I am pleased to announce publication of The Business Forecasting Deal: Exposing Myths, Eliminating Bad Practices, Providing Practical Solutions, available now in a convenient carry-everywhere size (approx 6” x 9” x 1”), or for download to your Kindle. Table of contents, sample sections (including the Prologue, Forewords by Tom Wallace

Was it the economy? the timing? the location? or the brilliant and good looking Forum panel? That will be for history (or you) to decide. What we do know is that is that the Institute of Business Forecasting’s Best Practices Conference in San Francisco, April 28-30, drew a large and

My friend Tom Reilly of Automatic Forecasting Systems posted this comment on the INFORMS discussion group on LinkedIn: Some use all of the data and some withhold data to find the best forecasting model? Withholding is arbitrary as changing the withhold from x to y means a completely different model

The Spring 2010 issue of Foresight is now available. Here is Editor Len Tashman’s preview: What’s the connection between hindsight and foresight? That is the question Paul Goodwin asks in his Hot New Research column leading off this issue. The problem is that hindsight bias – the tendency to believe

Although you probably didn’t notice, I stepped away from this blog for the last two months to think about something more important: The current state of business forecasting. I’d come to realize there is a lot of animosity in the world of forecasting. We have advocates of statistics, and advocates

In case you missed the business news last week, SAS (the company that pays me to write this blog, and the leader in business analytics) was named #1 on the FORTUNE 100 Best Companies to Work For 2010 list. Having been a user (and huge fan) of SAS software since