As companies scale, finance teams can't stay generalists. FP&A analysts need to develop deeper expertise in specific business segments while keeping the whole picture in view, even if it means moving away from the jack-of-all-trades model.
How do you see FP&A changing? What are the changes you see as the company scales? It's a great question and I'm figuring out as I go. This is the biggest company I've ever worked at besides an internship at a large construction company. I'm picking up as I go along. I think the biggest thing that is changing for us right now is the breadth of scope is just constantly expanding and it's become impossible for just one of us to be generalists and understand the entire business and go beyond the surface level of the business. We still have to understand how everything fits together and understand how the business works together, but to go deep on specific specific areas of the business is requiring more focus. I don't like to use the word specialization because I still believe that we're all finance athletes and could flex across all areas of the business. But it's important to have focus. Analysts are focused on certain areas of business over others.
Trust and Leadership Lessons for FP&A From 100+ Top Leaders with CFO Jon Laudie
