The journey for Finance to transition from the hindsight looking Trusted Scorekeeper to the forward looking predictive Strategic Partner include investments in Systems, people and processes. Since most Finance groups are just starting their journey, how can they get a leap into becoming a predictive hub who provide unbiased forecast solutions and insight and foresight…
Unbiased Forecasting – From Predictive to Prescriptive Analytics with Systematic Intelligence™
This is the third of four articles in the Unbiased Forecast series. In this article we articulate how Finance can use the predictive methods, described in article two, to influence the forecast decisions by providing predictive analytics for ‘What might happen’. In addition we will reveal the concept of Systematic Intelligence which enable Finance to…
Unbiased Forecasting – Predictive Methods and Pros & Cons
This article is the second of four in the Unbiased Forecasting series. In this article we explore five unbiased forecast methods from the use of Excel to sophisticated analytics tools. Excel has limitations for the savvy strategic business partner, but if your toolbox only consist of Excel there are some methods that can be usefully…