The recent crisis in the financial markets has exposed serious
flaws in management methods. The failure to anticipate and deal
with the consequences of the unfolding collapse has starkly
illustrated what many leaders and managers in business have known
for years; in most organizations, the process of forecasting is
badly broken. For that reason, forecasting business performance
tops the list of concerns for CFO's across the globe.
It is time to rethink the way businesses organize and run
forecasting processes and how they use the insights that they
provide to navigate through these turbulent times. This book
synthesizes and structures findings from a range of disciplines and
over 60 years of the authors combined practical experience. This is
presented in the form of a set of simple strategies that any
organization can use to master the process of forecasting. The key
message of this book is that while no mortal can predict the
future, you can take the steps to be ready for it. 'Good enough'
forecasts, wise preparation and the capability to take timely
action, will help your organization to create its own future.
Written in an engaging and thought provoking style, "Future
Ready" leads the reader to answers to questions such as: What makes
a good forecast?What period should a forecast cover?How frequently
should it be updated?What information should it contain?What is the
best way to produce a forecast?How can you avoid gaming and other
forms of data manipulation?How should a forecast be used?How do you
ensure that your forecast is reliable?How accurate does it need to
be?How should you deal with risk and uncertaintyWhat is the best
way to organize a forecast process?Do you need multiple
forecasts?What changes should be made to other performance
management processes to facilitate good forecasting?
"Future Ready" is an invaluable guide for practicing managers
and a source of insight and inspiration to leaders looking for
better ways of doing things and to students of the science and
craft of management.
Praise for "Future Ready"
"Will make a difference to the way you think about forecasting
going forward"
--Howard Green, Group Controller Unilever PLC
"Great analogies and stories are combined with rock solid theory
in a language that even the most reading-averse manager will love
from page one"
--Bjarte Bogsnes, Vice President Performance Management Development
at StatoilHydro
"A timely addition to the growing research on management
planning and performance measurement."
--Dr. Charles T. Horngren, Edmund G. Littlefield Professor of
Accounting Emeritus Stanford University and author of many standard
texts including "Cost Accounting: A Managerial Emphasis,"
"Introduction to Management Accounting," and "Financial
Accounting"
"In the area of Forecasting, it is the best book in the
market."
--Fritz Roemer. Leader of Enterprise Performance Executive Advisory
Program, the Hackett Group
General
Is the information for this product incomplete, wrong or inappropriate?
Let us know about it.
Does this product have an incorrect or missing image?
Send us a new image.
Is this product missing categories?
Add more categories.
Review This Product
No reviews yet - be the first to create one!
Welcome to Loot.co.za!
Sign in / Register |Wishlists & Gift Vouchers |Help | Advanced search
(1)
