Your path to business agility
Part one of this series notes that 1) there are appropriate uses for spreadsheets in the planning process, 2) there is a key point at which spreadsheets fall short (alignment), and 3) an appropriate planning tool is one that makes the most of the strengths of spreadsheets in the data gathering process. In this blog,...
On a recent Webcast, a finance professional asked me about the use of spreadsheets in the planning process. Because this is such a common theme, (over 70% of respondents said they use spreadsheets for their planning process) I decided to add my observations to the conversation. Telling a finance person that they should not use...
In the last blog post, How Structured Is Your Capital Planning Process?, I wrote about my interview with Madison Laird, Executive-in-Residence at Planview. We discussed the extremes of highly structured processes and highly unstructured processes that exist in capital planning; inspired by the newly released report from The State of Capital Planning survey.
I had the opportunity to interview Madison Laird, Executive in Residence at Planview, about some of the findings and nuggets from the State of Capital Planning Study. Madison shared some of his thoughts about portfolio management and long range financial planning which have been shaped by his career at companies like Cisco, Marimba and IBM....
Is it sustainable (or dare I say smart) to be planning millions of dollars of capital investments using spreadsheets and manual processes? According to a new study of 125 financial executives responsible for capital planning, the answer is no. In fact, 49% of respondents said their top pain point associated with capital planning is the...
One hundred and twenty five senior finance executives participated in a study titled, The State of Capital Planning, conducted by Appleseed Partners and Financial Executives Research Foundation (FERF), and sponsored by Planview. The results are in and will be featured in as webcast this month on January 24, 2012 at 12PM CST. The study reveals...
Yesterday, J. Rourke wrote an article on Oracle’s Enterprise Performance Management Blog titled “EPM Resolutions for 2012” and resolution #3 caught my attention. “Many organizations suffer from planning processes that aren’t aligned across functions and are supported by disconnected spreadsheets. Look for ways to better integrate long-term, strategic planning with financial budgeting as well as...
