How will you proceed for AOP for the next year walk me through end to end and what is the time line you consider fit for your 1st cut presentation to the Management? Team handling and deligation of task

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Accepted Answer

I will start by gathering historical data, collaborating with key stakeholders, creating detailed financial models, and presenting the first cut to management within 2-3 months.

Gather historical data on revenues, expenses, and other key financial metrics from the previous year.
Collaborate with key stakeholders such as department heads, sales teams, and operations managers to gather input on their projections for the upcoming year.
Create detailed financial models based on historical data and input from stakeholders to forecast revenues, expenses, and overall financial performance for the next year.
Present the first cut of the Annual Operating Plan (AOP) to management within 2-3 months, allowing time for feedback and revisions before finalizing the plan.
Ensure alignment with company goals, market trends, and industry benchmarks when developing the AOP.

How will you proceed for AOP for the next year walk me through end to end and what is the time line you consider fit for your 1st cut presentation to the Management? Team handling and deligation of task

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