Black holes and Integrated Business Planning

Black holes can be completely defined by just three properties; make that four if you count their blackness. The three properties are mass, electric charge and angular momentum. That’s it. No matter what falls into a black hole, the only quantities and qualities retained are its mass, net charge and [...]

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Rolling forecasts, or Who ordered that?

I have previously dealt independently with issues of forecasting, planning, and budgeting in separate posts, and the time has now come to pull them all together in one place and just come out and say what I really mean. This integrative post was prompted by a recent invitation I received [...]

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I wonder what the king is doing tonight

Yes, that’s me, as Don Quixote, singing ‘Dulcinea’ from’ Man of La Mancha’ in a Broadway-themed variety show benefit concert (sort of like “Glee” for forty-to-fifty-somethings) raising money for anti-malaria netting in Africa (I did this as a medley along with ‘I, Don Quixote’). The total amount raised was over [...]

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Stop reporting variances, start impacting results

How do you know when you’ve given a great presentation?  When someone remembers it a year later and writes a blog post about it.  That great presentation in this case was given by Erik DaRosa, Director of Global FP&A for Avon, who spoke at the IE Group’s Financial Forecasting Conference this time last year [...]

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