Episode 56 – Prepare for the Future Through Scenario Planning
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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