Jyoti Banerjee, a well respected technology specialist, wrote an interesting piece on the processes that managers use and how they are split between “thinking processes” and “doing processes”. This is very relevant when looking at planning since future forecasting requires more of the thinking piece. You can’t rely on what happened in the past to predict the future…as the good old stock brokers disclaimer always reminds us.
“processes are about analysis and benchmarking. While learned processes are about business “as is,” perceptive processes are about business as-it-will-be.”
The full article is here
Filed under: Planning Process | Tagged: forecasting, planning
