It’s been a chaotic 6-8 months for most organizations. Everyone has been working ‘round the clock trying to keep the business going and addressing the aftershocks. Now is the time to take action and deepen the understanding of the decisions you need to make now and in the future. What role can Integrated Business Planning and scenario modeling play?
With IBP, you can gauge the potential implications of decisions before you make them. You can share and discuss those implications with the leadership team, test assumptions, understand risks and have more transparency on impact to revenue, margin, and operations. Scenario modeling, on the other hand, plays an increasingly critical role to let teams explore a range of possibilities as demand volatility increases. Supporting IBP with scenario modeling, also fosters discussion and engagement during meetings.
In our previous webinar with Oliver Wight, we discussed the common pitfalls organizations face when implementing IBP and how technology and specific process improvements can help you address them. This week, we’re teaming up again to host a new webinar where we will delve deeper into scenario modeling capabilities and how they can support decision-making during IBP. We will illustrate this with 3 recovery scenarios for planning in uncertainty:
Initial emergency response (short-term)
Smart restructuring (medium-term)
Strategic response (long-term)
Sign up to join us! The webinar will take place on Thursday, October 8 at 10 AM BST, 11 AM CEST. If you can’t make it, sign up anyway to receive the recording.