Rolling Forecast. Part 1 – What problems are we solving?Before a doctor prescribes a course of treatment, she first will diagnose what your ailment is… or at least a good doctor will. Imagine how you’d react if you walked into your Doctor’s office with a backache and without asking you a single question she prescribed eye drops. I’m sure the eye drops are great… Read More |
Rolling Forecast – a 3 Part SeriesThe question I get most frequently is “Do you believe in Rolling Forecast… is that what we should be doing?” A good, comprehensive answer to that question is addressed in an upcoming thee part blog series. Part one will look at the common problems of corporate planning and budgeting. That’s important because you want a… Read More |
15 Things You Can’t Do in Excel for Budgeting: #2#2- You can’t have executives electronically sign off on budgets underneath them. We’ve all been there. You’re sitting in a budget review meeting and an executive says, “That can’t be right, you don’t have the right budget.” It seems the higher up the executive is making that statement, the longer the silence that follows… I… Read More |
15 Things You Can’t Do in Excel for Budgeting: #1#1 You can’t tell where everyone is in the process. The first thing you can’t do in Excel is tell where everybody is in the process. You know who’s submitted a spreadsheet to you and that’s about it. There’s nothing to give you visibility into the work in process. You don’t know who’s started and… Read More |
