TAG
BUDGETING AND FORECASTING
Budgeting: Orchestrating Strategic Outcomes with Financial Data
31 JANUARY 2020 - 3 MINS READ
The advantages that the finance team has over all other business teams and functions are the insights they have on every other business function. Finance...
Is the budgeting process a waste of time?
22 JANUARY 2020 - 3 MINS READ
What does it bring to the table?Benjamin Franklin famously coined the phrase “If you fail toplan, you are planning to fail”. As a founding father...
Business Forecasting: How to avoid tripping on the Black Swan
22 OCTOBER 2019 - 5 MINS READ
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,...
Implementing Scenario Budget Planning for agile monthly forecasting
2 OCTOBER 2019 - 6 MINS READ
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...
7 signs Excel is a budget planning liability
3 SEPTEMBER 2019 - 7 MINS READ
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...
When does Excel become a liability to business planning?
27 AUGUST 2019 - 4 MINS READ
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...
Key problems with Annual Budgeting: insights from Oliver Wight's Stuart Harman
27 APRIL 2018 - 1 MIN READ
Many businesses are either still in their annual budgeting process, or have just finished and are taking a breath. It is often a long, arduous...
24 is the new black
23 MARCH 2017 - 2 MINS READ
Rolling planning should be the mandatory state for every business. This blog isn’t to advocate the benefits of rolling planning over a single annual plan...
The age of decision-making platforms has arrived!
16 MARCH 2017 - 3 MINS READ
Decision-making processes are key to your success. They direct resources, mitigate risk and exploit opportunity. Given the nature of business, decisions are both transient and...
How to cook a groundhog
17 FEBRUARY 2017 - 3 MINS READ
In my first blog post, I discussed the failure of many businesses to address the opportunity for improvement, and the impact of poor budgeting on a business....
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