A variety of organizations have formed to address limitations of current income statements derived from the budget which has widely acknowledged limitations. Examples include:
Marketing Sciences Institute: “MSI bridges leaders in industry and academia to create a unique community that advances the scientific practice of marketing.” They have 40 members from industry and OIS supports to four of MSI’s seven 2022-2024 research initiatives.
Demand Driven Institute: “THE global authority on demand driven education, training, certification and compliance.” Their affiliates are consulting practices with 20-50 customers they have helped install the DDI software.
Advanced Sales and Operations Planning (AS&OP):” AS&OP is the integrated business process that provides management the ability to strategically define, direct and manage relevant information in the strategic relevant range and across the enterprise.”
Profit Analytics of Excellence (PACE): “The Profitability Analytics Center of Excellence (PACE) is a non-profit community of professionals dedicated to helping organizations make better, more informed decisions through the use of data analytics employing integrated, causal models.
PACE is composed of researchers, practitioners, and consultants who are building analytical models to effectively track cost and revenue drivers and performance measures.”
The causal models are cost predictive and profit is an effect of subtracting causal costs from revenue. So OIS should be very appealing to PACE’s 6000+ members. Further, Gary Cokins is a PACE Director and I’ve co-authored three articles with him previously. So, I’m optimistic he and I can co-author an article for PACE’s membership.
Finally, see these case studies for various industries for whom predictive causal cost models have solved their problems.
Beyond Budgeting Institute: “Beyond Budgeting is a progressive set of leadership principles and management processes proven to free organisations of “command and control” cultures and improve performance.”
Institute of Business Forecasting: “IBF started in 1981 with the Journal of Business Forecasting aiming to advance the growth of business forecasting and planning.”
Advanced Analytics Support for BBI’s Principles and Processes.
Consortium of Advanced Manufactures-International
AM-I (Consortium for Advanced Management-International) is a Non-Profit 501c3 collaborative international consortium of manufacturing companies, service companies, government organizations, state, consultancies, academic and professional bodies who have elected to work cooperatively in a pre-competitive environment to solve management problems and critical business issues that are common to the group.
National Electrical Manufactures Association
Other specific SIC code associations