1 / 17

Enhancing Future Management Through Effective Financial Forecasting

In today’s dynamic business environment, forecasts provide actionable insights that outshine traditional budgets. By identifying imminent risks and opportunities, organizations can adapt their strategies proactively. This guide discusses essential factors to consider for achieving better forecasts—ranging from profit drivers to industry-specific influences. It poses crucial questions regarding sales dynamics, distribution networks, and customer types, guiding businesses to refine their approach and optimize decision-making. Utilizing financial modeling aids in creating accurate projections for informed strategic planning.

aderes
Download Presentation

Enhancing Future Management Through Effective Financial Forecasting

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Managing for the Future : Using Financial Modelling SukarnenSuwanto www.futurumcorfinan.com

  2. The forecast, in many ways, is more valuable than the budget, especially because forecasts are oriented to ACTION. What the forecast helps to do is get a sense of what the risks and opportunities are looming in front of you and what [YOU CAN] DO about them. CFO Press Ganey, a health-care performance-improvement firm

  3. Source: Key Management Ratios by Ciaran Walsh

  4. Creating pro forma financial statements, is to make financial projections for the future that can be used to make decisions.

  5. 10 Questions to a Better Forecast What drives your profits? What factors influence your business, and which ones are out of your control? What influences your sales? How is your distribution network set up? In which region or area? For what products? Which industry or industries are you selling to? What types of customers do you have? What are the risks and opportunities in the goals you have already set for your company? What the numbers telling you? What has changed, and what do you need to adjust for? Which variables in your forecast really matter? Which business segments should you exit? Source: Forecasting Comes of Age, Kathy Hoffelder

  6. Three Basic Business Decisions Source : Financial Analysis: Tools and Techniques by Erich A. Helfert

  7. Source: AswathDamodaran : Valuation Models

More Related