To succeed in Scenario Planning, an organisation should assess its ability to deliver results in three key areas: data quality, technology and people.

Both Scenario Planning and Rolling Forecasts are essential in becoming more agile and resilient. However, there are many myths and misconceptions about these processes. Join the FP&A Circle to learn more about this.

Scenario Analysis is a tool to assist in making decisions under uncertainty. It provides a structured way to identify a range of potential outcomes, likely estimate impact and then identify and evaluate possible responsive actions. The author considers its benefits in the article.

In this short video, Marat Lomakov, Finance Director, Europe Supply Chain at Ecolab, shares his insights on effective strategies such as the adoption of xP&A and Scenario Planning to help you learn how to address an enormous number of disruptions in a changing business world.

FP&A team should guide business leaders towards making informed decisions that ensure optimal performance during these difficult times. In doing so, we must harness the power of scenario-based planning. Below are the critical factors and steps in this process.

Watch this video to hear Richard’s key steps and tips to help you develop scenarios and take you through to successful implementation and review.