"As little as one hour of training improved forecasting accuracy
by about 14% over the course of a year."
That, at least, is the conclusion Philip Tetlock and Barbara Mellers derived from the Good Judgment Project, which ran for five years (from 2011 to 2015) and recruited 25,000 forecasters to compete with four other academic research teams working on prediction issues.
In other words, even a small investment in education and training, starting with the basics, can pay off. Tetlock and his colleagues have distilled their learnings about what makes a "superforecaster," and they have written extensively about applying those ideas in a business forecasting context (for example, "Superforecasting: How to Upgrade Your Company's Judgment" and "Superforecasting: The Art and Science of Prediction").
alphachain has taken these results as an opportunity to design an exclusive series of webinars, available nowhere else on the German market, which is designed to do just that.
Starting with basic statistical forecasting methods up to state-of-the-art machine learning techniques, we explain step by step with a variety of practical examples and using state-of-the-art tools and methods (based on Excel and SAP's IBP platform) which forecasting methods offer the best cost-benefit ratio in which situation and how you can use them to significantly improve the forecasting quality in your company.
We examine some groundbreaking work in this area, presenting nine basic principles that we believe have proven their worth.
Inspired by these principles and with a deep appreciation for the importance of tying theory to practice, we have put together the following forecasting course as a series of seven webinars in total, each of which can be taken separately or together in two blocks:
As we highlighted at the outset, even a few hours of training - of course, founded on sound theory - can significantly enhance one's forecasting performance within the organization (be it designing a forecasting process or using one).
Depending on the experience and interest level of the participants, webinars 1 to 4 and 5 to 7 can be booked as two separate packages independently or all webinars together for a discounted price. Details can be found on our registration form "Forecasting Course Registration" .
To get an impression of the content and approach in the webinars, we strongly recommend our free introductory webinar, for which you can also register via our website.
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