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Books > Business & Economics > Business & management > Management & management techniques
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Business Forecasting - Practical Problems and Solutions (Hardcover)
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Business Forecasting - Practical Problems and Solutions (Hardcover)
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A comprehensive collection of the field's most provocative,
influential new work Business Forecasting compiles some of the
field's important and influential literature into a single,
comprehensive reference for forecast modeling and process
improvement. It is packed with provocative ideas from forecasting
researchers and practitioners, on topics including accuracy
metrics, benchmarking, modeling of problem data, and overcoming
dysfunctional behaviors. Its coverage includes often-overlooked
issues at the forefront of research, such as uncertainty,
randomness, and forecastability, as well as emerging areas like
data mining for forecasting. The articles present critical analysis
of current practices and consideration of new ideas. With a mix of
formal, rigorous pieces and brief introductory chapters, the book
provides practitioners with a comprehensive examination of the
current state of the business forecasting field. Forecasting
performance is ultimately limited by the 'forecastability' of the
data. Yet failing to recognize this, many organizations continue to
squander resources pursuing unachievable levels of accuracy. This
book provides a wealth of ideas for improving all aspects of the
process, including the avoidance of wasted efforts that fail to
improve (or even harm) forecast accuracy. * Analyzes the most
prominent issues in business forecasting * Investigates emerging
approaches and new methods of analysis * Combines forecasts to
improve accuracy * Utilizes Forecast Value Added to identify
process inefficiency The business environment is evolving, and
forecasting methods must evolve alongside it. This compilation
delivers an array of new tools and research that can enable more
efficient processes and more accurate results. Business Forecasting
provides an expert's-eye view of the field's latest developments to
help you achieve your desired business outcomes.
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