Looking back, looking forward: WM’s Eric Davis on how data and analysis guides planning as the economy weakens.
How do the best financial planning and analysis (FP&A) teams rise to the current, critical challenge of planning, budgeting and guiding corporate leaders in periods of high uncertainty and volatility as recession fears mount?
- To answer that question, we turned to Eric Davis, vice president of finance at WM, formerly known as Waste Management. Listen to his response by hitting the play button on the video clip below.
- Mr. Davis has been at WM for nearly 25 years, including six as director of FP&A. In his current role, he oversees FP&A, capital management, internal reporting and investor relations.
- He describes how FP&A at WM blends insights from past recessions with analysis of current economic data to determine what parts of WM’s business are most likely to be hit by recession, helping business leaders decide where to focus their attention and what action to take.