move into 2021 one of my favourite messages is to “slow down”.
This seems counter-intuitive when everything around us is speeding up. Technology, innovation, competition, Corona; things are constantly evolving, becoming more rapid and complex with every month that goes by.
So how to slow down? How can we create more freedom in our lives to stop and think? How do we avoid just working harder and faster to stay afloat? How can we use our time more wisely to bring our best selves to the table?
Three words.. Organisation, Automation & Systematisation.
The feeling of panic
How many times have you experienced the feeling of panic when you realise you have been working off the wrong version of the figures? Or the feeling of desperation when you have spent three days preparing a forecast to meet a looming deadline, and then someone comes and changes some of the source assumptions. Ahhhhh, back to the drawing board, late nights here we come!
These kinds of issues are typical in excel heavy organisations where version control, collaboration, and flexibility in the financial models are limited. It is an inevitable and well-known problem, especially for those of us in accounts that are tasked with managing the excel monsters.
In a fast-paced, complex, and distracted world, we need to be able to make sound decisions with a clear head if we are to succeed in growing our business, create better relationships, and great outcomes for our stakeholders.
Management can only make sound decisions based on high-quality information that is communicated in a timely manner to the appropriate personnel. Fact.