Forecasting for Strategic Impact: A Two-Part Series
Availability
Registration Required
Online Meeting
Oct 30, 2025 1:00 PM - 2:00 PM ET
Nov 06, 2025 1:00 PM - 2:00 PM ET
Credit Offered
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  • About
  • Meet the Speaker

Session One: Designing a Strategic Forecasting Universe: A Data-Informed Path to Actionable Insight

In today’s increasingly complex and uncertain landscape, forecasting is no longer just about projecting numbers. It’s about building a holistic strategy that integrates data, context, and institutional priorities. This session will explore why forecasting matters in advancement: how it empowers leaders to make proactive, data-informed decisions, and serve as a strategic asset that strengthens institutional alignment and supports long-term success.

 

We’ll also dive into what makes an effective forecasting framework. By integrating historical performance, predictive analytics, and qualitative insights, forecasting moves beyond simple projections. It becomes a tool for strategic conversations, scenario planning, and sustained institutional planning.

 

Attendees will learn how to move beyond static forecasts and adopt a dynamic, iterative approach, one that reflects real-world complexity, evolves with institutional goals, and supports decision-making at every level.

 

In this session, we’ll explore how to:

  • Understand the strategic value of forecasting in advancement
  • Align forecasting goals with broader institutional strategy
  • Design a structured yet flexible forecasting framework
  • Leverage historical and real-time data for informed planning
  • Incorporate uncertainty, scenario planning, and external factors
  • Translate data into clear, actionable insights for stakeholders
  • Use data infrastructure and storytelling to build confidence and engagement

 

Whether you're refining an existing process or building a new forecasting model from the ground up, this session will equip you with tools and a strategic lens to elevate your advancement forecasting efforts.

 
Session Two: The Art and Science of Forecasting: Connecting Strategy, Data, and Action

This session will bring the forecasting framework to life by focusing on practical tools, implementation strategies, and real-world examples. Shifting from the "why" and "what" to the "how," we’ll explore the dashboards, technologies, and collaborative approaches that make forecasting actionable. Through applied case studies, you’ll learn how to build dynamic, iterative forecasting models that are grounded in context, responsive to change, and designed to drive alignment and action across teams.

Attendees will gain hands-on insights into:

  • Selecting the right tools and platforms to support your forecasting model
  • Structuring and preparing data for scalability and flexibility
  • Visualizing forecasts through dynamic dashboards tailored to stakeholder needs
  • Engaging stakeholders with compelling data storytelling
  • Managing feedback loops and iteration in real time
  • Troubleshoot common implementation pitfalls and how to address them effectively

 

This session is designed for professionals ready to translate forecasting strategy into daily practice. Whether you’re looking to operationalize your framework, improve stakeholder engagement, or enhance your use of data, Part Two will provide actionable takeaways and examples to help you turn insights into institutional impact.

 

Palak Vora
Senior Associate Director, Financial Analysis, University of Chicago

Palak Vora serves as the Senior Associate Director of Financial Analytics at the University of Chicago's Alumni and Donor Relations. In this pivotal role, she specializes in leveraging strategic forecasting and data-driven predictions to support senior leadership in making informed decisions.

With a career spanning various industries from corporate to technology, Palak has cultivated deep expertise in data analytics and artificial intelligence. Her professional journey has been marked by a consistent focus on the convergence of finance and AI, aiming to develop innovative solutions that enhance strategic decision-making and drive future success.

Palak holds a Bachelor’s degree in Accounting and Finance from Mumbai University, as well as an MBA and an MS in Business Analytics from the University of Illinois at Chicago. Her academic background complements her career, underscoring her commitment to blending financial acumen with advanced analytical techniques.

Outside of her professional pursuits, Palak enjoys traveling, reading, and spending time with her cats.

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