Participants are expected to bring a laptop computer with Windows® 95 and Excel® 95 or 97 installed. It is recommended that the laptop utilize a Pentium® 120+ processor with at least 16 MB of memory. If necessary, we will assist participants in renting laptops from local suppliers.
Participants are strongly urged to bring nonproprietary data for use in workshop exercises. These exercises are designed so that their results can be used in the development of in-house quantitative forecasts.
Organizations are encouraged to enroll a small group of people for the workshop so that they can work together to develop useful forecasts. We offer special discounts for multiple registrants.
Windows and Excel are registered trademarks of Microsoft Corporation. Pentium is a registered trademark of Intel Corporation.
Managers and professional staff members in technology and/or market functions who:
Are responsible for developing objective, quantitative technology/market forecasts
Are charged with integrating these forecasts into technology and business plans
Must be able to intelligently discuss the implications of these forecasts and plans to other groups in their organization, such as R&D, manufacturing, marketing, finance, and human resources
An Overview of Quantitative Technology/Market Forecasting (QT/MF) Principles and Techniques
An overview of technology/market forecasting principles and techniques
The power of quantitative forecasts
Goals of QT/MF workshop
Determining what to forecast
Mathematical Models and Linear Transforms
Extrapolation of unlimited trends
Using linear regression to improve curve fitting
Effective Use of Computers in Forecasting
The special role of computers in QT/MF (disorganizing your computer for effective forecasting)
Overview of several useful Excel features
Loading of tf.Innovate
Practical Application of Mathematical Modeling Techniques
A structured exercise using trend extrapolation and linear regression techniques
The Use of Limited Growth Models in Technology/ Market Forecasting
Using exponential with limits, Pearl-Reed, and Gompertz curves to project trends with defined limits
Strengths and weaknesses of each trend extrapolation technique
Lead-Lag Relationships and Envelope Curves
The use of quantitative lead-lag relationships in technology/market forecasting
Precursor patterns: What to look for
Formulating and employing envelope curves
Structured Exercise in the Application of Limited Growth Models
Practice in the "real world" application of trend extrapolation techniques
Basic Substitution Models
Projecting technology takeover using logistic curve analysis
Projecting market takeover in a consumer market
Multiple Substitution
How to project technology takeover when multiple, simultaneous substitutions are taking place
Factors that can impact the rate of market takeover
Practical Application of Substitution Analysis
How the results of substitution analysis can be used in business planning and management.
The Application of Quantitative Forecasts in Real Business Situations
How the results of a quantitative forecast can be used in making business decisions such as economic life assessment, asset evaluation, and purchase volumes
Examples of "real world" use of quantitative forecasts from past projects
Final Thoughts on Quantitative Technology/Market Forecasting
How to evaluate your own and other people's forecasts
Reality checks for quantitative forecasts
This schedule may be tailored to your individual needs.
These are some of the comments of managers and professionals who have attended Technology Futures, Inc. public and in-house workshops:
"This course is excellent in showing the complexities of the industry in simple terms. It is critical that more people are exposed to such analyses in order to better understand the increasingly competative telecom industry. I especially appreciated the speakers' ability to make comparisons in technology development in other industries."
Dora Mozes Senior Advisor, Business Analysis Industry Canada
"Valuable workshop! High potential value! Directly applicable to analyses for understanding the relationship between technology and potential opportunities for our company."
Mike Ubaldini Information Associate-Emerging Technology Eastman Chemical Co.
"The seminar packs a lot of data into a straightforward presentation."
Bob Brown Member, Technical Staff U S WEST Advanced Technologies
"The information received has allowed me to look at new directions our area may go in the future. New services and products will be coming at such a pace that the challenge will be to come up with a short/long-term forecast that will allow us to make correct decisions in the way our company wants to evolve."
John Gyrylux Network Forecast Analyst TELUS Communications
"Very good! Covered the essential technology forecasting techniques and approaches in a logical sequence. Provided me with a strong technical validation that I could present to management."
Bernadette Zapiec Business Research Manager Rohm & Haas
"Depth and breadth of presenters' experience is evident and significantly enhances the value of the seminar. Both process and content work well."