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Budgeting and Forecasting: How to Master Forecasting

Brought to you by CFO Learning

Date: Available Now
Time: Available Now
Duration: 1 hour
Cost: Online $149.00

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Category: Budgeting & Forecasting
Function: CFO, Controller, Finance manager, Financial analyst, Business unit manager, Business owner

Rethink the way you organize and run forecasting processes and how you and other executives use the insights provided by forecasts to run your business. During this Webcast, Steve Player, co-author of the book Future Ready: How to Master Business Forecasting, and director of the Beyond Budgeting Round Table (BBRT), will provide you with practical steps and tools for changing the way your company thinks about and uses forecasting.

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.

During this Webcast, Steve will discuss in depth best practices for forecasting concepts featured in the articles "Let it Roll" from CFO magazine, and "Planning for Uncertainty" from the Journal of Accountancy, including:

  • Understanding why companies are moving to forecasts and abandoning traditional budgets;

  • Seven common symptoms of "Forecasting Illness";

  • Five attributes of creating coveted diamond-level forecasts; and

  • How to make your organization "future ready" by answering simple yet critical questions, such as what makes a good forecast, what periods a forecast should cover, how you guard against gaming forecasts, and how accurate a forecast has to be.

This Webcast is the third event within a three-part Beyond Budgeting Webcast Series focused on transforming the finance function by moving beyond budgeting and learning how to master business forecasting. Those who register for the entire three-Webcast series save 22% off the price of registering for each Webcast individually.

Although the trio of Webcasts comprises a series, we have designed each Webcast to be a stand-alone event and we have designed the series so that you can view each Webcast in the series in any order.

Feel free to click on this link for more information about the Beyond Budgeting Webcast Series, including how to register for this series.

This Webcast no longer offers the opportunity to earn continuing professional education (CPE) credit. We invite you to stay tuned to CFO.com for future Webcasts that will offer attendees opportunities to earn CPE credit.

For inquiries or complaints concerning this Webcast, as well as the three-part Beyond Budgeting Webcast Series that includes this Webcast, please call (888) 250-5719.

About the Presenter

    Steve Player is the founder of The Player Group, a firm focused on improving its clients' cost and productivity management. The Player Group manages leading-edge best-practices research into advanced activity-based management (ABM) implementations and beyond-budgeting applications.

    Steve serves as the founder and program director for the ABM Advanced Implementation Group and as Program Director for the Beyond Budgeting Round Table in North America. He is a prolific author of books and articles, and a former partner with Arthur Andersen LLP. He has worked with many organizations -- including members of the Fortune 500 and Inc.'s fastest growing companies -- and with businesses operating in a variety of industries.

About CFO Learning
    CFO Learning provides targeted training and education for corporate finance executives and their teams to help these professionals stay ahead of today's evolving business environment. Our training is delivered online, in-person, and in self-study formats and our presenters are leading experts experienced in providing efficient instruction to professionals.