The current technology-driven turbulent business environment presents many challenges to business professionals. One primary challenge is the ability to predict and plan for the future which is unexpectedly unpredictable. Changes are constant. Companies struggle constantly to find ways to manage resources and find ways to thrive and survive in this turbulent business environment. Traditional budgeting has been overtaken by these constantly changing events and is currently outdated and irrelevant for the following reasons:
- Too time-consuming
- Based on invalid assumptions
- Focuses on past events, not future possibilities
- Creates a "use it or lose it" mentality
- Restricts creative thinking in resource management
WHY SHOULD YOU 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 personnel responsible for managing resources to think outside the box and embrace the advantages of Rolling Forecasts.
AREA COVERED
- Using Key Business Drivers & Cash to influence & 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 a Key Business Driver
- The Five Core Components of Rolling Forecasts
- The use of technology in developing & implementing Rolling Forecasts
- Simple Techniques to make it happen
- Simple samples and exercises to reinforce teaching points
- Using “What if” analogies to validate forecasts
- Benefits of Rolling Forecasts
- Pitfalls to prevent
- Selling the culture changes to make rolling forecasts acceptable
WHO WILL BENEFIT?
- Budget Analyst
- Financial Analyst
- Cost Center Managers and any position responsible for the management of resources
- Accounting Managers
- Chief Accountants
- Finance & Budget Managers
- Chief Financial Officers
- VP Finance
- Operation and Production Managers
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 personnel responsible for managing resources to think outside the box and embrace the advantages of Rolling Forecasts.
- Using Key Business Drivers & Cash to influence & 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 a Key Business Driver
- The Five Core Components of Rolling Forecasts
- The use of technology in developing & implementing Rolling Forecasts
- Simple Techniques to make it happen
- Simple samples and exercises to reinforce teaching points
- Using “What if” analogies to validate forecasts
- Benefits of Rolling Forecasts
- Pitfalls to prevent
- Selling the culture changes to make rolling forecasts acceptable
- Budget Analyst
- Financial Analyst
- Cost Center Managers and any position responsible for the management of resources
- Accounting Managers
- Chief Accountants
- Finance & Budget Managers
- Chief Financial Officers
- VP Finance
- Operation and Production Managers
Speaker Profile
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. Former CEO of his own small parts manufacturing company as well as former Senior Financial Associate of major consulting firm. Carl is a member of the following organizations: American Society of Corporate Controllers, Council of Experts (investment firm …
Upcoming Webinars
How to Write Contracts for Procurement Professionals
How to Deal with Employees Who Love to Argue and Debate Eve…
Project Management for administrative professionals
Sunshine Act Reporting - Clarification for Clinical Research
Onboarding Best Practices for 2025: Proven Strategies to Po…
Transform Data into Insights: A Beginners Guide to Excel Pi…
Reprogramming your mind for Corporate Excellence: 4 Steps t…
Terminating Toxicity: Strategies For Leaders To Confidently…
ChatGPT and Project Management: Leveraging AI for Project M…
Uplifting the Credibility of HR: How to Build the Credibili…
How to Manage the Legal Landmine of the FMLA, ADA and Worke…
How to Write Effective Audit Observations: The Principles f…
Strategic Interviewing & Selection: Getting the Right Talen…
Onboarding Best Practices for Millennial and All Employees
Performance of Root Cause Analysis, CAPA, and Effectiveness…
Bridging Generational Divides in the Workplace
Emotional Intelligence: Mastering the Emotions of Great Lea…
FDA Audit Best Practices - Do's and Don'ts
2-Hour Virtual Seminar on How to Conduct an Internal Harass…
Accounting For Non Accountants : Debit, Credits And Financi…
Successful Strategies for FDA Expedited Pathways for Your D…
Regulation update Q1 2025: New and Proposed Regulations for…
Unlock Employee Loyalty: Stay Interviews Will Keep Them Eng…
Pay Transparency in Action: Strategies for Building Trust a…
Designing Employee Experiences to Build a Culture of Compli…
Reinvent Your Business with the Power of AI
Excel Lookup Functions: VLOOKUP, HLOOKUP, and XLOOKUP Made …
Developing and Implementing Quality Culture in the Organiza…
Tips and Techniques for Conducting an Effective Fraud Risk …
Break Free from Toxicity: Reclaim Your Power and Peace
Physician Employment Agreements: Problem Areas that can be …
Measure the Effectiveness of Compliance Programs by Engagin…
FDA Regulation of Artificial Intelligence/ Machine Learning
Quality Management Systems and Data Integrity
Implementing an Effective Human Error Reduction Program
Navigating 2025 Employment Laws: What Every Employer Needs …
Cleaning Data without Complex Functions - A Course for Data…
Succession Plan for 2025: It's Not Just for Emergencies - I…
Employers Should Prepare for Immigration Raids in 2025! Thi…
Managing Toxic Employees: Strategies For Leaders To Effecti…
Using High-Performance Coaching for Managers to Address Per…