Monthly Archives: June 2015

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Plan Your Escape From Excel Hell

“Excel is like one of those side-road turns you take to avoid congestion on the main road – you speed up for a short while but then get even more stuck than you were before.” – Anonymous

A condition sometimes referred to as Excel Hell causes a downward spiral of inefficiency and disruption related to the use of Excel for collaborative planning. Symptoms include broken formulas, consolidations that choke, multiple versions of the truth, mounting end-user frustration and decisions driven by bad data.

Still Using Gut Instinct To Make Most Decisions? Why?

I recently asked a partner at a CPA firm how many important decisions he makes on gut instinct and without using data to support them. He thought about it for a second and said it’s almost entirely gut feel. “I know, not good," he added.