In this article, the author reveals the essentials of a multidimensional strategic company model for planning and compares a business to a living being. He also tells us how to implement such a model within your organisation.
Jack Xu
Jack is the founder of the financial modelling and simulation company Modtris (short for Model-Tetris). Before founding the company five years ago, Jack worked in the financial industry for over 20 years in modelling, trading, and structured credit portfolio management at major Wall Street banks in NYC and Hong Kong.
Author's Articles
Strategic planning is mostly done with qualitative analysis. In this article, we will explore the use of quantitative tools, how to narrow down the number of variables to focus on and what tools can help with managing multiple scenarios.
A forecast that simply assigns future values based on prior experiences is not a model. In this article, I elaborate on the meaning of specifying the cause of change by showing why 3-statement forecasting is not enough for FP&A.
This article will focus on is the modeling of a company as a whole, its consolidated future financial positions, incomes, growth and risks, as opposed to the detailed budgeting of one specific aspect of a company’s business, such as how to increase contract to sales conversion rate.