Budgeting & Forecasting › Rolling Forecasts
How do rolling forecasts fit with 'beyond budgeting'?
AdvancedAnswer
Beyond Budgeting replaces fixed annual budgets with adaptive processes, and rolling forecasts are a central tool—providing continuous, forward-looking guidance without a fixed annual target. Combined with relative performance targets and decentralized decision-making, rolling forecasts let organizations plan continuously and respond to change rather than being anchored to an outdated annual plan.
Real-world example A Beyond Budgeting company steers by rolling forecasts and relative KPIs instead of a locked annual budget.