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"Why Should I Trust Your Forecasts?" now available on-demand

The SAS / Foresight webinar series had a rousing kickoff on April 24, with Paul Goodwin asking (and answering) the question, "Why Should I Trust Your Forecasts?"

The webinar is now available for free on-demand review . Be sure to stick around for the engaging Q&A session after Paul's presentation.

"FVA: A Reality Check on Forecasting Practices" on June 20

Please join us again at 11:00 am EDT on June 20 for the next webinar in the SAS / Foresight series, "FVA: A Reality Check on Forecasting Practices." I'll be delivering the content, based on an article in the Spring 2013 issue of Foresight.  Here is the abstract:

Forecast Value Added (FVA) is the change in a forecasting performance metric that can be attributed to a particular step or participant in the forecasting process. The concept turns attention away from the end result (forecast accuracy) to focus on the overall effectiveness of the forecasting process. FVA has caught on in many companies as an aid in eliminating unnecessary and even harmful actions. This webinar shows how to gather the data and conduct FVA analysis, with examples from companies that have applied this approach.

"Get to Know the IBF" on May 8

Anish Jain, managing director of the Institute of Business Forecasting, speaks on  how to "Get to Know the IBF" at 10:30 am EDT on May 8. Anish will cover some of the offerings provided by the IBF, including:

  • Benchmarking research
  • Certification
  • Training
  • Events
  • Journal of Business Forecasting
  • Books
  • Membership
  • Recognition Awards

Registration is free.

 

Tags forecast value added Foresight FVA IBF Paul Goodwin SAS
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About Author

Mike Gilliland

Product Marketing Manager

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.

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