Next week we will be attending the SCOPE conference in Miami. Primarily serving clients in clinical operations in pharma and biotech companies, the conference is concerned with improving metrics, forecasts and management of clinical trials. Building on our success with Genentech, we are looking forward to learning more about this opportunity and how Crowdcast can [...]

Crowdcast is a powerful tool, producing unbiased, timely forecasts of your most important metrics. Controlling access to these crowd forecasts is key as the metrics may well be different from the “official” forecasts. For example, in a project management setting, the crowdcast may indicate that a key milestone will slip. Planned date = Jan 15, [...]

Crowdcast is all about bringing the power of collective intelligence to bear on real business metrics.  Most of the time we’re practitioners, working with clients to apply our technology and knowledge to their challenges in project risk management and sales metrics.  Every once in a while, though, we get a great opportunity to step back [...]

A quality article from Booz and Co about forecasting.

Peter Drucker once commented that “trying to predict the future is like trying to drive down a country road at night with no lights while looking out the back window.” Though we agree with Drucker that forecasting is hard, managers are constantly asked to predict the future — be it to project future product sales, anticipate company profits, or plan for investment returns. Good forecasts hold the key to good plans. Simply complaining about the difficulty does not help.

Steve Player of Beyond Budgeting fame recently blogged about moving from forecasting to adapting. Idea being, rather than focusing solely on increasing forecast accuracy (and building ever more complex — and fragile! — models), why not get better at adapting to evolving circumstances? I really like this notion. It fits nicely with the tenets of [...]