Tag Archives: Business Forecasting

IBM Business Analytics at the Gartner BI Summit 2011

It’s that time of the year! The annual Gartner BI Summit is just around the corner. This year’s edition will take place from January 31st through February 1st at the Park Plaza Westminster Bridge in London. IBM is one of … Continue reading

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3 ways to analyze and communicate Forecast Accuracy

What’s the best kept secret in your company? Well, hopefully not your forecast accuracy numbers? Forecast accuracy should not be a calculation that happens behind closed doors. But the numbers should be communicated and analyzed to be really useful. Here … Continue reading

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4 additional things to know about Forecast Accuracy

How is your forecast accuracy measurement project going? I hope the last post convinced you to start measuring this. But there are still some open questions. Let’s take a look at some critical items that you should consider. TIME SPAN … Continue reading

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Three things every controller should know about forecast accuracy

Forecast accuracy is one of those strange things: most people agree that it should be measured, yet hardly anybody does it. And the crazy thing is that it is not all that hard. If you utilize a planning tool like … Continue reading

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Spreadsheets Confidential – The Connected Business – Part 2

The other day I wrote about the special section of the Financial Times called ‘The connected business’. One of the key take aways from this section was the fact that way too many finance departments are putting their faith into … Continue reading

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Posted in Budgeting, Data, Financial Performance Management, Forecasting, IBM Cognos, Simply Analytics | Tagged , , , , | 2 Comments

Poor forecast accuracy

Over the last few weeks three separate clients have expressed their frustration with inaccurate forecasts delivered by certain members of the salesforce. Nothing new here. It happens all the time. However, what struck me about these three independent cases was … Continue reading

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The case for forecast accuracy

People always say that you get what you measure. And it is true. When I want to loose weight and I am serious about it, I do have to step on the scale frequently. The same thing is true for … Continue reading

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The case for continuous forecasting

Time for a confession. I really hated forecasting back in my old job. Here I was working with clients on improving their planning, budgeting & forecasting processes. Yet, I absolutely hated doing my own forecast. It just didn’t feel right. … Continue reading

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