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Finding a way to the future Logo cgma

  James Hipwell |   Free |   Jan 2018 |   FM magazine

The way business operates is changing so fast that corporations are hiring “futurists” to help them with their forecasting. Because organisations are now so complex, technology developments are seen as the key to survival. The article looks at case studies and how successful they have been so far. “Futurecasting“will become a major part of the planning process.

Topics covered:
  • Management accounting: Technical: Business planning: Planning, forecasting & budgeting, Advanced

9 Comments/Reflections

Bekithemba Hwalima

Bekithemba Hwalima Jan 2019

1 An article talking about how a lot of companies are increasingly hiring corporate futurists.
2 This is driven by the high speed of change in the business environment as well as the complexity of business systems.
3 Futurists use many techniques, including a process they call "futurecasting", to help companies visualize different potential future outcomes so they can adequately prepare themselves.
Delphine Sivarajan

Delphine Sivarajan Sep 2018

very interesting article which made me think about the potential role of business Intelligence in supporting this emerging role, or bringing to companies the information they need to start forecasting trends on a much longer time frame
Kay Cutler

Kay Cutler Aug 2018

This article was thought-provoking in terms of futurism, and automation, while not going into too much detail in order to lose the reader. It causes you to think about your career, your department and the company you work for and changes in the short and long term and the impact.
Marcin Peciak

Marcin Peciak Aug 2018

Interesting article, especially in present times, with so rapidly changing technology. It makes sense to be proactive and do trials, on small scale to either build competences or build institution knowledge that can be used for other projects or opportunities. 
Peter Robertson

Peter Robertson Jul 2018