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1.3 Planning Models and BI

Category: Best Practice Guides

Planning models and Business Intelligence (BI) tools are the twin heart of the performance management framework, but they have very different roles to play, even in an all-in-one software solution.  The key difference is that planning models create new information (plans, budgets, forecasts), whereas BI tools manipulate and report information that is created elsewhere.  In the third of a series of six articles, Steve Bows explains how an appreciation of these differences can help to design a more elegant and flexible technical solution to the organisation’s planning requirements.