The International Institute of Forecasters (IIF) invites you to participate in a survey about the Use of Systematic Forecasting in Organizations. The purpose of the survey is to collect information about how organizations develop and use forecasts. The entire survey should take no longer than 5 minutes to complete.

Background: Usage of Systematic Forecasting for Organizations: The UFO Project

The genesis of the UFO project lies in a series of discussions within a group of practitioners and academics about the challenges facing the forecasting field and the need to learn why many organizations do not exploit what have grown to be remarkable advances in forecasting knowledge and technology. The project was first introduced in a 2020 article published in Foresight. The overall goal is to improve the usage of forecasting in organizations while incentivizing the adoption of systematic forecasting in organizations that now employ only ad hoc methods.

For the purposes of this study, systematic forecasting is defined as the use of appropriate quantitative methods when suitable data are available, while allowing for judgmental inputs and adjustments that are supported by a documented and defensible rationale. Where little or no data are available, such as with new products, our definition encompasses structured management judgment including use of intention surveys, decision aids, Delphi procedures, and others.

Read the full article …

For more information, contact Foresight‘s Editor in Chief

Share Post!

Subscribe to Blog