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10.10.16

Agylytyx Focuses on Common Mistakes in Long Range Planning

Sunnyvale, CA – October 10, 2016 – Drawing from extensive experience in corporate financial planning services provided to some of the U.S.’s best companies over the past decade, Agylytyx today announced that it was starting a blog series designed to call attention to common mistakes it sees companies make when doing their long range planning (often called LRP).

“The long-term research on linking budgets to strategies is now in. While the news is not good, it is not surprising to us” said Madison Laird, the Agylytyx CEO. He continued: “ninety percent of companies consistently do not link their strategy to their budgeting, and these companies become forty percent less valuable over time than the ten percent of companies who do successfully make this link. This strategy-execution gap starts to develop because of mistakes we commonly see in the LRP process, and we wanted to address that.”

The series covers over a dozen specific topics, such as requesting too much information to designing templates incorrectly. The series entitled “15 Common Pitfalls of Long Range Planning,” will focus on one issue each week. In each case, the company will highlight the problem, describe how to recognize the warning signs, detail the impact the problem will have if unaddressed, and offer solutions for addressing the impact of the problem or, if possible, heading it off completely.

Much of the content for the paper was originally published in 2011 as part of a consulting engagement for a specific client. However, the content has been updated to include the Agylytyx experience with its clients over the past five years. The series was introduced on August 11, and is likely to run through early 2017.

About Agylytyx
Agylytyx provides cloud-based enterprise business analytic software. The company's flagship product, the Agylytyx Generator, frees up analyst time and results in better decision making across corporations. Agylytyx is based in Sunnyvale, California, and has locations in Philadelphia and Washington D.C. For more information about Agylytyx visit www.agylytyx.com.

Contact
Scott Gripenstraw
scott@agylytyx.com
(408) 498-5840


 

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