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Forecast Accuracy, Peeling The Onion

Partners in Excellence

We are barely a week into the New Year, but yesterday I found myself in a conversation with an executive team about the forecast. They were looking at the January forecast and starting to think about the quarterly forecast. Sales executives are obsessed with forecasting and forecast accuracy.

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Forecast Accuracy—Again

Partners in Excellence

I’ve come to learn about a seasonality effect on queries I get on Forecast Accuracy. The confluence of these factors create a number of queries around “How do I improve forecast accuracy! ” Some execs struggle to be patient as I start probing, “What do you mean by forecast accuracy?”

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Forecasting Games

Partners in Excellence

It’s about the forecast–the monthly, quarterly, annual forecast. Then midway through the quarter, we have a forecast update. But we made our forecast–or did we? A great forecast can’t be just about hitting a certain dollar commitment! We’re pressured to commit. ” moment.