Spreadsheet Models for Managers


Getting Access to Spreadsheet Models for Managers


ISpreadsheet Models for Managersf you use Excel to model businesses, business processes, or business transactions, this course will change your life. You'll learn how to create tools for yourself that will amaze even you. Unrestricted use of this material is available in two ways.

As a stand-alone Web site
It resides on your computer, and you can use it anywhere. No need for Internet access.
At this Web site
If you have access to the Internet whenever you want to view this material, you can purchase on-line access. Unlimited usage. I'm constantly making improvements and you'll get them as soon as they're available.

To Order On Line

Order "Spreadsheet Models for Managers, on-line edition, one month" by credit card, for USD 69.95 each, using our secure server, and receive download instructions by return email.
Or order via Google Checkout.
Order "Spreadsheet Models for Managers, on-line edition, three months" by credit card, for USD 199.00 each, using our secure server, and receive download instructions by return email.
Or order via Google Checkout.
Order "Spreadsheet Models for Managers, downloadable hyperbook edition" by credit card, for USD 199.00 each, using our secure server, and receive download instructions by return email.
Or order via Google Checkout.

To Order by Mail

Make your check payable to Chaco Canyon Consulting, for the amount indicated:
  • For the download: USD 199.00
  • For access online for three months: USD 199.00
  • For access online for one month: USD 69.95
And send it to:
Chaco Canyon Consulting
700 Huron Avenue, Suite 11J
Cambridge, MA 02138

To use the course software you'll need some other applications, which you very probably already have. By placing your order, you're confirming that you have the software you need, as described on this site.

Subscribe now!

Spreadsheet Models for Managers


How to Work


We all have our own preferred style of working. Perhaps you like to work steadily, doing a little bit of your homework every day. Or perhaps you like to wait until the day before an assignment is due before you begin working on it. As you begin this course, take some time to design how you'll work on it.

How will you allocate your time each week to get your homework done? And how about your Course Project? As you work on your project proposal, you might want to consider some peculiarities of this course — taking them into account will lead to a more successful and effective design for your own personal work style.

Even though you're "taking" this course in a self-study format, we do recommend that you maintain a regular weekly pace. If you take breaks between the modules, or sessions, of this course, you risk forgetting what you learned by the time the break ends. This will slow your progress. So we'll assume that you do about one session per week.

Start early
Inventiveness is required
Since the homework problems do require some inventiveness and creativity, you might find it difficult to complete them if you start on them the night before they're due. Inventiveness and creativity are more difficult under pressure, so start your homework early.
Email questions take time
If you have a question about the homework, you can send your question to Rick Brenner. In general, we try to respond within one business day. Since we cannot commit to replies over the weekend, you can get more benefit from this email question-and-answer service when you start to work on your homework early.
Your right brain works all the time
You can jump-start your homework effort by engaging your right brain early. This is the part of your brain that's creative and inventive. To get it started, read the homework on the day following the session. Think about how you would do each problem. Spend no more than 10 or 20 minutes doing this. A few hours later, you'll find that you've made progress already! You'll have at least one or two insights, or a couple of ideas to try, and you'll have spent only the time it took to read and understand the problems. Some time later, spend an hour experimenting. If something is unclear, send a question to the course email list.
Have an
experimental attitude

Experimenter If you aren't sure how something works, whether it's a technique we're teaching you, or a feature of Excel, experiment with it. Keep two workbooks open in Excel — one that you intend to submit to us, and one that you use for experiments. For example, if you're unsure how the Excel function INT works, try it! Give yourself permission to try things, to make mistakes, and to try again. That's the fastest way to learn.

Be organized

You'll accumulate a large number of Excel files in this course: homework, graded homework, demonstrations, solutions, slides, and so on. We recommend that you keep them in a hierarchy organized by session. To help get you started, here's a zip archive containing an empty hierarchy.

Use email to clear up confusion

You can send email queries to rbrenner@ChacoCanyon.com, and I will do my best to respond in a timely manner..

When you do have a question, it's best to send it to the course list, because it's very likely that other people have the same question, or that when they see your question, they might be as puzzled as you are. Sending your question to the list ensures that everyone will see both your question and our answer. If you see a question on the list, posted by a fellow student, and you do know the answer, we encourage you to respond. Don't worry about being wrong — beyond being respectful of others' time and effort, and protective of your own reputation. If your reply to a question is incomplete or misleading in some way, we'll straighten things out. And we don't grade you on your email.

Some of you use email, but might not be in the habit of checking your email every day. We recommend that you make a habit of checking your email daily while you're taking this course. It's especially helpful if you check your email right before you begin working on your homework, to make sure that you have the latest hints and helps that might have been broadcast.

Look ahead,
and be willing
to go back

Most of the problems in the homework contain several parts, and it's usually possible to work each part in many ways. How do you decide which of several possible ways to solve a problem? To answer this question, look ahead. If you read the whole problem first, you may get some hints.

TelescopeLet's say, for example, that you can see two ways to solve part (a). One method requires that you compute some intermediate result, and the second method is more direct. Generally, you might prefer the more direct method. But if you look ahead to part (b) you might find that you absolutely have to have that intermediate result from (a), in order to complete part (b). So even if you work (a) using the direct approach, you'll definitely have to compute that intermediate result anyway. In this kind of situation, the direct approach to (a) offers no real advantage. The cleanest solution to the problem as a whole is the more roundabout approach to (a), using the intermediate result.

When you approach a problem, you never know in advance which of the various approaches is best. It always pays to look ahead, to consider what you'll eventually need, and to make design choices that are most helpful from the whole-problem perspective. This applies not only to your homework, but also to your course project and to all real problems you might encounter at work. Whenever you realize that you've made a poor choice earlier in your work, go back and fix it. You'll be happier with the result, and you'll remember the lesson better for next time.

Avoid retyping
homework
problem data

Many of the homework problems contain tabular data that you must enter into Excel before you can solve the problem. You can always type the numbers into a range of cells in Excel, but that's a lot of useless work. And you might mistype some of the numbers — which could lead to a wrong answer. Instead of retyping the data, click the nonalign icon next to the table to download the file homeworkdata.xls. Then load the file into Excel, and copy the data from there into your homework solution. When you paste, be sure to use the Edit>Paste Special… command (Excel 2003 and 2004), or Home>Paste>Values (Excel 2007), to paste only the Values, to avoid carrying along the formats into your homework solution.

Print
course materials

A printerAlthough we don't distribute printed course materials, you might find it handy to print copies of some of the files you receive for this course. It's most useful to print the Web pages and session notes. Most of us have only one computer, and if we try to look at the Excel files and the Web pages at the same time, we end up flipping back and forth a lot between Excel and the Web browser. This can be inconvenient, especially if memory is tight.

For most sessions, you'll find that it's best to bring with you a printed copy of the session notes and a printed copy of the problem set. These hardcopies are especially helpful if you want to make notes — you can write directly on the hardcopy.

For more about my spreadsheet consulting and training services, visit SpreadsheetAce.com.

Last Modified: Wednesday, 22-Oct-2008 05:31:20 EDT

Feeling queasy about spreadsheets?
We run our companies, in part, based on spreadsheets, yet we often wonder if they're really right. Learn more about improving the reliability and effectiveness of your financial models.
More
Sign Up for the On Line Version of This Course
With dozens of solved problems and special course tools, this course can dramatically increase your spreadsheet skills. For just USD 199.00 you receive three months of access with unlimited email support. Learn more about improving your spreadsheet sophistication and effectiveness.
More
Get the Hyperbook Edition of This Course
Identical to the edition you're viewing, but with dozens of solved problems and special course tools, and it stands alone — no Internet connection required. For just USD 199.00, it includes three months of unlimited email support. Learn more about improving your spreadsheet sophistication and effectiveness.
More