Executive Committee Consensus

In this approach, a group of senior executives of the company from various departments meet, discuss, and arrive at consensus forecasts for products and services. This is primarily a top-down approach. Once the forecasts are agreed upon by the top management, they are communicated to the various departments for use in planning their activities. Because of the face-to-face meetings used in this approach, the forecasts may be skewed due to the 

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For long-term (>1 year) and medium-term (6 months to a year) forecasting, most firms preferred qualitative methods, in particular, executive committee consensus. 

There was a high degree of satisfaction with qualitative methods in general and executive committee consensus in particular. 

Bakris GL, Williams M, Sworkin L, et al. for the National Kidney Foundation Hypertension and Diabetes Executive Committees Working Group. Preserving renal function in adults with hypertension and diabetes a consensus approach. Am J Kidney Dis... 

Anonymous (2002) American Thoracic Society/European Respiratory Society International Multidisciplinary Consensus Classification of the Idiopathic Interstitial Pneumonias. This joint statement of the American Thoracic Society (ATS), and the European Respiratory Society (ERS) was adopted by the ATS board of directors, June 2001 and by the ERS Executive Committee, June 2001. Am J Respir Crit Care Med 165 277-304... 

Executive Session of Organizing Committee 12 15 Working lunch general discussion 1 00 Develop consensus findings 1 45 Develop consensus recommendations 2 30 Develop action items, follow-up steps, and assignments 3 30 Adjourn... 

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