Seven Symptoms of Forecasting Illness
Forecasting is generally such a broken process that nearly one-third of annual corporate budgets a key product of forecasting are obsolete the day they arrive.
Why? Because most forecasting is rooted in old tools and practices, and most finance managers see the quality and accuracy of their forecasts through a fog of misconception.
In this white paper from Steve Player and Steve Morlidge of Beyond Budgeting Roundtable, you'll discover how to diagnose the health of your forecasting process and what to do to make it better. The authors cover the following seven symptoms:
- Semantic confusion
- Visual impairment
- Delusions of accuracy
- Systemic overload
- Prosperity syndrome
- Lack of coordination
- Asocial behavior
Download and read Seven Symptoms of Forecasting Illness, and take advantage of the insights and advice these experts provide.