How healthy is your organisation going to be this year? Will it be growing or will it struggle to survive? The future is uncertain; that’s good for bookmakers and fortune-tellers, but not good if you are trying to plan for the future.
In my experience, all organisations regularly review their “key numbers”, normally revenue and cost, however, those numbers are in the past, there’s no ability to change what’s happened (legally). What will those numbers be for this month? At best it is intelligent guessing, i.e., forecasting.
Managing your business by your past performance is like driving a car by only looking in the rear-view mirror. You can see what’s happened, but you can only guess what is going to happen, and those guesses are based on what the road looked like previously as you can’t see what’s coming up. The only action left is to hope you guess right and fix the damage when you don’t.
But you can begin to predict the future health of your organisation; there is a way to see into the future. And you already have this capability in your organisation; let me explain…