ROLLING FORECASTS

Implement rolling forecasts to anticipate changes and better inform strategic direction

Ascention helps its clients implement rolling forecasts to help anticipate changes and better inform strategic direction.

A rolling forecast is a process in which key business drivers are forecast on a continual basis. Its objective is to foresee the risks and opportunities presented by a dynamic business environment, revisit strategy in the light of new business scenarios and align resources/activities for competitive advantage at periodic frequencies. Rolling forecasts are not simply periodic updates against the annual budget and are not associated with a specific financial year.

1. Move toward driver-based forecasting
2. Link forecast to strategic and operation decisions
3. Ensure direct ownership and involvement of budget owners in forecasting
4. Deploy appropriate tools and technologies
5. Design appropriate change management policy
6. Monitor and revisit