5 Views of Risk: How Big is Your Ocean of Financial Risk

“BUSINESS IS ALL ABOUT RISK TAKING AND MANAGING UNCERTAINTIES AND TURBULENCE.” BY GAUTAM ADANI, BUSINESS TYCOON   Late this September, the movie, Deepwater Horizon will appear in theaters. The high level of interest in this release can be recognized, with over five million movie trailer view from YouTube.   What could engage so many viewers in this…

Roll On Roller Coaster – The Rolling Forecast Budgeting Process

Agility is a key feature of any successful organization. The ability to adapt to changing circumstances without compromising on efficiency or profitability can pave the way to long-term growth and sustainability. One effective way in which businesses can become more dynamic is adopting a rolling forecast. Generally, every business follows some model of projection when designing…