Tag: Creative

Is your forecasting mindset killing CFO innovation – Part two

In an office somewhere in the world…

 

Data Scientist: Yo accountant dude! Why do you spend so long producing your budget and forecast numbers?

Accountant: It’s how we performance manage the business.

DS: But dude, your work is always wrong, it’s always out… I mean, unless you have a crystal ball, you can’t get it right, right?

 

Continue reading “Is your forecasting mindset killing CFO innovation – Part two”

Is your forecasting mindset killing CFO innovation – almost certainly!

In an office somewhere in the world…

Data Scientist: Yo accountant dude! Why do you never forecast your miscellaneous revenue line?

Accountant: It’s miscellaneous, you can’t forecast that line.

DS: But dude, it’s 1% of your total revenue, that’s gotta impact the business and your forecast sensitivity, right?

AC: That line has no owner, you can’t forecast that line.

DS: I got exciting news dude, I can predict this line for you and be 75% accurate. That’s gotta be better than putting in a big fat zero? <holds up hand for a high five> Continue reading “Is your forecasting mindset killing CFO innovation – almost certainly!”

#BQs – What is your data visualisation policy? Do you need one?

I’ve got this!

I know Excel and three-way modelling, I know PowerPivot and PowerView, I know Powerpoint and all the animation, but what is your data visualisation standard?

Continue reading “#BQs – What is your data visualisation policy? Do you need one?”