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 Traditional budgeting has been overtaken by these constantly changing events and is currently outdated and irrelevant for the following reasons: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


5 Proven Ways To Engage & Retain Your Team Even During The …


From Awareness to Action: Going Beyond the Law in Preventin…

FDA Compliance and Clinical Trial Computer System Validation

Customer Relationship Management: Strategic Methods to Mana…


Navigating New Paths: Unveiling Your Unique Abilities for a…

Strategic Interviewing & Selection: Getting the Right Talen…

Form 1099 Update 2023: Latest Forms, Rules and Reporting Re…


Amazing (!) AI Tools For Building Your Business



Implementing a Robust Change Control Program - Key Elements…

Project Management for Non-Project Managers - How to Effect…

Excel - Unleashing the Full Potential of New Functions (Exc…

Onboarding is NOT Orientation - How to Improve the New Empl…

How to Conduct Annual Product Reviews to Achieve GMP Compli…



Time Management/Four Functions of Management

Responding to EEOC Discrimination Charges-What's Your Busin…

Harassment, Bullying, Gossip, Confrontational and Disruptiv…

What Business Leaders Need to Know About Cybersecurity Prep…

Motivation - Motivating Yourself & Others

Excel - Power Pivot and The Data Model - Building Advanced …

Understanding Social Security and Optimizing Retirement Inc…

Stop Letting that Difficult Person Ruin your Day - Effectiv…

2023 ADA Accommodation Compliance Requirements


Human Connection Leadership in 3D: Dare. Dream. Deliver.

Winning Conversations: How to Communicate Successfully and …

Performance of Root Cause Analysis, CAPA, and Effectiveness…

Fight Inflation by Optimizing Working Capital with Advanced…

Employee Handbook Requirements for 2023. Includes Updated F…

Using Better Managerial Decision Making - to get great resu…

Empowered Leadership: H.O.P.E. The Spark of Transformation

How to Put Your Best Foot Forward Virtually