According to David Parmenter, annual planning, as businesses use it today, is one of the greatest mistakes organisations have made since 1494, the year mathematician Luca Pacioli wrote about double-entry bookkeeping.
In the second of our series of workshop guides, David Parmenter explains how to re-engineer the planning regime.
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Update History
- 28 Oct 2015 (12: 00 AM GMT)
- First published
- 04 Jul 2023 (12: 00 AM BST)
- Page updated with Related resources section, adding further reading on changing your forecasting and planning processes. These new articles provide fresh insights, case studies and perspectives on this topic. Please note that the original article from 2015 has not undergone any review or updates.