Future Ready: How to Master Business Forecasting

By: Steve Morlidge & Steve Player

Price: $12.50

Quantity: 500 available

Book Condition: New


Managers of organizations are having to cope with an unprecedented level of turbulence in the business environment. At the same time their ability to compete successfully in the market place depends on the capacity to forecast the future accurately in order to protect the survival of their organisation. Conventional management techniques such as budgeting, are predicated on the ability to 2018predict' the future a year ahead - which we are patently unable to do. In the absence of an ability to generate and continuously update a view of the future as it unfolds, businesses can only react to events after the event.As a result, in business there is currently widespread interest in techniques such as rolling forecasts because they address some of the weaknesses of budgeting - i.e. the annual cycle and the limited horizon. The Beyond Budgeting concept that does away with typical financial budgeting cycles is growing in popularity with more and more fortune 1000 companies looking to implement it in their organisation including the likes of American Express, Time Warner, MasterCard International and SAS. There is, however, no guidance to help organisations design and run effective forecasting processes, and how to integrate them with other business processes - every business embarking on this journey is effectively engaging in an experiment.Printed Pages: 328.

Title: Future Ready: How to Master Business Forecasting

Author Name: Steve Morlidge & Steve Player

Categories: India, Business and Trade,

Edition: First Edition

Publisher: New Delhi, India, Times Group Books: 2011

ISBN: 8126529164

ISBN 13: 9788126529162

Binding: Hardcover

Book Condition: New

Jacket Condition: New

Seller ID: 104649

Keywords: Future Ready: How to Master Business Forecasting Steve Morlidge & Steve Player