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Tag Archive: Model Build

Financial Model Build: The Joy of Specialisation

Gridlines

You can pick any industry these days and the chances are that there’s a lot of disruption happening right now. New technology, changing viewpoints & processes, and evolving economic factors are all playing a part. “When you take a look at the Fortune 1000 over the last 40 years, starting from 1973 you see that […]

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The Multi-Billion Dollar Excel Error that didn’t happen today

Gridlines

Excel is involved in every major transaction, every capital investment, every business sale, large or small and most financial forecasts. Decisions worth billions of dollars every single day are based on Excel models. Recent weeks have seen multiple headlines about Excel errors. Excel has been blamed for major losses, and in the case of UK […]

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Public Health England’s COVID-19 Excel Error

Gridlines

Here at Gridlines, we are always banging on about spreadsheet risk and the risk of errors in Excel. Usually, we keep it light: “The world’s largest legal weed business had its accounts go up in smoke after a spreadsheet error caused it to underreport its losses.” Or perhaps even….. “Bargain Booze’s spreadsheet hell sinks the […]

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The Disconnect Between Modellers and Business Decisions

Gridlines

I was talking to someone a few weeks ago about a joint project team. This person referred to someone in the team as being “just the modeller”. That really irritated me. It annoys me when people view modelling as being easy, something for the juniors, something that anyone can do. In my experience this is […]

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