Rolling Forecast – The Maersk Group Case Study
Submitted by Editor on Thu, 2017-11-09 05:55By Neil Ainger, published first at GTNews
Is it realistic to completely abandon the budget? How can Rolling Forecast help with going "Beyond Budgeting"?
At one of the London FP&A Board meetings, a case study from Maersk Group was presented about how the shipping, transport and oil firm has benefitted.from Rolling Forecast and going Beyond Budgeting.
“We’ve abolished the annual budget completely and only use rolling forecasting (RF) now,” said Matthijs Schot, head of performance & analysis at AP Moller Maersk, as he shared his company’s implementation four years ago of an RF process and the lessons they’ve learnt.