How would you sell the idea to do annual budget in ranges to the CFO?

Risk management network, need your help. Looking for any solid ideas from anyone who has already moved to probabilistic budgeting using ranges and distributions instead of single point estimates. How… Continue reading How would you sell the idea to do annual budget in ranges to the CFO?

Risk management used to be a science, then it became an art, now it’s just bullsh@t

Latest views from Alex Sidorenko on how “innovation”, lack of business acumen and consultants are killing modern risk management in non-financial organizations. First there was science… Some sources suggest probability… Continue reading Risk management used to be a science, then it became an art, now it’s just bullsh@t