- Sep 20, 2022
- 2 min
Rolling Forecasts are having a 'moment'
The concept of a rolling forecast as opposed to a static budget has been a favourite of consultants (this one included) for years. I...
- Sep 13, 2022
- 1 min
Getting Ahead of the Numbers
CFOs are often thought of as backward looking and internally focused. If that is their sole focus, they are failing. By the time an...
- Aug 17, 2022
- 2 min
What ever happened to “Total Quality”?
Six Sigma, TQM, Black Belts, Green Belts, Defects. Not too long ago the language of Total Quality Management was the lingua franca of...
- Jun 9, 2022
- 2 min
The Trainwreck That Is Financial Forecasting
Two addtional articles in today's Wall Street Journal, "Target Says Price Cut Vital" and "Retail CFOs Wrestle With Inventory as Hurdles...
- Jun 8, 2022
- 1 min
Forecasting Futility--WalMart and Target join the Hall of Shame
It was only back in February that I wrote about the flaws in forecasting. Yet I feel compelled to comment again. At their annual...
- Mar 29, 2022
- 3 min
The Metaverse Needs To Get Real
It seems only five minutes ago that we were talking about Web 2.0, virtual reality, blockchain and artificial intelligence. Now they...
- Feb 28, 2022
- 2 min
Facts, Forecasts or Fantasies
Forecasting is big business. Pundits forecast the outcome of sporting events, economists forecast GDP growth rates, meteorologists...