Why Forecasts Fail. What to Do Instead.

Surprises happen. And some of them hurt.

Like natural disasters, business crises are hard to predict. The Japanese stock market collapse, the dot.com implosion, Black Friday 2008 - almost no-one seems to have seen them coming. Why?

Is the future forecast-proof?

Future uncertainty is much greater than managers typically acknowledge, and over-reliance on statistics obscures an obvious fact: statistical regularity does not imply predictability - it merely shows what happened in the past! In most areas of business, accurate forecasting is just not possible.

There are a number of solutions that are sensible, practical and businesslike; they may involve a change of mindset before implementation! View the Adaptive Insights video and learn more about the fastest, easiest and most affordable way to move beyond spreadsheets and into cloud-based automated reporting, budgeting and forecasting.

Introduction to Adaptive Planning: