Replacing management's crystal ball with a spreadsheet program
Ann P. Janosko
(Director of Financial Analysis at Moore and Munger, Inc., in Fairfield, Connecticut.)
Oscar W. Jensen
(Associate Professor of Quantitative Analysis at Fairfield University.)
36
Abstract
As soon as the words “planning” and “control” are mentioned, the word “forecasting” is sure to follow. Next come several important questions: Should forecasting be the special domain of experts, or become a management tool? Can management obtain accurate and mathematically valid projections without investing in special hardware or software? The answer is that the basic tools required to prepare sound forecasts are readily available in most companies today.
Citation
Janosko, A.P. and Jensen, O.W. (1987), "Replacing management's crystal ball with a spreadsheet program", Planning Review, Vol. 15 No. 4, pp. 21-24. https://doi.org/10.1108/eb054195
Publisher
:MCB UP Ltd
Copyright © 1987, MCB UP Limited