Course ID: BACKCAST

Better Forecasting Using Backcasting

Your strategic plan is for 5 years. Your forecast is for 1 year. But there’s no link between the two. Shouldn’t the next year of your operations really be tied to and support your 5 year plan? Learn how you can use “backcasting” to bridge the gap. Backcasting, a technique successfully used by Nike, was originally developed to address sustainability but can be used by any organization that wants to link its long-term strategy with its short-term forecast.


Learning Objectives

Learn about and practice the process to first look to the future and the desired end-state, then assess the current situation, perform gap analysis, and finally develop short, mid, and long-range goals to take your organization from where you are to where you want to be.


Major Topics
  • Perform visioning
  • Conduct baseline mapping
  • Identify desired short, mid, and long-range goals
  • Develop creative solutions
  • Prioritize
  • Prepare implementation and measurement plan

Who Should Attend

Anyone who would like to merge their short-term forecasting with their strategic planning


Fields of Study
Business Management & Organization

Prerequisites

None


Provider
Business Learning Institute

CPE Credits
8.0

Level
Basic

This course is available for your group as:

 

Let's Roll!

To learn more or customize this course for your group, complete this form and a BLI team member will get back with you shortly.


Or, contact BLI: 888-481-3500 or team@blionline.org
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