Too Busy Analyzing the Past...
G.J. Bouwman, Business Consultant, Netherlands
Research done in 2010 showed that the respondents (135) are often busy by gathering information about the performance in the PAST instead of simulation
. Although they wish to have more information regarding the future.
One specific interesting theme is that business cases - if they are made at all -- are often not compared to the actual results when the investment is done. (Even if Prince2 and other project tools do say that you should continually work with an actualized business case).
So I think the power of business modelling is understood, but because of a lack of good reporting instruments, businesses spend too much time on the passed performance.
Good reporting instruments must have options for some simulation / modelling. So this can work in two ways.