Call us at 510-868-1040/ Login/ Register /

The current technology driven turbulent business environment present many challenges to business manager.  One primary challenge is the ability to predict and plan for the future which is unexpectedly unpredictable.  Changes are constant.  Companies struggle to find ways to find manage resources and find ways to thrive and survive in this turbulent business environment.

Traditional budgeting has been overtaken by these constantly changing events as is currently outdated and irrelevant for the following reasons:

  • Too time consuming
  • Based on assumptions that may not be valid
  • Focuses on past events not future possibilities
  • Creates a use it or lose it mentality
  • Restricts creative thinking in resource management


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 finance personnel to think outside the box and embrace the advantage of rolling forecasts.


  • Why rolling forecasts are critical in todays turbulent and constantly changing environment
  • The five core components of rolling forecasts with simple explanations and exercise to reinforce the learning points
  • The use of key business drivers and cash to influence and impact the future
  • The role and use of technology in rolling forecasts
  • How to use What If analogies to validate rolling forecasts
  • How to focus on future possibilities rather than past events to manage resources
  • How to move from data based budgeting to driver passed forecasting as the foundation for resource allocation and utilization
  • A Six Step simple solution to developing and understanding Rolling Forecasts using  excel based examples
  • A process to merge Rolling Forecast planning into  operational budget framework using  excel based examples


  • Using key business drivers and  to influence and impact  future projections
  • 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 key business driver
  • The core components of rolling forecasts
  • The use of excel based platforms to understand Rolling Forecasts
  • Simple techniques to make it happen.  From dashboards to driver based forecasts
  • Simple samples and exercises to reinforce teaching points
  • Using What If analogies to validate forecasts
  • Benefits of rolling forecasts
  • Pitfalls to prevent


  • 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


 

Carl Young is the owner of Carl Young Consulting, where he works as a turn-around consultant and business coach. Mr. Young is the former Chief Accountant and CFO of a $275M high growth technology company. Mr. Young has published numerous books on finance and accounting, including Finance and Accounting Made Simple and Rules and Tools for Thriving in Chaotic Times. Mr. Young earned his MBA in Accounting & Taxation. 
 

View all trainings by this speaker
  
Read Our Refund Policy

Approved Enablers of your
Continuing Education Credits


  

By Peter Goldmann
Date: 2018-11-06

By Paul J. Sanchez
Date: 2018-11-01

By Scott Transue
Date: 2018-10-26

By Patrick Haggerty
Date: 2018-10-24

By Kenneth Barden
Date: 2018-10-24

By Dr. Robert E. Davis
Date: 2018-10-22

By Dev Strischek
Date: 2018-10-17

By Jane Hennessy
Date: 2018-10-17

By Thomas Nollner
Recorded Session

By Gina J. Lowdermilk
Recorded Session

By Donna K Olheiser
Recorded Session

By Candace Curry Leuck
Recorded Session

By Thomas Nollner
Recorded Session

By Jonnie Keith
Recorded Session

By David Sanders PhD.
Recorded Session

By Lynn Fountain
Recorded Session

By Peter Goldmann
Recorded Session

By Jim George
Recorded Session

By Ronald Sereika
Recorded Session

By Paul J. Sanchez
Recorded Session

By Tom Fragale
Recorded Session

By Thomas Nollner
Recorded Session

By Paul J. Sanchez
Recorded Session

By Ronald Sereika
Recorded Session