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 the world continue to change
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 the world continue to change
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, your organisation engages the exercise
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 of Plato, the use of
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 hand, your organisation is constantly
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 to illustrate this fact. As
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 18 months the business operations
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% effort is right; that
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 effort is put in to
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 spreadsheets for their final mile
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 characteristics of IBP are as