12 Guiding Principles

Because of probabilities, good decisions will sometimes lead to bad
outcomes… Over the long haul however, process dominates outcome.

-Michael Mauboussin More Than You Know: Finding Financial Wisdom in Unconventional Places

From my perspective, the over-arching thesis and driving force for any Excel Spreadsheet Development and Financial Modeling is that Process Dominates Outcome.

1. Simplicity
2. Clarity
3. Consistency
4. Durability
5. Visibility
6. Traceability
7. Usability
8. Honesty
9. Transferability
10. Diagram ability
11. Visually
12. Transparency