Happy New Year! No, really, I hope 2014 is very happy for you. How happy is ‘very happy’? Very happy indeed, I say. How will we all know if you’ve succeeded in having as happy a 2014 as I’m wishing you? Well, that’s a good question and I’m glad you asked it, as I have some ideas from what I’ve seen in 2013; Continue reading
Thanks to @SimonJGuilfoyle for pointing out this fantastic good news story about record falls in the cost of our car insurance. You see, the AA tracks price changes in our insurance costs and publishes its’ findings in a lovely, quarterly report for us.
News agencies across the country have been frothing at the mouth over the possibility of a triple dip recession. I have puzzled over this term for a while now, as headline-friendly economic analysis uses the same old this quarter/last quarter, this year/last year comparatives that drive me nuts. What then, does the UK’s growth rate look like when you put it into time series SPC charts? Continue reading
An article in the Independent on Sunday reminded me of a nice little exercise we do to help people identify the difference between good and bad performance measures. Continue reading
Month end is the dread of every finance department. The pressure is always on to “get the figures out”. The figures are normally based on monthly management accounts and contain some sort of variation on the “this month/year to date/same period last year” type analysis. For most companies, they are the single most important measure of performance and the only ones that are discussed consistently at every senior management meeting. They are also the only measure that financial backers tend to care about. Coincidence? Continue reading