Have you ever been caught off guard by something in business? It's not a great feeling. But with the right tools and training, you can expect the unexpected and plan for it. Business is unpredictable. But that doesn't mean you can't try to get ready for what's coming.

One way to do this is by thinking about different things that might happen in the future and making plans just in case they do. This helps businesses deal with surprises and keep going strong, no matter what. With scenario planning and risk management, you’ll be prepared to handle these “what if” situations effectively.

By the end of this course, you'll be able to:

• Explain different types of scenario planning: “Multi-Level Driver-Based Analysis,” “Single-Variable Sensitivity Analysis,” and “Initiative-Based Scenario Planning”
• Create robust contingency plans for a wide variety of scenarios
• Identify how to avoid common pitfalls in the scenario planning process

Why take this course?

The world changes fast, and so does business. This course is great for leaders who want to stay one step ahead. You'll learn different types of scenario planning, and how to avoid common pitfalls. And if you find yourself in an unexpected situation, you’ll have the knowledge of how to create contingency plans.

10 mins | SCORM | Takeaway Tasks