Getting Better at Getting Ready: Scenario Planning for Competitive Advantage

What if you had, ready at hand, an instruction book that told you exactly what to do in the event of any kind of emergency? You would feel more prepared to handle whatever challenge comes at you, wouldn’t you? Maybe you’d feel more confident knowing you always had a “plan B.” That’s what Scenario Planning is: an organization’s instruction book on how to handle major challenges. It’s the process of anticipating change before it happens and building an action plan for when it does. Read more here.


Getting Started in Business Analytics & Data Science

Good business analysts are “bilingual” – able to speak fluently to both business managers and IT folks.   Here are a few next steps and concrete resources to dive into analytics and start building expertise:

1. Take a course on analytics, like this one from Loras College

2. Join the IIBA and get certified in the Business Analysis Body of Knowledge

3. Read up on better practices, especially books from Stephen Few at and for the fundamentals of information design, I love Edward Tufte’s work

4. Play with some tools:

5. Join a community of like-minded people:



Now available: Intro to EPM for Finance Professionals course

I’m happy to announce that my intro to EPM course is available via Proformative.

Click this link to receive a 10% discount when you sign up – you also get access to hundreds of courses on all things Finance from Cashflow to Treasury, FP&A, SOX, and more.

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This CPE-credited course is under an hour and walks through the component parts of EPM and how they all fit together in a management process.

This is a good refresher of the main concepts I cover in my book.

Hope you enjoy the course and all that Proformative has to offer.

The Enterprise Performance Management Wheel of Fortune

I’m extremely proud to announce I’ll be presenting at ODTUG’s Kscope16 in Chicago in July of 2016.  For details on the event, click here.

One of my presentations is something new this year: the EPM Wheel of Fortune.


Here’s how it works:

  • An audience member volunteers to spin the wheel (yes, it’s literally a wheel that spins), and it will land on a key driver of value in many organizations;
  • Then, together with the audience, we agree on the definition of the driver and we decompose it into some of its component parts;
  • We take the driver and it’s components and we walk it through the EPM process (see here for more details);
  • When the walk-through is done, we’ll have a good set of initiatives that can give new insights and accountability on the main value driver – and use them for competitive advantage.
  • Then we do it all over again, using a new spin and a new value-driver.

By the end of this session, participants will see a simple process for uncovering new initiatives that use the power of EPM to make a difference in the business.

Hopefully I’ll see you at Kscope16 in Chicago and we’ll have some fun and learn something new together.

Enterprise Planning & Forecasting Flow – with Oracle Tools

I was asked to elaborate on my last post to include which Oracle technologies address which part of the enterprise planning ecosystem, so here you are!  Please note, there are many ways to implement planning using Oracle tools, these are some of the most widely used.

enterprise planning flow with tools

Enterprise Planning & Forecasting Flow

I was asked to show how all of the part of an organization’s budgeting, planning and forecasting come together and support each other, and how the organization can get more sophisticated at forecasting.  This diagram helped explain the overall flow as well as some of the elements you would want to put on a roadmap.

enterprise planning flow

This should be a good starting place to have a debate about using the right planning and forecasting for better insight into the business, better resource deployment, and better profitability decision-making.

Klondike15 – a new Hyperion user conference

klondike15For anyone in the Ohio/Michigan Lake Erie area, there’s a new Hyperion User Conference this February called Klondike.

Check out the agenda and register here:

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