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.

Learn more about how forecasts have changed after COVID and why combining financial and non-financial data is crucial from Ivo de Brouwer, Danone's Finance Director - Controlling Methodologies Worldwide. 

FP&A Trends examined the latest trends and developments in FP&A in its latest webinar, sharing invaluable findings from the 6th Annual FP&A Trends Survey and considering how FP&A departments can operate and thrive in the “brave new world” of business.

This article provides an overview of the topics and cases presented and discussed by experts and the results of interactive polls.

Inflation and recession are creating chaos for most businesses in the world right now. In this article, we will explore some of the macroeconomic theories driving the current inflationary environment. These theories will allow you to understand, model, and advise your company on its options for addressing chaos and uncertainty.

In a world of irrelevant budgets and inaccurate forecasts, scenario management has a vital role to play. Traditional planning approaches, which account for a single possible future, are no longer viable in a world dominated by uncertainty.

Instead, organizations must face the prospect of multiple futures, driven by an ever-changing business environment, beset by unpredictable events. It is only by adopting a fast and agile scenario management process that organizations can steer their way towards achieving their short and long term goals.

Organizations that implement scenario management framework are in a much better position to handle uncertainty.

At the webinar, we looked at the examples and key success factors for scenario management implementation.