Ben Locwin is a Ph.D., MDA, and MS who’s held many executive roles for Top 10 companies including biotech, big pharma, and hospitals and clinics. In part 2 of this five-part series, Ben and Tom discuss forecasting’s role in helping to plan for contingencies.
- “Planning is everything, the plan is nothing.” – Dwight Eisenhower. Forecasting can never really be 100% accurate, otherwise it’s called “predicting”, but looking to the future for what could happen has resulted in the greatest plans and outcomes in any human endeavors. Discuss PERT-style review and “most-optimistic” and “most-pessimistic” alternatives, along with contingency planning.
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