One-Number Forecasting: A Solution for Silo Behavior?
Simon Clarke
Foresight: The International Journal of Applied Forecasting, 2022, issue 65, 34-38
Abstract:
In this article, Simon Clarke takes a critical look at the common practice of consensus (one-number) forecasting. While its objective is laudable, he argues that its implementation raises serious issues about company requirements, functional behaviors, and organizational design. Simon recommends five actions to improve forecasting performance. Copyright International Institute of Forecasters, 2022
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:for:ijafaa:y:2022:i:65:p:34-38
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