Despite the popular notion that we live in the Information Age, most organizations still base most of their decisions on gut instinct rather than information (i.e., evidence of what’s actually happening and what actually works). Intuition, based on true, hard-won expertise, has a role in organizational decision making, but many decisions, especially the most important decisions, should be rooted in evidence. In their excellent book, Hard Facts, Dangerous Half-Truths and Total Nonsense, Jeffrey Pfeffer and Robert I. Sutton wrote:
Business decisions, as many of our colleagues in business and your own experience can attest, are frequently based on hope or fear, what others seem to be doing, what senior leaders have done and believe has worked in the past, and their clearly held ideologies—in short, on lots of things other than facts…If doctors practiced medicine the way many companies practice management, there would be far more sick and dead patients, and many more doctors would be in jail.
At ExcelnAccess.com, we create Robust Financial Models for our clients using Microsoft Excel (VBA, Power Pivot, Power Query) and Microsoft Access that turn data into information, and that can quickly/flexibly answer varied questions about their data.
