Forecasting Techniques

27/02/2024 32 min Temporada 1 Episodio 43
Forecasting Techniques

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Episode Synopsis

Topics Covered In This Episode Evolution of Forecasting: Jeff and Mercer discuss using spreadsheet data for revenue prediction and the importance of creating actionable plans within organizations. Adjusting Forecasts for Success: Mercer emphasizes adaptability based on feedback and results. Clear plans with measurable objectives and specific steps are crucial. Sales Forecasting Strategies: Jeff encourages weekly sales meetings for accountability and accuracy and a pipeline grading system to prioritize opportunities. Incorporating Probability into Forecasting: Weekly forecasting is key for trackability and flexibility. Mercer highlights the benefits of considering probability in forecasts. Financial Literacy and Forecasting: Anticipating seasonal revenue fluctuations. Streamlining forecasting processes with software tools. Decision-making Through Forecasting: Adjusting forecasts based on vision and departmental insights. Manual involvement in the forecasting process for deeper understanding. Have a question or feedback about Business Unfiltered. Record an audio message https://s.bcast.fm/business-unfiltered-with-chris-mercer-and-jeff-sauer?episode=18pk567n