Attend this webinar and earn FREE Continuing Professional Education (CPE) Credit

​Maturity is a crucial characteristic for companies to emerge stronger from the pandemic. A key indicator of a company's maturity is the extent to which finance leaders embrace the discipline of financial planning and analysis (FP&A). An indispensable tenet of FP&A is that instead of relying on past performance to prepare their companies for the future, finance leaders must plan for multiple possible outcomes.

Yet despite recognizing the inherent benefits of scenario planning—such as replacing groupthink with critical thinking and proactive collaboration—finance leaders continue to struggle with a fundamental question: How does a company determine in advance which scenarios to prepare for? During this webinar, we will outline a step-by-step approach to scenario planning that applies essential principles of FP&A and supports your company's growth. By attending this webinar, you will learn how to:

  • Identify and distinguish among assumptions, drivers, and constraints that underlie your company's plans
  • Determine the degree of control, if any, your company is able to exert among drivers that have the greatest influence on your company's financial health
  • Collaborate with teams outside finance to define thresholds concerning drivers, and communicate which actions are necessary when drivers exceed these thresholds
  • Recognize when your company needs to reconsider assumptions, drivers, and constraints on which its plans depend, and
  • Establish a culture of analysis and planning that extends beyond finance to guide your entire company in times of crisis or calm