Thursday, June 09, 2005

Fryer's Blog in the Mountains

Another great link via Diva... She is right, so many great blogs. There are some fantastic blogs out there with information enough to blow away most traditional educational institutions
Fryer's Blog in the Mountains: "Forecasting Follies

Many times we need to bring a product into a new market and we try to guess the acceptance rate. It never seems to work out quite right. The trick here is to develop assumptions and monitor those assumptions closely. Be willing to discard those assumptions if they don't play out and exploit the ones that do. As you start to get a track record, the forecasts become a lot more accurate."

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