Every organization juggles resources, budgets and timelines to achieve its strategic, tactical and operational goals. The question is how to manage these seemingly conflicting edges, and how to get an overarching, up-to-date view that allows decision makers to take proactive action without a lot of effort. This question is an old one, yet we still see the struggles and their many impactful implications. The reason is that besides all AI and prognostic calculations, we are still humans and oftentimes can neither see the full picture for now nor for the future. Combined with overconfidence, this leads to ending up in handling more topics than can be managed. This article thus provides guidance for CEOs, COOs, CIOs, and decision makers on the still relevant topic of how to efficiently and accurately plan resources and finances to achieve their business goals.
