Session 4- Demand Uncertainty, Data Analytics and Risk Management

THE RISK INSTITUTE EXECUTIVE EDUCATION SERIES: BALANCING RISK TO CREATE VALUE
DEMAND UNCERTAINTY, DATA ANALYTICS
AND RISK MANAGEMENT
THE CONVERSATION ABOUT RISK STARTS HERE
ABOUT THE RISK INSTITUTE
Demand uncertainty has implications for many firm strategies
including inventory management, production management,
pricing strategies, sales goals, resource allocation, financial
planning and customer satisfaction. Thus, understanding how
to approach demand forecasting from an enterprise-wide
perspective is crucial in a competitive and continually
changing business environment.
The Risk Institute brings together
leading academics and a collection
of forward-thinking companies
that understand that effective
risk management strategies
position them to create value
in a competitive and dynamic
marketplace. The Risk Institute
Executive Education Series
arms practitioners with fresh
perspectives and approaches to:
In this session, Professor Greg Sabin from The Ohio State
University Fisher College of Business will collaborate with
Arturo Fausto from Ducker Worldwide to discuss the keys to
developing a systematic and analytical approach to demand
forecasting.
Overall, the session will emphasize the importance of balancing
the benefits of applying economic theory and data analytics in
demand forecasting with the associated risks to create value.
Executives will learn how to:
• Develop and assess various demand forecasting models.
• Incorporate qualitative anlaysis and leverage macroeconomic
data to improve forecasts.
• Understand the impact of potential behavioral biases.
• Apply a systematic framework to develop a demand forecasting
strategy that is an enterprise-wide responsibility.
ENGAGEMENT WITH OTHER SENIOR EXECUTIVES
Executives will participate in a group exercise to gain new
insight into the value of having an enterprise-wide demand
forecasting strategy. Lunch will also provide participants with
the opportunity to network.
• Identify, measure and manage
risks critical to an organization’s
success
• Apply leading academic research
to business strategies for more
competitive and sustainable
advantages
• Communicate effective risk
management strategies to create
an integrated and enterprise-wide
approach
• Create an organizational culture
that manages risk proactively by
allowing ideas, innovation and
initiatives to flourish
To register please contact:
Denita Strietelmeier
Program Manager
The Risk Institute
strietelmeier.1@osu.edu
(614) 688-8289
BIOGRAPHIES OF SESSION LEADERS
Greg Sabin, Visiting Lecturer, The Ohio State University
Fisher College of Business
Greg Sabin is a visiting lecturer in the finance department
specializing in corporate finance. He has more than a decade
of professional experience, holding leadership positions
at companies such as Kohlberg Kravis Roberts, Honeywell
International, INERGY and Ford Motor Company. Sabin
pursued his PhD course work in business administration at
Michigan State, where he earned an MBA in finance and a BA
in interdisciplinary studies. He is the winner of numerous
teaching awards, including the 2010 Senior Class Council’s
Outstanding Faculty Award. Sabin also received Michigan
State’s Finance Department Teaching Excellence Award in
2010 and 2013.
Arturo Fausto, Business Analytics Manager, Ducker
Worldwide
Throughout his time at Ducker Worldwide, Mr. Fausto has
enhanced the company’s international and analytic capabilities.
He has been instrumental in developing innovative solutions
and strategies for clients through the use of advanced statistical
analyses. Mr. Fausto has international market experience, as
well as extensive project experience across different industries
including automotive, building materials, construction,
healthcare, heavy equipment and consumer products. With
a strong foundation in quantitative market research, he
is proficient with advanced analytics techniques such as
regression modelling, cluster analysis, factor analysis, conjoint
analysis and multidimensional scaling. He holds a Bachelor
of Arts in Marketing and a Master of Science in Marketing
Research, both from Michigan State University.
Bernadette A. Minton, Professor of Finance, Arthur E.
Shepard Endowed Professor in Insurance and Academic
Director of the Risk Institute at The Ohio State University
Fisher College of Business
Dr. Minton’s research interests range from risk management
to corporate governance. Her research is published
in leading financial economics journals as well as the
financial press, and her work on firms’ risk management
practices is cited in leading academic journals and the
financial press. As Academic Director of the Risk Institute,
Dr. Minton coordinates the Risk Institute’s activities
and leads the Institute’s Academic Research Committee,
educational programing and curriculum development. She
currently teaches risk management to Fisher graduate and
undergraduate students and works closely with future finance
thought leaders in her role as co-coordinator of PhD program
in finance. Bernadette received a BA from Mount Holyoke
College, and a MA and PhD from the University of Chicago.
PROGRAM AT A GLANCE
WHAT:
Demand Uncertainty, Data Analytics
and Risk Management
WHEN:
Thursday, April 30, 2015
10 a.m. – 2 p.m.
WHERE:
The Ohio State University
The Blackwell Inn and
Conference Center
2110 Tuttle Park Place
Columbus, OH 43210
WHO:
Senior executives and business unit
leaders charged with driving growth
and creating value while managing
risk
COST:
$495
LEARN MORE ABOUT
FUTURE EDUCATION
SEMINARS AT
FISHER.OSU.EDU/RISK
FOR MORE INFORMATION,
PLEASE CONTACT:
The Risk Institute
The Ohio State University
Fisher College of Business
riskinstitute@fisher.osu.edu
fisher.osu.edu/risk