Accountants can more effectively support their organizations by helping business leaders understand and anticipate how their business environments are changing. Utilizing forward-looking tools such as driver-based rolling forecasts, league tables for relative performance measures, and dynamic resource allocations, management teams can operate with greater business agility. This workshop walks through the process of developing rolling forecasts, which are the cornerstone of these improvements.
Attendees will review the five attributes of diamond-level forecasting and evaluate over a dozen design decisions that are key to structuring effective rolling forecasts. The workshop explores how predictive logic diagrams are constructed and used to identify critical drivers, which dramatically improves forecasting power. While it is impossible to predict the future perfectly, accountants can use rolling forecasts to help their organizations become future-ready for whatever comes.
Steve Player serves as the Managing Director of Live Future Ready. He also leads the Beyond Budgeting Round Table North America (BBRTNA), working with companies to implement continuous planning processes. Steve has over 30 years of experience in improving performance management. He is the co-author of Future Ready: How to Master Business Forecasting and Beyond Performance Management and five other books. Steve interviews CFOs for the CFOThoughtLeaders.com website, discussing innovative finance and planning processes.
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