Budget planning for 2021

Budgeting for the coming calendar year entails unique challenges, given the uncertainty about the pandemic’s continuing impact. In this episode, Ankur Agrawal, Christian Grube, Matthew Maloney, and Ishaan Seth, all co-authors of the McKinsey.com article, “Memo to the CFO: A new approach to 2021 budgeting starts now,”discuss how CFOs and other business leaders should adapt their budget process for the uncertain times. They were joined by Steven M. Sterin, an independent director on the boards of DuPont and Kosmos Energy, who is the former CFO of two Fortune 500 companies: Endeavor (now a part of Marathon) and Celanese.

Om Podcasten

We talk with McKinsey partners and corporate executives on the challenges they face creating lasting strategies in a fast-changing world. We also examine the different ways these executives approach these challenges and the new and innovative ways they think of creating a vision for their enterprises.