Why do so many forecasting efforts fail to deliver accurate outcomes despite advanced tools and data? Today’s guest is a global revenue operations leader driving transformation at scale. Introducing Thorsten Reichenberger, Head of Forecasting and Engagement Environment at Digital Industries.
Thorsten joins host Seth Marrs to share how large, complex organizations can rethink forecasting by focusing on pipeline management, process discipline, and organizational enablement.
He breaks down why forecasting should not be treated as a standalone task, how organizations must segment and better understand different revenue streams like run rate vs true opportunity, and why data quality and consistency are critical to success. Thorsten also dives into the human side of transformation, emphasizing that changing behavior, not deploying tools, is the hardest and most important part of building a high-performing revenue organization.
Takeaways:
• Forecasting is the result of strong pipeline management. Thorsten explains that forecasting is not a standalone activity but the output of how well opportunities are managed, engaged, and progressed through the pipeline.
• Not all revenue should be treated the same. He highlights the importance of separating true opportunities from run rate or contractual revenue, allowing teams to focus effort where active selling is required.
• Data quality and consistency are critical. Organizations must focus not just on tools, but on ensuring data is accurate, consistent, and usable to generate meaningful insights.
• Change management is the hardest part of transformation. Thorsten emphasizes that while tools and processes can be implemented, changing behavior and adoption across teams takes time and sustained effort.
• Enablement must be continuous, not one-time. Training and communication must be ongoing, delivered through multiple channels, and reinforced consistently to drive adoption.
• Scaling requires structured support across the organization. He describes building layers of support, including forecast managers and internal champions, to drive consistency across a global organization.
• AI and agents will support, not replace sellers. Thorsten notes that AI will act as a “digital colleague,” enhancing insights and efficiency, but human judgment and interaction remain essential.
Quote of the Show:
- “Forecasting is not a task itself. It’s actually the pipeline management which gets important.” - Thorsten Reichenberger
Links:
- LinkedIn: https://www.linkedin.com/in/thorsten-reichenberger-b03b101/
- Website: http://www.siemens.com
Ways to Tune In:
- Innovative Revenue Leader Website: InnovativeRevenueLeader.ai
- Spotify: https://open.spotify.com/show/4Hn0sJKCzneggQj3j4XKo3?si=02c4c44769dc41bb
- Apple Podcasts: https://podcasts.apple.com/us/podcast/the-innovative-revenue-leader/id1843401468
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- Podchaser: https://www.podchaser.com/podcasts/the-innovative-revenue-leader-6233089