Michael Gilliland is a longtime business forecasting practitioner and formerly a Product Marketing Manager for SAS Forecasting. He is on the Board of Directors of the International Institute of Forecasters, and is Associate Editor of their practitioner journal Foresight: The International Journal of Applied Forecasting. Mike is author of The Business Forecasting Deal (Wiley, 2010) and former editor of the free e-book Forecasting with SAS: Special Collection (SAS Press, 2020). He is principal editor of Business Forecasting: Practical Problems and Solutions (Wiley, 2015) and Business Forecasting: The Emerging Role of Artificial Intelligence and Machine Learning (Wiley, 2021). In 2017 Mike received the Institute of Business Forecasting's Lifetime Achievement Award. In 2021 his paper "FVA: A Reality Check on Forecasting Practices" was inducted into the Foresight Hall of Fame. Mike initiated The Business Forecasting Deal blog in 2009 to help expose the seamy underbelly of forecasting practice, and to provide practical solutions to its most vexing problems.
Preview of the Spring 2017 Issue of Foresight Since our first issue in 2005, Foresight has strived to serve up articles that unite the scholarship of our field’s academic researchers with the perspectives of experienced organizational practitioners, all the time emphasizing lessons learned—and sometimes those lessons are learned the hard
While The BFD normally favors a lighter approach, with a focus on forecasting process (the politics and personalities therein), forecasting news, and forecasting gossip, we sometimes have to get serious. In this guest blogger post from Koen Knapen, Principal Consultant at SAS Belgium, Koen takes us into the netherworlds of
Good Judgment® Open Ever wondered how good you are at forecasting? As a business forecaster, you can do the usual comparison against a naive model (and hopefully you are beating it!). You might also compare your forecast accuracy to published industry benchmarks -- although I would strongly recommend against this.
