About 15 or so years ago, I published my first book project. The title of the book is Explicit Cost Dynamics: An alternative to activity-based costing. This approach is the basis for the capacity and cash flow modeling suggested throughout this book. At first, the idea seemed to be catching on. I had a number of really cool clients and met some remarkable business people. After a while, the idea somewhat fizzled. In my opinion, there are a number of reasons why that happened.
1. The book and the idea were complicated.
2. I was not interested in pushing the concept.
3. My lack of maturity in developing the ideas.
Explicit Cost Dynamics, or ECD, evolved from my PhD studies. I studied ...