This Fall 2018 issue of Foresight, our 51st, opens with Fotios Petropoulos’s review of Paul Goodwin’s latest book, How to Profit from Your Software: A Best-Practice Guide for Sales Forecasters. Fotios notes that the author doesn’t single out any one software system, but keeps the discussion general and so applicable to many products.
Continuation of Q&A from the September 19, 2018 ASA web lecture "Why Are Forecasts So Wrong? What Management Must Know About Forecasting." Why Are Forecasts So Wrong? Q&A (Part 2) Q: Should we make a distinction between business as usual forecasts and major change forecasts and do FVA for these
Last week I had the pleasure of delivering a one hour web lecture for the American Statistical Association on "Why Are Forecasts So Wrong? What Management Must Know About Forecasting." I find it helpful (both for myself and the audience) to follow up with written responses to all questions submitted
Forenote: We Are The Champions In a season marred by more cheating and dirty play than a church league, I had the pleasure of teaming with this motley group below to win the 2018 SAS Basketball Championship. Easy everyone...don't think I announce this to be glorified and put on a
Note: The following concludes an eight-part serialization of selected content from Steve Morlidge's The Little (Illustrated) Book of Operational Forecasting. Good forecasts don’t always ‘look right’ Many forecasters believe that they can tell how good a forecast is by ‘eyeballing’ it. Good forecasts just ‘look right’ or so they would
Note: Following is an eight-part serialization of selected content from Steve Morlidge's The Little (Illustrated) Book of Operational Forecasting. The measurement challenge So here is the forecasters dilemma: There will always have forecast error. The challenge is to work out the cause of the error and to take the appropriate