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Getting Your Forecasting and Planning Fundamentals Right

Author

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  • Alec Finney
  • Martin Joseph

Abstract

In their previous Foresight article (Winter 2009), Alec Finney and Martin Joseph described the Forecasting Mantra, the elements of which guide the proper creation and presentation of the forecast. Now they employ the Mantra as a basis for an audit of an organization’s forecasting performance. The audit reveals problems with the process, enables the prioritizing of new investments in process improvement, and helps a company avoid overspending. Copyright International Institute of Forecasters, 2011

Suggested Citation

  • Alec Finney & Martin Joseph, 2011. "Getting Your Forecasting and Planning Fundamentals Right," Foresight: The International Journal of Applied Forecasting, International Institute of Forecasters, issue 20, pages 29-36, Winter.
  • Handle: RePEc:for:ijafaa:y:2011:i:20:p:29-36
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    Cited by:

    1. Kahn, Kenneth B., 2014. "Solving the problems of new product forecasting," Business Horizons, Elsevier, vol. 57(5), pages 607-615.

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