Now, more than ever, business financial and operational modelling is critical. Scenario testing is critical. With the UK and other governments worldwide seeming to ‘flip flop’ on crucial economic policy, on population movement restrictions, and on government support packages, business survival is about making the right decision at the right time, and considering the ‘what ifs’ to enable trouble to be navigated…
Read MoreSpreadsheets are amazing tools that enable all sorts of analysis to be undertaken that would otherwise be difficult and time consuming to construct; what has always exited me is being able to build financial models and run scenarios (often complex ones) to support commercial decision making and business planning.
Although I am stating the obvious, It is not just me that has recognised the strength and potential of spreadsheets; spreadsheets are everywhere and in every business (pretty much). What has become apparent, however, is that many business place undue trust in the integrity of the analysis that spreadsheets produce.
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