Scenario-Based Stress Test
Scenario-Based Stress Test
What-if modeling allows us to make decisions before we are in the thick of a storm. Cindy Larson, author of the article “Business Recovery and Continuity“, says, “If you’re able to pause during the crisis . . . you’ll be better prepared to outperform businesses that wait to adjust.”
Engaging in scenario-based planning now, with a clear head, will allow us to prepare and act rationally in what could be an emotional time. Use our Scenario-Based Stress Test to walk through four potential recession scenarios, identifying the different action steps your team could take to weather the storm if, and when, unfavorable economic conditions come your way.