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.
This article summarises the most crucial insights from senior FP&A practitioners who gathered in Seattle on the 24th of May, 2022, to discuss the key lessons learned from the Pandemic for the finance industry.
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.