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Forecasting Uncertainty (PowerPoint PPTX)
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DESCRIPTION
This product (Forecasting Uncertainty) is a 29-slide PowerPoint presentation (PPTX), which you can download immediately upon purchase.
The impact of unforeseen crises—such as economic depressions, natural disasters, and black swan events (e.g. the recent COVID-19 pandemic)—is immense. There are safety concerns everywhere. People have restricted movement, business activities slow down, and cash flow squeezes.
Planners typically prepare forecasts based on historical trends, past performance, and market trends. During these uncertain times, customers' requirements shift dramatically and this demands different ways of working from the organizations.
This framework provides a detailed overview of a robust 3-step approach to Forecasting in times of uncertainty:
1. Select a flexible forecasting tool suite with the right level of scope and detail.
2. Share, corroborate, and evaluate your assumptions.
3. Outline the impact of decisions.
Once the 3-phased approach to forecasting has been successfully executed, uncertain times demand from the executives to concentrate on evaluating their organizations' existing capabilities and leveraging Business Intelligence tools. The next critical steps for the executives to focus on are:
1. Assess existing Forecasting and Scenario Planning competencies.
2. Create tactical models necessary for detailed analysis.
3. Confirm the assumptions.
Each of these 6 steps are discussed in detail in the presentation.
This PowerPoint presentation on Forecasting uncertainties also includes slide templates for you to use in your own business presentations.
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Source: Best Practices in Scenario Planning, Disruption, Forecasting PowerPoint Slides: Forecasting Uncertainty PowerPoint (PPTX) Presentation, LearnPPT Consulting
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OVERVIEW
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ABOUT THE AUTHOR
We are a team of management consultants trained by top tier global consulting firms (including McKinsey, BCG, Deloitte, EY, Capgemini) with a collective experience of several decades. We specialize in business frameworks based on real-life consulting engagements.
We have served 100s of clients that range from Fortune 500 companies to tech startups to $1B+ private companies.
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