Well-designed incentive compensation plans – especially sales commission plans – are an incredibly powerful way to motivate great performance. But designing a great plan is both an art and a science.
Let’s take a look at some of the most messed-up, incomprehensible recent examples of quantation. Not surprisingly, all are graphs. But some come from sources that definitely should know better.
In my last article, I listed four questions you should ask yourself, and the order you should ask them in. In this article, we address Question #1: Which is the most effective way to impart your key information?
When the graph is the right way to present your FP&A information, several important questions should be asked.
In this episode of the FP&A Trends Video Series, Randall Bolten, author of "Painting with Numbers" talks about how to effectively present numbers for FP&A professionals. Presenting numbers is communicating, and therefore there are certain tips to make sure it is done correctly.
“A good sketch is better than a long speech…” a quote often attributed to Napoleon Bonaparte. Companies are collecting, organising, storing, and analysing data from hundreds of sources, and the volume is increasing exponentially. But this data is only relevant if it can be used to drive outcomes and make timely business decisions. So it is essential to you can understand and evaluate the data quickly, and this is where data visualisation comes in.