USING MODELS IN FINANCIAL PLANNING
Charles W. Gibson
(Assistant Vice‐President, the Philadelphia Saving Fund Society. This article is based on a presentation given at a seminar of the Mutual Institutions National Transfer Systems, Inc.)
258
Abstract
Models can be a beneficial planning tool to evaluate real alternatives. However, the user must avoid some common traps, including the temptation to have the model validate management's preconceived notions and the allure of overly elaborate and complex models.
Citation
Gibson, C.W. (1981), "USING MODELS IN FINANCIAL PLANNING", Journal of Business Strategy, Vol. 2 No. 1, pp. 39-51. https://doi.org/10.1108/eb038923
Publisher
:MCB UP Ltd
Copyright © 1981, MCB UP Limited