Preparing for the Unknown: How to Use Scenario Analysis to Project Drastic Changes

As finance professionals, one of our biggest challenges is helping organisations prepare for the future. Unfortunately, even the biggest finance departments still aren’t equipped with crystal balls allowing us to see 3, 6, or 12 months ahead of time. So, for a long time, CFOs and finance teams have used trend analysis to prepare their […]

Scenario Planning: The Planning Method Every FP&A Team Needs

“Uncertainty is the only certainty there is, and knowing how to live with insecurity is the only security.” – John Allen Paulos 2020 was a challenging year in many aspects. For businesses, it was the year that drove home John Allen Paullos’ famous quote and reaffirmed the importance of the role of the CFO. As […]

Scenario planning – A cornerstone of FP&A in the world of COVID-19

COVID-19 brought global business to a standstill. With the world’s second-largest economy in lockdown and strict quarantine restrictions in place all over the globe, businesses were suddenly thrown into the deep end of crisis planning. In March 2020, as part of an in-depth look at the business implications of COVID-19, we predicted that scenario planning […]