382 Navigating Strategic Decisions: The Power of Sound Analysis and Forecasting
politically incorrect if failure factors are revealed. Lastly, wrong SDF governance structures and
weak links with other planning functions lead to forecasts succumbing to broader organizational
pressures, biases, and interests. Thus, improper forecaster, key stakeholder, and user alignment and
weak relationships lead to poor strategic forecasts.
C. Forecast ownership. Strategic forecasting and decision-making processes must be sound and
complete in order for long-term forecasts to be consistently reliable and lead to achieving expected
results. And, value creation by strategic projects is only possible when internal SDF team confusion
about forecast ownership and ...