Nice article on FVA now available online

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What is Forecast Value Added?

Please enhance your Valentine's Day with this treat offered up by the Journal of Business Forecasting. Eric Wilson's very nice discussion of Forecast Value Added, originally published in the Spring 2016 issue of JBF, is now available online: "What is Forecast Value Added?"

Eric also co-authored "Practical Considerations in Forecast Value Added Analysis" (with Harpal Singh and Sanjiv Raman) in the Summer 2015 issue of Foresight. This article is available to Foresight subscribers and IIF members in their online archives.

What is FVA -- In Two Slides

Need a quick FVA fix before reading Eric's articles? These two slides provide the essence of the concept:FVA Slide (1 of 2)FVA Slide (2 of 2)

 

 

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About Author

Mike Gilliland

Product Marketing Manager

Michael Gilliland is author of The Business Forecasting Deal (the book), and editor of Business Forecasting: Practical Problems and Solutions. He is a longtime business forecasting practitioner, and currently Product Marketing Manager for SAS Forecasting software. Mike serves on the Board of Directors for the International Institute of Forecasters, and received the 2017 Lifetime Achievement in Business Forecast award from the Institute of Business Forecasting. He initiated The Business Forecasting Deal (the blog) to help expose the seamy underbelly of forecasting practice, and to provide practical solutions to its most vexing problems.

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