Posts Tagged ‘information’

Keep Your Pulse On Developing Tools

Wednesday, April 15th, 2009

What's new in the Crystal Ball?

What’s New?

Use Tools Wisely

strategic planning: innovation: management:success

SEVEN QUESTIONS FOR YOUR PLANNING MODEL

Technology and alternate ways of doing things are always in a state of flux. Whether it’s outsourcing some of your operations or looking at techniques that aid your decision process, it’s important to keep emerging tools and practices on your radar screen.

One example is the evolving nature of financial planning and analysis software that transcends beyond traditional spreadsheet tools. Do you ever wish you had a crystal ball to aid your business decision process? Would you use such a tool if it was available? With operations becoming more and more complex, having the ability to anticipate, analyze and assess alternate strategies BEFORE committing valuable time and resources is becoming vital.

Anyone who says businessmen deal in facts, not fiction, has never read old five-year projections.“-Malcolm Forbes

Does your current financial forecasting model provide answers to theseĀ  SEVEN TYPICAL INQUIRIES? (more…)

Score Only What is Helpful

Wednesday, March 4th, 2009

Are you working on the unnecessary?

strategic planning: innovation: management:success

TRACKING ORGANIZATIONAL PERFORMANCE

Does your score keeping track useful metrics? Or does it produce data that no one really uses? Finding the right metrics is not always an easy task. A good place to start is to challenge what you are currently producing. Who gets it? Do they use it? Is it what they need?

Times do change! What might have been helpful in 1975 might no longer does the trick. Let me share with you a story about a new plant manager we’ll call Tom who was assigned to turn around a troubled manufacturing facility several decades ago.

“We are glutted with data and yet there is a shortage of wisdom”- Michael Toms

(more…)

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