Let’s just take a step back and imagine a world in which we didn’t have people who forecasted the weather at all. Wouldn’t planning and dressing appropriately for the entire day (or even for different intervals throughout the day) be very difficult? The bottom line here is that forecasting is essentially the best solution we… Read more »
Posts Tagged: forecasting
Our top budgeting, forecasting and business analytics posts for the public sector from the week of September 12th!
Budgeting, forecasting and performance management is a difficult process within and organization and reporting on results can be challenging, regardless of size or industry. Enterprise planning is a critical for managers that contribute to the overall success or failure of a program, project or product, especially in good and bad economic times. Despite the importance… Read more »
Does it make any sense for the government to think long term? One agency, NASA, developed a 200-year strategic plan, at one point. They engaged futurists and science fiction writers to help develop a plan for interplanetary exploration. Maybe it makes sense for NASA, but what about other agencies? Strategic foresight is not futurist forecasting,… Read more »