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Everyone has their way of measuring things. Quite often the way you measure something could be different to the way I measure something. And the way I measure something might not conform to generally accepted principals. Is that wrong?. The answer to that is both yes and no. If you seek to compare your measures to Industry benchmarks then you will need the same computational methodology
Planning is an essential part of all businesses. Too often we think the opposite, that it's a burdensome year end ritual. The businesses that think like that fail to understand that it should be entrenched in the day to day paradigm of a business rather than the year end ritual that some grudgingly undertake and most don't bother. As a minimum it should be a twelve month planning cy

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