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COMMUNICATION-INFLUENCE1 MIN READ

Budget Forecasting Essentials

Use the GROW model to structure your coaching conversations effectively.

Budget Forecasting Essentials SCENARIO · COACHING FOR BUDGET IMPROVEMENT Jasmine needs to improve her department's budget forecasting accuracy for next quarter. The situation 0:00 The exchange 0:03 The takeaway 0:34 Mark Jasmine, what specific goal do you have for this quarter's budget forecasting? 0:08 Jasmine I want to reduce our forecasting errors by 10%. 0:12 What’s the current accuracy rate for your forecasts? 0:15 Right now, we’re at 70%, so we have a long way to go.

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