How would you go about arriving at a reasonable forecast


Assignment: Measurement Strategies

Deming (1987) states that one of the seven deadly diseases that can afflict companies in transformation is using only visible figures as an input to management. With this idea in mind, respond to the following:

· How do you think this concept could affect your selection of data and measurement strategies?

· When historical data are not available and the product or service is new, how would you go about arriving at a reasonable forecast?

· Explain this as it relates to your client company.

Reference

Deming, W. E. (1987). Transformation of today's management by W. Edwards Deming. Leadership Excellence, 4(12), 8.

Resources

· Discussion Participation Scoring Guide.

· Transformation of Today's Management.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Strategic Management: How would you go about arriving at a reasonable forecast
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