tag:blogger.com,1999:blog-4509736829271344872.post8421465462432125996..comments2024-03-02T03:24:43.931-05:00Comments on Advanced Analytic Techniques: Using Trend Analysis For Strategic PlanningKristan J. Wheatonhttp://www.blogger.com/profile/02566135545863154089noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-4509736829271344872.post-46147772876056262992012-05-11T22:27:36.502-04:002012-05-11T22:27:36.502-04:00They did not go into much detail about their indic...They did not go into much detail about their indicators, and I think that it's very possible Sam is right. They mentioned vague plans of continuing to analyze trends every three months, but they did not go into detail about their methods and processes. <br /><br />I don't know how much of their predictions turned out to be true, but hopefully the college will put out an updated strategic plan that sheds light on their forecasting successes and/or failures. Whether or not this specific college got it right, I think that it's a great idea for educational institutions to do this type of analysis.jmarshhttps://www.blogger.com/profile/02626636380392609306noreply@blogger.comtag:blogger.com,1999:blog-4509736829271344872.post-30083555143467231962012-04-04T22:39:16.420-04:002012-04-04T22:39:16.420-04:00I think a major key in this and most of the studie...I think a major key in this and most of the studies are the 'indicators.' so much of your analysis is predicated on which factors that are deemed sufficiently important. Did the study go into any detail about the process of choosing indicators? My article did not discuss this, I wasn't sure if this is a common theme or not.Shawn Rhttps://www.blogger.com/profile/00192960517015821626noreply@blogger.comtag:blogger.com,1999:blog-4509736829271344872.post-32723276189666815932012-04-04T12:37:08.991-04:002012-04-04T12:37:08.991-04:00What does Grossmont College consider the most impo...What does Grossmont College consider the most important trends for them in California? Is there any counterargument for why these trends might change over the years or are the trends given as continuing "in perpetuity?" If this is the case, there is considerable risk to making very inaccurate estimates by merely stating current facts and then projecting them into the future. An example is an trend analysis I studied several years ago. Based on a two year trend, the study predicted that a particular company would fail by 2010. The company is currently rather profitable and increased its workforce by 200 workers from 2008 to 2011.Anonymousnoreply@blogger.com