Post by Felix Courvoisier

Strategic Finance & FP&A Leader | Driving Performance, Insight & Organizational Impact | Transformation & Growth

Over the past months, Iโ€™ve completed two executive programmes that nicely connect two worlds Iโ€™m deeply passionate about: ๐˜€๐˜๐—ฟ๐—ฎ๐˜๐—ฒ๐—ด๐˜† ๐—ฎ๐—ป๐—ฑ ๐—™๐—ฃ&๐—”. โ˜‘๏ธ Strategic Management for Executives (St. Gallen Business School) โ˜‘๏ธ Strategy Execution (Harvard Business School) What stood out for me once again: Strategy is not only about defining direction โ€” itโ€™s about ๐—บ๐—ฎ๐—ธ๐—ถ๐—ป๐—ด ๐—ฐ๐—ต๐—ผ๐—ถ๐—ฐ๐—ฒ๐˜€ ๐˜ƒ๐—ถ๐˜€๐—ถ๐—ฏ๐—น๐—ฒ, ๐—บ๐—ฒ๐—ฎ๐˜€๐˜‚๐—ฟ๐—ฎ๐—ฏ๐—น๐—ฒ ๐—ฎ๐—ป๐—ฑ ๐˜€๐˜๐—ฒ๐—ฒ๐—ฟ๐—ฎ๐—ฏ๐—น๐—ฒ ๐—ผ๐˜ƒ๐—ฒ๐—ฟ ๐˜๐—ถ๐—บ๐—ฒ. This is where FP&A and Finance play a critical role. Not as a reporting function, but as a ๐—ฏ๐—ฟ๐—ถ๐—ฑ๐—ด๐—ฒ ๐—ฏ๐—ฒ๐˜๐˜„๐—ฒ๐—ฒ๐—ป ๐—ต๐—ถ๐—ด๐—ต-๐—ฎ๐—น๐˜๐—ถ๐˜๐˜‚๐—ฑ๐—ฒ ๐˜€๐˜๐—ฟ๐—ฎ๐˜๐—ฒ๐—ด๐—ถ๐—ฐ ๐˜๐—ต๐—ถ๐—ป๐—ธ๐—ถ๐—ป๐—ด ๐—ฎ๐—ป๐—ฑ ๐—ฒ๐˜ƒ๐—ฒ๐—ฟ๐˜†๐—ฑ๐—ฎ๐˜† ๐—ฏ๐˜‚๐˜€๐—ถ๐—ป๐—ฒ๐˜€๐˜€ ๐—ฟ๐—ฒ๐—ฎ๐—น๐—ถ๐˜๐˜†. Strong finance teams ๐—น๐—ฒ๐˜ƒ๐—ฒ๐—ฟ๐—ฎ๐—ด๐—ฒ ๐—ฑ๐—ฒ๐—ฐ๐—ถ๐˜€๐—ถ๐—ผ๐—ป ๐—ณ๐—ฟ๐—ฎ๐—บ๐—ฒ๐˜„๐—ผ๐—ฟ๐—ธ๐˜€ ๐˜๐—ผ ๐—ถ๐—ฑ๐—ฒ๐—ป๐˜๐—ถ๐—ณ๐˜† ๐˜€๐˜๐—ฟ๐—ฎ๐˜๐—ฒ๐—ด๐—ถ๐—ฐ ๐—ฝ๐—ฟ๐—ถ๐—ผ๐—ฟ๐—ถ๐˜๐—ถ๐—ฒ๐˜€ ๐—ฎ๐—ป๐—ฑ ๐˜๐—ฟ๐—ฎ๐—ป๐˜€๐—น๐—ฎ๐˜๐—ฒ ๐˜๐—ต๐—ฒ๐—บ ๐—ถ๐—ป๐˜๐—ผ ๐˜๐—ฎ๐—ฟ๐—ด๐—ฒ๐˜๐˜€ ๐—ฎ๐—ป๐—ฑ ๐—บ๐—ฒ๐˜๐—ฟ๐—ถ๐—ฐ๐˜€. They create transparency on whether the organization is ๐—ผ๐—ป ๐˜๐—ฟ๐—ฎ๐—ฐ๐—ธ ๐—ผ๐—ฟ ๐—ฑ๐—ฟ๐—ถ๐—ณ๐˜๐—ถ๐—ป๐—ด - ๐—ฎ๐—ป๐—ฑ ๐—ป๐—ฒ๐—ฒ๐—ฑ๐˜€ ๐˜๐—ผ ๐—ฎ๐—ฑ๐—ฎ๐—ฝ๐˜. They also provide the ๐—ณ๐—ฎ๐—ฐ๐˜-๐—ฏ๐—ฎ๐˜€๐—ฒ๐—ฑ ๐˜€๐—ฝ๐—ฎ๐—ฟ๐—ฟ๐—ถ๐—ป๐—ด leadership teams need when trade-offs must be evaluated. For me, FP&A is at its best when it actively supports strategy execution - by connecting ๐˜€๐˜๐—ฟ๐—ฎ๐˜๐—ฒ๐—ด๐—ถ๐—ฐ ๐—ฎ๐—บ๐—ฏ๐—ถ๐˜๐—ถ๐—ผ๐—ป ๐˜„๐—ถ๐˜๐—ต ๐—ฎ๐—ฐ๐˜๐˜‚๐—ฎ๐—น ๐—ฝ๐—ฒ๐—ฟ๐—ณ๐—ผ๐—ฟ๐—บ๐—ฎ๐—ป๐—ฐ๐—ฒ and ๐—ฝ๐—น๐—ฎ๐—ป๐˜€ ๐˜„๐—ถ๐˜๐—ต ๐—บ๐—ฒ๐—ฎ๐˜€๐˜‚๐—ฟ๐—ฒ๐—ฎ๐—ฏ๐—น๐—ฒ ๐—ผ๐˜‚๐˜๐—ฐ๐—ผ๐—บ๐—ฒ๐˜€. Grateful for the learning, the exchange and the fresh perspectives. Always curious how others see the evolving role of Finance in strategy development and strategy execution.

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