ON DEMAND WEBCAST
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Webcast description
In the face of constantly changing economic times, businesses have come to understand the importance of good financial forecasting. Unfortunately, the quality of business forecasts is often poor, usually not for the lack of tools and techniques, but for a failure to understand the basic principles of good forecasting and the ability to build sound processes based upon them. The corporate world has evolved significantly; however, budgeting and forecasting processes have remained relatively stagnant.
In this second webcast of a two-part series, budgeting and forecasting revolutionary Dr. Steve Morlidge will address the importance of understanding the principles of good forecasting and provide tips for better financial decision making. This webcast sets out six principles of forecast mastery in a way that is relevant for any kind of business, but of particular interest for those seeking to move away from traditional static budgeting practices.
This webcast will
- outline what is wrong with forecasting today
- aid in your decision-making processes by revealing the principles and proper thought processes surrounding forecasting
Presentation outline
- Why forecast
- Misconceptions around forecasting
- Mastering forecasting — Six principles of forecast mastery
- Key concepts for effective forecasting
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