Scenario planning recognizes that beyond a certain degree of uncertainty forecasting is of limited value (or can even be detrimental to good decisions). The process of creating a set of relevant, plausible, and complementary scenarios (more than the scenarios themselves) can be invaluable in creating and implementing effective, responsive strategies.
Strategic options/scenario analysis – Perform testing for different possible scenarios to identify points of weakness and ensure decision makers are informed and equipped by assisting with regular cash-flow tracking and reporting during the crisis period
- Service line separations and mergers
- Cost-rationalization project coordination