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Webinar On "Rolling Forecasts the Wave of the Future, Data Based Budgeting vs. Driver Driven Forecasts!"

Event Details

Webinar On "Rolling Forecasts the Wave of the Future, Data Based Budgeting vs. Driver Driven Forecasts!"

Time: February 27, 2018 from 1pm to 2:30pm
Location: Online
Street: 9106 Seven Locks Road
City/Town: Bethesda
Website or Map: http://bit.ly/2sDjlyu
Phone: 1-844-216-5230
Event Type: online, /, webinar
Organized By: Sam Miller
Latest Activity: Feb 19

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Event Description

Description :
Rolling Forecast contrasted with traditional budgeting as the wave of the future. Focus I on the impact of Key Business Drivers to the business. Establishing a forecasting process to cope with turbulent time. Includes the creation of Key Business Drivers. Sample formats and attendee exercises provided for start-up rolling forecast. Attendees take away a broad and basic understanding of the Rolling Forecasts, their benefits and how to migrate to Rolling Forecasts with simple tooks & Techniques.

Traditional budgeting has been overtaken by these constantly changing events as is currently outdated and irrelevant for the following reasons:

  • Too time consuming
  • Based on assumptions that may not be valid
  • Focuses on past events not future possibilities
  • Creates a “use it” or “lose it” mentality
  • Restricts creative thinking in resource management
Why you should attend :

Rolling forecasts are the wave of the future. They are rapidly replacing traditional budgeting. This webinar outlines the critical differences and advantages of rolling forecasts over traditional budgeting. It challenges finance personnel to think outside the box and embrace the advantage of rolling forecasts.
This Webinar will focus on:

  • Using key business drivers and cast to influence and impact the future
  • Why rolling forecasts are critical in today’s turbulent environment
  • Definition of key business drivers as the basis for rolling forecasts
  • The relevance of cash as key business driver
Areas Covered in the Session :
  • Why rolling forecasts are critical in today’s turbulent and constantly changing environment
  • The five core components of rolling forecasts with simple explanations and exercise to reinforce the learning points
  • The use of key business drivers and cash to influence and impact the future
  • The role and use of technology in rolling forecasts
  • How to use “What If” analogies to validate rolling forecasts
Who Will Benefit:
ALL organizations with desire to update their forecasting and budgeting processes & procedures to the new wave of Rolling Forecasts to cope with the ever changing technology based business environment.
About Speaker:
Carl Young is an Author, Speaker, Trainer, Consultant, and Coach. He holds a MBA and completed graduate studies in Accounting and Taxation. He is a former CFO of a 275M, high growth technology based company. He has over 25 years of senior level business management experience. In addition, he has over 25 years of training experience in finance, accounting and business management. He taught Accounting I at the University level for 15 years. Former CEO of his own small parts manufacturing company as well as former Senior Financial Associate of major consulting firm.

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