Rolling forecasts, planning and budgeting

In some organisations, key parts of the management system aren't linked together: strategy, budgeting, forecasting, performance measurement, management reporting, incentive compensation and corporate governance, all take place in separate parts of the business, and are managed in functional silos.

For organisations operating in an environment of continuous change, traditional budgeting has become out of date.

Today, many senior management and line managers are turning to rolling forecasts to inspire and lead their organisations to superior performance.

Rolling forecasts offer greater visibility into future operating performance. Unlike budgets, they reflect the fact that operations don't switch off at year-end. Making good business projections isn't as hard as it sounds. Implemented correctly, rolling forecasting can be the single most valuable tool to identifying where changes need to be made in order to maximise profitability and minimise losses. Well-established forecasting techniques can take some of the guesswork out of operational decision making and put the focus back on optimising profitability, rather than putting out fires.

For a copy of the full agenda, please contact:
Eugene Azucena - Senior marketing manager
+65 6557 9185; moc.egde-oen@enegue

Date: 28 January 2015 to 30 January 2015
Time: 08:00 - 17:00
Venue: Johannesburg