Pre-Bexit uncertainty: risk management and planning

Following the High Court’s ruling on triggering Article 50, beating economic uncertainty takes more robust planning and risk management explains Dee Houchen, senior director at Oracle

Political and economic forces have made 2016 a challenging year. Businesses face an unprecedented level of uncertainty following the Brexit vote, and the UK High Court’s ruling that parliament must approve the triggering of Article 50 before it can be invoked has only made the future harder to predict.

Change has become the new norm. As a result, accurate planning and forecasting have never been more vital and CFOs are being challenged to deliver in this regard. A recent study by Oracle found that 53% of finance leaders believe their role is more focussed on forward planning than ever.

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