What-if scenario planning is a valuable tool for assessing the potential impact of future events on a company’s business and results. As all business plans involve uncertainty, it is crucial to embrace these uncertainties and incorporate them into the planning process. What-if scenario planning and analysis enable organizations to prepare and evaluate likely scenarios with different assumptions in mind.
In the “How To Efficiently…” demo, the What-if scenario planning and analysis segment, which lasts for 15 minutes, covers various planning and budgeting processes in organizations. The demo demonstrates how to easily and efficiently manipulate numbers in what-if planning. He creates and compares different scenarios, allowing companies to be well-prepared for potential challenges that may arise during economic changes. The demo provides valuable insights and strategies to make informed decisions and enhance preparedness for various business scenarios.