When the Numbers Say ‘Stable’ but the Business Doesn’t

When the spreadsheet says “stable” but the business doesn’t, FP&A enters its most uncomfortable—and most important—territory. In this episode of FP&A Daily, Sarah Schlott breaks down the quiet tension every finance operator knows too well: the numbers look calm, the dashboards look clean, but the lived reality of the business is shifting under your feet. This isn’t a miss. It’s drift. The subtle, early signals that appear long before a variance ever hits a deck.

Sarah unpacks why Q1 exposes this more than any other time of year, how models fall out of sync with real operations, and why the best FP&A teams don’t wait for data to “prove” what instinct already knows. You’ll learn how to read operator noise as early-warning data, how to spot misalignment before it becomes narrative, and how to keep your model awake when the world moves faster than your logic.

If your numbers say “fine” but something in your gut says otherwise—this is the episode you needed.