Why do most organizations stick to the once-a-year review?
Every successful business plans and forecasts as an opportunity to look back and see what worked, and look forward to prepare for future success and changes. Why, though, do most organizations stick to the once-a-year review? In order to remain competitive and adjust to ever-changing factors, Juan Porter offers a detailed overview of rolling forecasts.
He shows how rolling forecasts afford organizations the ability to plan for both the long-term and immediate future by analyzing monthly, quarterly, and annual information with accurate and clean data. By reviewing the successes and failures while figuring out the business and financial correlations, organizations can become more fluid and versatile in their business planning.