More than ever, business scenario analysis is an imperative tool for business leaders. Since the start of the COVID-19 outbreak, the implications for businesses around…
One might suggest that finding the end of a rainbow is easier than the task of predicting the future. However, with each business planning cycle,…
The concept of utilising scenarios as a method for visioning future events can be traced back to the writings of Plato’s Republic. Since the days…
Organisations are constantly in the battle to improve the use of resources in what can be described as the survive and thrive pendulum. On one…
In a previous blog, we discussed just why Excel is now a liability to your budget, planning, and management reporting process, including providing an example…
Imagine a successful and growing organisation who have used an Excel model to construct their annual budget plan for many years. However, in the past…
The good old 80/20 rule: 20% of what we do produces 80% of our outcomes.In a business context then, it is critical that the 20%…
When teams within an organisation operate in siloes, the effects can be detrimental to the business. It results in gaps, inefficiencies, and lost productivity. Substantial…
After many years in consulting, I am still surprised to find that even organisations with sophisticated transactional forecasting and supply chain capabilities still rely on…
Integrated Business Planning (IBP) is increasingly becoming the management process of choice for organisations around the world, improving planning and decision making effectiveness. The key…