Today's uncertain economic landscape has shown us that business leaders can’t place their bets on one outcome. Instead, they’ve had to ask, “Will there be fundamental changes to our business model, and to our customers’ expectations?” “What new opportunities will arise?” “How can we position ourselves for recovery and growth?”
Key stakeholders are looking to the CFO and finance team to help provide answers, and to make tough decisions that will have a lasting impact. Enter scenario planning, a tool that gives finance the agility to model multiple “what-if” scenarios and assess how to best respond to each one. This strategic planning method integrates cash flow and business forecasting, so organizations can balance short-term needs with long-term priorities.
If you’d like to read more about how scenario planning can help, download the full report.