The current technology driven turbulent business environment presents many challenges to business managers. One primary challenge is the ability to predict and plan for the future which is unexpectedly unpredictable. Changes are constant. Companies struggle to find ways to manage resources and find ways to thrive and survive in this turbulent business environment.Traditional budgeting has been overtaken by these constantly changing events as is currently outdated and irrelevant for the following reasons:Too time consumingBased on assumptions that may not be validFocuses on past events, not future possibilitiesCreates a “use it” or “lose it” mentalityRestricts creative thinking in resource managementRolling forecasts are the wave of the future. They are rapidly replacing traditional budgeting. This webinar outlines the critical differences and advantages of rolling forecasts over traditional budgeting. It challenges finance personnel to think outside the box and embrace the advantage of rolling forecasts.Learning objectivesWhy rolling forecasts are critical in today’s turbulent and constantly changing environment?The five core components of rolling forecasts with simple explanations and exercises to reinforce the learning pointsThe use of key business drivers and cash to influence and impact the futureThe role and use of technology in rolling forecastsHow to use “What If” analogies to validate rolling forecasts?How to focus on future possibilities rather than past events to manage resources?How to move from data-based budgeting to driver passed forecasting as the foundation for resource allocation and utilization?Areas CoveredUsing key business drivers and cast to influence and impact the futureWhy rolling forecasts are critical in today’s turbulent environment?Definition of key business drivers as the basis for rolling forecastsThe relevance of cash as key business driver The core components of rolling forecastsThe use of technologySimple techniques to make it happen. From dashboards to driver-based forecastsSimple samples and exercises to reinforce teaching pointsUsing “What If” analogies to validate forecastsBenefits of rolling forecastsPitfalls to preventSelling the culture changes to make rolling forecasts acceptableCourse Level - Intermediate and AdvancedWho Should AttendBusiness Managers/Owners EntrepreneursFinancial/Business AnalystsCAO and CFOWhy Should You AttendRolling Forecasts meaning and conceptSix-step Excel platform to convert to Rolling ForecastsTwo-step Excel platform to migrate forecasts to the budget system