We discuss these five key statements that you may already be familiar with, and if they are in effect, fact or fiction:
- "Forecasts are a waste of time because no one uses them."
- "Forecasting is a finance - not a business imperative."
- "I don’t have the knowledge to predict the future."
- "Rolling forecasts will replace the budgeting process."
- "Advanced budgeting and forecasting software is not the answer."