1. Abandoning processes that do not work
2. The QRF model should be built by in-house resources
3. Separation of targets from realistic forecasts
4. A quarterly process using the wisdom of the crowd
5. Forecast beyond year-end (e.g., six quarters ahead)
6. The monthly targets are set, a quarter ahead, from the QRF
7. A quarter-by-quarter funding mechanism
8. The annual plan becomes a byproduct of the QRF
9. Forecasting at category level rather than account code level
10. The QRF should be based around the key drivers
11. A fast light touch (completed in an elapsed week)
12. Built in a planning tool—not in a spreadsheet
13. Design the planning tool with four and five week months
14. Invest in a comprehensive blueprint

These 14 foundation stones are discussed in great length in my Toolkit How to Implement Quarterly Rolling Forecasting and Quarterly Rolling Planning – and get it right first time // Toolkit (Whitepaper + e-templates)

You can have a look inside the toolkit