Forecasting amid uncertainty


We are experiencing continued headwinds across the economic landscape, and while political unrest may settle down, there are challenges ahead for businesses both in the UK and internationally. With macro conditions being beyond an individual organisation’s control, businesses are questioning how they can respond with resilience and plan a new course.

To emerge successful, decisions need to be made in strategy, recruitment, pricing, supply chain, and beyond. That brings a particular problem for finance directors (FDs) and finance teams who are often tasked with spearheading the budgeting and forecasting process.

But how can you forecast amid chaos and shifting sands?

There are measures you can put in place which may impact the accuracy of the predictions inherent in your budget. Here are five areas of focus Grant Thornton recommends you begin to address that will support you in your forecasting.


Read more about this on website.