As the business landscape continues to evolve and grow, developing strategies to stay agile and proactive is essential to long-term success. You can’t always predict potential pitfalls, whether that’s sudden tariffs or inclement weather, but you can put plans in place to avoid or minimize the effects of risk events.
This is where scenario planning comes in. Using advanced models to simulate potential risk events, scenario planning can help organizations understand and identify risks, empower decision-making, and support a more proactive approach.
Download this in-depth guide to learn more about:
- Scenario planning and its growing importance.
- The two most common methodologies: Bowtie analysis and Monte Carlo simulations.
- Who is involved with scenario planning processes.
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