In this article, the author outlines the difference between Scenario Management and forecasting and illustrates how we can apply the first to Strategic, Operational and Financial planning.
In this article, the author reveals the essentials of a multidimensional strategic company model for planning and compares a business to a living being. He also tells us how to implement such a model within your organisation.
The previous article delved into Zone to Win as a strategic decision-making framework for balancing growth and profitability. In this article, we’ll look at how organisations can use the Balanced Scorecard to strike a balance between growth and profitability.
In this article, we will explore the Zone to Win (ZTW) framework as a proven and powerful decision-making tool that can help managers and businesses achieve the balance between growth and profitability.
In this series of articles, we delve deeper into the importance of finding the right balance between growth and profitability and consider the importance of strategic financial planning. We will also explore two proven frameworks organisations can leverage to drive effective decision-making: the Balanced Scorecard (BSC) and the Zone to Win (ZTW).
Scenario Planning becomes necessary rather than optional in such a complex and uncertain environment. In this article, the author elaborates on the challenges associated with this approach. He also outlines the difference between Strategic and Scenario Planning.
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