- May 22, 2013
- Member: FREE
The notion of uncertainty is central to both financial planning and performance risk management. However, many organizations are not positioned to deal with this challenge because their financial planning processes are inflexible and limited. One remedy is the effective use of scenario planning, an analytical approach for clarifying and quantifying uncertainty. Used properly, scenario planning can improve a finance organization’s ability to manage risk and identify market opportunities.
Industry veteran Peri Pierone joins Mary Driscoll in this webinar, discussing scenario planning and providing insights into best practices based on research with finance organizations from around the world, including information on the need for and benefits of scenario planning, its prerequisites and hurdles, how to construct scenarios that are most relevant for specific organizations, key structural elements for a scenario model, and sample reporting and analysis.
Click here for the recording of this presentation.