Posted by Reilly Atkinson on November 12, 1999 at 00:42:35:

In Reply to: KM case studies posted by Denham on November 05, 1999 at 14:42:38:

Denham -- Don't forget that someone has to mind the store, even when change and information are flying about in streams & clouds. That is, Balance Sheets and Income Statements and other corporate financial statements must be based on hard numbers. Hard number data on sales, inventory, on the performance of distribution channels and all cost accounting measures are quite necessary. When you write checks, they are always for a specified amount. No way can you get away from hard numbers. Bean counters will always be able to find work.

He who attempts to forecast ROI or gross income or whatever in the face of uncertainty and change is a fool -- unless "what if" techniques are used, appropriately.
Regards
Reilly

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