Managing Functional Biases in Organizational Forecasts

Rogelio Oliva and Noel Watson

Foresight: The International Journal of Applied Forecasting, 2006, issue 5, 27-31

Abstract: Oliva and Watson describe how organizational biases arise from the different incentives, agendas, and blind spots of the various functional areas of a business and how they compromise forecast accuracy and disrupt the supply chain process. They present a case study-the Leitax Corporation-of how one organization successfully used consensus forecasting to manage against functional blind spots and incentive misalignments. Copyright International Institute of Forecasters, 2006

Date: 2006
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Persistent link: https://EconPapers.repec.org/RePEc:for:ijafaa:y:2006:i:5:p:27-31

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