Scenario Planning and Risk Management
Duration10'
No. of mini-lessons4
ResourcesTakeaway Tasks
Duration 10'
No. of mini-lessons 4
Resources Takeaway Tasks
Course overview
Getting caught off guard by something in business is 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, your managers will be prepared to handle these “what if” situations effectively.
What's covered
Types of scenario planning: “Multi-Level Driver-Based Analysis”, “Single-Variable Sensitivity Analysis”, and “Initiative-Based Scenario Planning”
Creating robust contingency plans for a wide variety of scenarios
How to avoid common pitfalls in the scenario planning process
Why your teams need 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.
Accredited by CPD
TalentLibrary is recognized as reaching the standards and benchmarks required by the Continuing Professional Development (CPD) Certification Service.
The CPD Certification Service is the world’s leading and largest independent accreditation organization for professional development courses across all industry sectors.
