scenario planning (3)

3 Critical Steps to Forecasting

10927993866?profile=RESIZE_710xUnforeseen crises, such as economic depressions, natural disasters, and black swan events (such as the present COVID-19 pandemic), have immense repercussions. Crises are capable of immobilizing institutions and economies. These circumstances are not common for the great majority of businesses. There are safety dangers everywhere. People's movement is restricted, business activities are slowed, and cash flow decreases.

In this age of unpredictability, customers' requirements fluctuate rapidly, pr

Read more…


Conflicts, downturns, disasters, and pandemics place businesses in hazardous situations marked by low turnover, stagnant growth, unemployment, and even bankruptcy.

Frequently, these circumstances arise without knowledge. It is challenging to guide organizations through challenging circumstances and to predict the effects and severity of crises.

Financial planners and CFOs seek to address these situations, but they are frequently uncertain about what would work in the short term and what should

Read more…

10516786682?profile=RESIZE_710xFinancial insecurity, the unpredictability of regional and global situations, environmental threats, and advancements in technology have caught organizations off guard.  Consequently, many leaders have ended up turning to Scenario Planning to generate potential possible scenarios, in contrast to planning and devising strategy for a single possible circumstance.

Scenarios include plausible, yet unforeseeable situations and challenges.  They encompass various permutations of facts and anticipated s

Read more…

    About Us

    The GlobalRisk Community is a thriving community of risk managers and associated service providers. Our purpose is to foster business, networking and educational explorations among members. Our goal is to be the worlds premier Risk forum and contribute to better understanding of the complex world of risk.

    Business Partners

    For companies wanting to create a greater visibility for their products and services among their prospects in the Risk market: Send your business partnership request by filling in the form here!