Rolling Forecast

We need a rolling forecast! Really? Why?

rolling forecastBy Steve Morlidge, Business Forecasting thought leader, author of "Future Ready: How to Master Business Forecasting" and  "The Little Book of Beyond Budgeting" 

I’d like to claim that I am not easily annoyed….but that would be untrue. And one of the things that is guaranteed to irritate me are glib statements from people who claim to be experts – particularly if it is part of an act to get people to buy something.

Rolling Forecast: To Implement Or Not To Implement?

By Larysa Melnychuk, Managing Director at FP&A Trends group

Rolling Forecast can become the path leading to better company’s profitability and improved operating performance. This is a popular process in the FP&A world.  Many companies tackle the idea of taking it. 
Those companies that already implemented Rolling Forecast,  look at the ways of the process improvement. 

Rolling Forecast: 3 cases towards agility

By Richard Reinderhoff, Freelance Consultant Strategy & Operations
Financial Planning & Analysis (FP&A) is gaining more and more attention from business leaders. Its focus is the future of the business. It uses past and actual (big) data to effectively model or support the decision-making, and can timely impact the business focus. The FP&A professionals who work as Finance Business Partners understand basic accounting and reporting, yet their strength is in being from different ‘walks of life’.

Below is a review of a short presentation I gave at the latest  FP&A Board meeting in Amsterdam. It includes three short real life case studies - practical illustrations of the Rolling Forecast use.

 

How Beyond Budgeting pushes cultural change towards entrepreneurship – a case study of the Retail division of Swiss Post

By Stefan Spiegel, CFO SBB Cargo AG, former Head Controlling of Retail Division of Swiss Post 2017

In the period from 2001 to 2006, the Retail division of Swiss Post transformed itself from a public service company into a business-driven sales organization. Crucial drivers of change were, on the one hand, the adaptation of the steering systems up to the final implementation of a "Beyond Budgeting" philosophy and, on the other hand, a humanistic attitude of management and finance department against all employees. The success was amazing: The division succeeded in increasing the sales of new retail products from 0 to over 400 million CHF, optimizing the bottom line by more than 100 million CHF or more than 5 percentage points and becoming the first state-owned company in Switzerland to win the EFQM- Award for Business Excellence.

Rolling Forecast – Case Study: A Review Of Management

By: Richard Reinderhoff, Freelance Consultant Strategy & Operations

A rolling forecast is not only about seeing the future unravel, but a constant evaluation of the management team to see if they are able to adjust their operations on time. Without it, any form of strategic planning becomes useless. Below you find a real-life case. Step-by-step each question will be briefly discussed. It is about a foreign business unit, which was part of a large European corporation, on the brink of a crisis.

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