The idea of budgeting for a year ahead was developed in a time of stable markets, static costs, and predictable inflation. It today’s rapidly changing world, managers can’t run their business with a one year fixed plan. Many leading organizations are changing to rolling forecasts to inspire and lead their organizations to better performance. Rolling forecasts direct management’s attention towards the future, and ensure that planning is ongoing as opposed to an annual exercise.
This book explains in practical terms how to design and implement a rolling forecast system. Many diagrams, practical examples and case studies illustrate how rolling forecasts work in practice, and how to use forecasts in management meetings.
This book explains in practical terms how to design and implement a rolling forecast system. Many diagrams, practical examples and case studies illustrate how rolling forecasts work in practice, and how to use forecasts in management meetings.
