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Did COVID-19 slow your business down drastically? Although you can never fully prepare for the unexpected, one way you can protect your business is through scenario planning.

In this episode, Tim Scannell discusses how scenario planning can be a valuable addition to your business process. He provides a step-by-step guide to evaluate the possible alternative futures, and set your business up to face them if and when they arise.

In this episode, you will learn:

• Effective ways to deal with simple and complex scenario planning
• Why scenario planning is important for every company, in every industry
• How technology has completely changed the way businesses interact with their clients
• Ways to develop a list of indicators to monitor major industry changes
• And more!

Tune in now to learn how you can take the crucial first step to commit to scenario planning!

Resources: Hightower Great Lakes: (219) 246-5370 | Tim Scannell | Tscannell@hightoweradvisors.com | 5 Wealth Management Challenges Facing Construction Industry Family Owned Businesses

Podcast: Play in new window | Download | Embed

Subscribe: Spotify | Email | TuneIn | RSS | More

Eventually, everyone will approach the end of their career, but preparing well before it arrives can make the transition a lot easier!

In this episode, Tim Scannell talks about an article by Arthur Brooks that provokes the audience to think about the declining phase of their career. He also discusses several ways to help you cope with the decreasing productivity and happiness that may arise as your career approaches an end.

In this episode, you will learn:

• How a reverse bucket list can help you transition smoothly into your retirement
• The four stages of life based on the Hindu philosophy – and their significance
• How you can serve the future generations by sharing your knowledge and legacy
• Why building and maintaining connections with others is so important
• And more!

Tune in now to learn how you can get through your end-of-career transition, because professional decline is inevitable in every career!

Resources: Hightower Great Lakes: (219) 246-5370 | Tim Scannell | Tscannell@hightoweradvisors.com | Article by Arthur Brooks: Your Professional Decline Is Coming (Much) Sooner Than You Think | Podcast: The Art of Happiness with Arthur Brooks