Too often, financial institutions consider budgets “one and done” — a single budget that takes into account one economic or underlying scenario. But what single scenario will prevail when so many unknowns remain in today’s market?
Scenario planning empowers institutions to model different circumstances and quickly adapt when conditions change. Read this white paper to discover:
- 10 benefits of scenario planning
- 5 hurdles to overcome
- 2 types of real-world scenario planning
- 5 structural elements to support success