“Improve, inspire and lead your organisation to superior performance by anticipating and reacting to changes rapidly.”Economist magazine reports that 80% of companies in the UK are unhappy with their planning and budgeting systems. Managers say that planning takes too long and costs too much. They say that traditional, once-a-year, fixed performance contract budgeting doesn’t work in today’s rapidly changing world.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functional silos.For organizations operating in an environment of continuous change, traditional budgeting has become out of date.Today, many senior management and line managers are turning to rolling forecasts to inspire and lead their organisations to superior performance.Rolling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 maximize profitability and minimize losses. Well-established forecasting techniques can take some of the guesswork out of operational decision making and put the focus back on optimizing profitability, rather than putting out fires.For a copy of the full agenda, please contact: Eugene Azucena – Senior Marketing Manager