Overcoming Barriers to Improving Forecast Capabilities

Henry Canitz

Foresight: The International Journal of Applied Forecasting, 2016, issue 41, 26-34

Abstract: Despite enormous progress in forecasting methods, processes, and systems over the last few decades, it appears these benefits have yet to be reaped by many organizations, rooted as they are in ÒbasicÓ forecasting approaches. We still see excessive reliance on spreadsheets, immature planning infrastructure, and ignorance of research findings that could be of real value. In this article, his first for Foresight, Hank Canitz draws on his experience as a practitioner and consultant to explore the impediments that restrain organizations from gaining the advantages of modern forecasting know-how. Copyright International Institute of Forecasters, 2016

Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:for:ijafaa:y:2016:i:41:p:26-34

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