Rolling Forecasting
Don’t be rigid!
A Plan is done based on assumptions and variables.
The purpose of doing a Plan is to get a glimpse of how the end numbers would look like if those certain assumptions would turn out.
A Plan gives the business owner a feel of the overall ball park numbers only. So, when certain variables do change later, he would just need to pluck those changed variables back into the excel financial model and he would know exactly how the revised end numbers would look like at a click of his finger.
Be like Water, takes the shape of the surrounding when it flows, but still generally moving the same direction. Ultimately water will still reach its end point when flowing downhill.
Do Rolling Forecasting in order to know the gaps and then how much to catch up forward in the remaining months in the same fiscal year.
Use Rolling Forecasts to communicate with your Team how to react to real life market challenges.
Only Rolling Forecasts will enable you to ask your Head of Department : “So now what happens ? What are you going to do to catch up ?”
Don’t be Rigid, be fluid.
Always react to changes, and still stay on top of everything.
If you need help, feel free to contact us at :
(O) +65 63851011
(M) +65 90880669
