Integrating quantitative and qualitative forecasting approaches: organizational learning in an action research case

F Caniato, M Kalchschmidt () and S Ronchi
Additional contact information
F Caniato: Politecnico di Milano
M Kalchschmidt: Università degli Studi di Bergamo
S Ronchi: Politecnico di Milano

Journal of the Operational Research Society, 2011, vol. 62, issue 3, 413-424

Abstract: Abstract This article examines the integration of quantitative and judgmental forecasting, focusing on the implementation process and its impacts on the organization. To this end, the study is based on an action research case study in the cement industry. Empirical evidence highlights the critical change management issues that need to be dealt with to implement an integrated forecasting system. The implementation phase needs to be carried out carefully to gain acceptance within the organization and to provide the best results. In addition, the forecasting process and organization need to be aligned to allow a two-way flow of information from the periphery to the centre and vice versa to allow the integration of the two approaches. In this way, not only can forecasting accuracy be improved, but better knowledge and consensus within the organization can also be achieved.

Keywords: forecasting; action research; implementation (search for similar items in EconPapers)
Date: 2011
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
http://link.springer.com/10.1057/jors.2010.142 Abstract (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:jorsoc:v:62:y:2011:i:3:d:10.1057_jors.2010.142

Ordering information: This journal article can be ordered from
http://www.springer. ... search/journal/41274

DOI: 10.1057/jors.2010.142

Access Statistics for this article

Journal of the Operational Research Society is currently edited by Tom Archibald and Jonathan Crook

More articles in Journal of the Operational Research Society from Palgrave Macmillan, The OR Society
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().