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Overcoming Barriers to Improving Forecast Capabilities

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  • Henry Canitz

Abstract

Despite enormous progress in forecasting methods, processes, and systems over the last few decades, it appears these benefits have yet to be reaped by many organizations, rooted as they are in ÒbasicÓ forecasting approaches. We still see excessive reliance on spreadsheets, immature planning infrastructure, and ignorance of research findings that could be of real value. In this article, his first for Foresight, Hank Canitz draws on his experience as a practitioner and consultant to explore the impediments that restrain organizations from gaining the advantages of modern forecasting know-how. Copyright International Institute of Forecasters, 2016

Suggested Citation

  • Henry Canitz, 2016. "Overcoming Barriers to Improving Forecast Capabilities," Foresight: The International Journal of Applied Forecasting, International Institute of Forecasters, issue 41, pages 26-34, Spring.
    • Handle: RePEc:for:ijafaa:y:2016:i:41:p:26-34
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