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The Game-Changing Power of Scenario Planning

The Game-Changing Power of Scenario Planning

Workday
Published by: Research Desk Released: Jan 28, 2021

Five best practices for Business Agility
Now more than ever, agility is a business imperative. Without the ability to adjust revenue and expense assumptions over time, or model multiple scenarios simultaneously, or see the impacts of new markets, staffing changes, or new government regulations, companies simply won’t have the ability to weather whatever comes next; much less respond to changes in real time.
Read this eBook to learn how organizations like yours have replaced one-off annual plans with agile forecasts and timely data, so your organization can sharpen insight, reduce risk, and operate with agility. Discover these 5 best practices, that include:
• Model multiple what-if scenarios concurrently
• Enable rolling forecasts
• Keep everyone on the same page
• Get business partners to own the plan
• Combine top-down with bottom-up models and assumptions

By: Workday
Type: eBook