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Early indicators are a popular tool when it comes to planning and forecasting in business. “Prediction is very difficult, especially if it’s about the future”, as Nobel laureate Nils Bohr once said. Hence, managers and planners desperately search for some early signs that help to improve the qualit Read More

The job description of a strategist is manifold. Similarly, expectations on the strategist are diverse. Not surprisingly, these many facets are fairly contradictory. Hence, a strategist is torn between many worlds. Here are my pairs of opposites that constitute the framework for the strategist’s da Read More

Despite some downsides, many businesses use self-developed Excel sheets for strategic and financial planning. By following these proven best practices, you can minimize the problems and significantly increase the credibility of your model. Read More