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Managing Functional Biases in Organizational Forecasts

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  • Rogelio Oliva
  • Noel Watson

Abstract

Oliva and Watson describe how organizational biases arise from the different incentives, agendas, and blind spots of the various functional areas of a business and how they compromise forecast accuracy and disrupt the supply chain process. They present a case study-the Leitax Corporation-of how one organization successfully used consensus forecasting to manage against functional blind spots and incentive misalignments. Copyright International Institute of Forecasters, 2006

Suggested Citation

  • Rogelio Oliva & Noel Watson, 2006. "Managing Functional Biases in Organizational Forecasts," Foresight: The International Journal of Applied Forecasting, International Institute of Forecasters, issue 5, pages 27-31, Fall.
    • Handle: RePEc:for:ijafaa:y:2006:i:5:p:27-31
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