Budgeting and Forecasting: How to Master Forecasting
Brought to you by CFO Learning
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 concepts and best practices for forecasting 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 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, 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.