For some time now there has been much talk about the inexorable advance of digitization, all-pervading algorithmism and modeling. So where does that leave experience, practical experience? Why it must not be neglected is explained in this thoughtful essay.

Business Planning and Budgeting is based on false assumptions. The time is ripe for Non-Budgeting and Lean Planning. What matters is agility, action-oriented and rational behavior: in short, everything must focus on the purpose of the enterprise.