TopDown Blog

Tag: Driver-based Planning

Let’s Talk About Driver-Based Planning

By on February 22nd, 2018

The “Classic” budget process, on average it takes 4-5 months to complete. Using a driver-based approach allows companies to adjust numbers more quickly when conditions change, react to current events and twist a few dials in the plan to see the impact. So let’s talk about what is keeping companies from adopting a driver-based approach.

Extreme Essbase Calcs: What-if, Goal Seeking and Sensitivity Analysis

By on June 8th, 2017

Today more and more companies are using driver-based designs and recent improvements such as Hybrid Aggregation, new calculation functions, and bigger hardware mean that there are new possibilities. Profit opportunities don’t usually follow simple linear patterns.

Driver-based Budgeting Poll

By on June 21st, 2016

We recently finished a very successful PBCS driver-based budgeting project. There are a lot of reasons why the project was successful. One big reason was the great team on the customer’s side. In particular, the customers project owner had a deep understanding of driver-based budgeting and how to use it to help his stakeholders. I’ve…

KPIs and the Pareto Principle

By on October 23rd, 2014

Focusing on the “vital few” is the first step in the strategic planning process, and allows you to identify your KPIs. According to the Pareto Principle (also known as the 80/20 rule), for most events, roughly 80 percent of the effects come from just 20 percent of the causes. The Pareto Principle is considered a common mode of operation in many business practices today – including driver-based planning.

Traditional Planning and Forecasting is Broken

By on September 4th, 2014

We’re kicking off a blogging series all about driver-based planning, in which you’ll learn how to implement a driver-based planning process from the top-down. Driver-based planning works by identifying and measuring only the key drivers of the business, and helps companies stay competitive is through informed decisions and agile business practices.

ODTUG Kscope14 – Day 3

By on June 26th, 2014

Day 3 at Kscope14 was a big one for TopDown. Four of our six speakers presented to crowds ranging from 50+ to 100+ over the course of the day. The sessions complemented each other with each drilling deeper into the information imparted from the previous one.

Driver-Based Planning: Why Less is More

By on June 4th, 2014

When it comes to EPM planning, companies have traditionally taken a “more is better” approach. With tighter budgets and competition between departments for budget allocation, it’s easy to go down the path of providing too much information, on the premise that you can’t manage what you can’t measure. So what’s the solution? Driver-based planning….

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