Rolling Forecasts, Planning and Budgeting Master Class

Johannesburg, South Africa,
10 - 12 October 2016

Rolling Forecasts, Planning and Budgeting Master Class

New Sections for October 2016 course!

  1. Balance Sheet forecasting
  2. Transforming your finance function and talent management

New Course Format: Powerful Simulation for October 2016 course!

This course will be held in a highly interactive workshop format with case studies, real world examples and Powerful Simulation.

Powerful Simulation: Participants will work in teams following the fortunes of a real business over 6 accounting periods. Each team will review budgets, analyse management accounts and prepare rolling forecasts under a series of scenarios drawn from a real life situation.

Teams will learn by comparing their forecasts against what actually happened and developing strategies and forecasts for the future.

The simulation is conducted between lecture sessions throughout the course – gives participants real life experience.

“Improve, inspire and lead your organisation to superior performance by anticipating and reacting to changes rapidly.”

Economist magazine reports that 80% of companies in the UK are unhappy with their planning and budgeting systems. Managers say that planning takes too long and costs too much. They say that traditional, once-a-year, fixed performance contract budgeting doesn’t work in today’s rapidly changing world.

In some organisations, key parts of the management system aren’t linked together: strategy, budgeting, forecasting, performance measurement, management reporting, incentive compensation and corporate governance, all take place in separate parts of the business, and are managed in functional silos.

For organizations operating in an environment of continuous change, traditional budgeting has become out of date.

Today, many senior management and line managers are turning to rolling forecasts to inspire and lead their organisations to superior performance.

Rolling forecasts offer greater visibility into future operating performance. Unlike budgets, they reflect the fact that operations don’t switch off at year-end. Making good business projections isn’t as hard as it sounds. Implemented correctly, rolling forecasting can be the single most valuable tool to identifying where changes need to be made in order to maximize profitability and minimize losses. Well-established forecasting techniques can take some of the guesswork out of operational decision making and put the focus back on optimizing profitability, rather than putting out fires.

For a copy of the FULL AGENDA, please request thru:
+65 6557 9167; hayat@neo-edge.com

Using Rolling Forecasts to Translate Strategy into Action

  • Why Change from Traditional Budgeting to a Rolling Forecast?
    Case Study: Electrolux
  • Motivating the Change to Rolling Forecasts
    Case Study: The Microsoft rolling forecast process
  • Working with Rolling Forecasts in Management Meetings
  • Designing the Rolling Forecast Process
    Case Study: Unilever and Statoil
  • Forecasting with Excel
  • Balance Sheet forecasting
  • Worked Example – Forecast Model for a gas station

Mastering the Cutting Edge Tools, Techniques and Best Practices of Strategic Planning in today’s Fast Changing World

  • Strategic Planning Essentials
    Case study: Taste Holdings
  • External Analysis
  • Internal Analysis
    Case study: The Super Group
  • Developing Strategy in your Organisation
  • Implementing Strategy Successfully in the Fast Changing World

Integrating Budgeting and Rolling Forecasts with other Management Systems – Ensure to Achieve Superior Performance

  • Budgeting: The Board Wants a Target
  • Budgeting and Forecasting: Organisation and ProcessesCase study: Empire Glass Works
  • Use the Right Techniques
  • Performance Measurement, Scorecards and Dashboards
    Case study: Acme Refrigerated Transport: Performance measurement system for a logistics business
  • World Class Reporting
  • The Impact of Rolling Forecasts on People
  • The “Beyond budgeting “movementCase study: Svenska Handelsbanken
  • Transforming the finance function and talent management

Wrap up of the 3-day Course

For a copy of the FULL AGENDA, please request thru:
+65 6557 9167; hayat@neo-edge.com

John Stretch is well recognised as a leading world class expert in the areas of business strategy, financial management, budgeting, forecasting and reporting.

Mr. Stretch has presented his workshop on Rolling Forecasts for many years inLondon UK and run programs in Dubai, Kuwait and Bahrain.

World-class Consultant and Trainer

He is a visiting lecturer and program director at the Graduate School of Business at the University of the Witwatersrand, a top Africa business school. He has also run courses for the Manchester Business School and Henley Management College in UK, and four other business schools in Africa. He previously lectured for many years on the Continuing Professional Education programme of the Institutes of Chartered Accountants in South Africa, Namibia, Zimbabwe and Malawi, and was a keynote speaker at the International Congress of Accountants in Africa in 2008. Mr Stretch has authored four books ‘How business strategy works in practice” (2005), “Make your budget work” (2007), “Managing with rolling forecasts” (2008) and “Strategy in action.”(2009). His book on rolling forecasts is used by organisations in the USA, the UK, Mexico, Holland, Dubai, Hong Kong, Indonesia and South Africa.

He has presented workshops on management planning and control systems for companies in many industries including energy, retailing, financial services and mining. Leading organisations he has worked with in the last two years include Anglo American, British Petroleum, Engen Petroleum, ESKOM, Foschini, Imperial Transport Group, First National Bank, Sanlam, Nedbank, Santam,Telkom, Nampaak, Woolworths – and public sector bodies including the South African Revenue Service, the Namibian Port Authority and the Reserve Bank of Botswana.

John Stretch is a South African Chartered Accountant (CASA) with a Master’s degree in Finance (M Com) and has a very successful career including Partner in Charge of management consulting at Arthur Young in Cape Town.

For a copy of the FULL AGENDA, please request thru:
+65 6557 9167; hayat@neo-edge.com

Job Titles

Rolling Forecasts, Planning and Budgeting Master Class is designed for all general managers, department heads and financial specialists who want to be familiar with leading edge planning, budgeting and forecasting techniques in today’s difficult business environment.

Job Titles include but not limited to:

  • Chief Executive Officers
  •  Chief Financial Officers
  •  Managing Directors
  •  General Managers
  •  Managers
  •  Financial Accountants & Controllers
  •  Management Accountants
  •  Finance Directors & Managers
  •  Business Analysts & Managers
  •  Forecasting Analysts
  •  Budgeting Directors and Managers


This training Course is relevant to ALL INDUSTRIES.

For a copy of the FULL AGENDA, please request thru:
+65 6557 9167; hayat@neo-edge.com

This high value practical workshop will:

  • Illustrate the principles of business planning and rolling forecasts with examples and case studies drawn from a variety of industries
  • Identify the process for implementing rolling forecasts in your business
  • Equip you with the best practice techniques for designing an integrated business planning and rolling forecast Process
  • Highlight how management can use rolling forecast information

For a copy of the FULL AGENDA, please request thru:
+65 6557 9167; hayat@neo-edge.com

Delegate Fee/Payment

For pricing details, please email us your detailed contact information to enquiry@neo-edge.com.


Voices of Leaders is a global business network for top executives to interact with other leaders while building company brand reputation at a local and international level.

We empower entrepreneurs, sme’s and large businesses to succeed by providing customized business profiles – OBP – to boosts their business potential, build brand reputation, and increase business networking among members.

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Email: nick@cbi-publishing.com
Website: www.africa-energy

For a potential event collaboration, please send email to: daniel.lau@neo-edge.com

The Capital Empire, Sandton, Johannesburg, South Africa
177 Empire Place (Cnr Rivonia Road)
Sandhurst, Sandton
Johannesburg 2196, South Africa
Charlene Opperman
Banqueting Manager
General: (27 11) 9115000
Fax: (27) 866859431
Email: banqueting3@thecapital.co.za

Please quote “Rolling Forecast” organised by Neoedge to enjoy Corporate Rate for your stay at the hotel.