The Characteristics of Those Using Scenario Planning
According to the recent FSN’s Agility in Planning, Budgeting, and Forecasting (PBF) Survey 2021, the effective use of scenario planning enables organizations to respond quickly and confidently during times of extreme change. FSN founds that 77 percent of organizations that find the time to consider alternative scenarios can reforecast earnings within a week. Scenario planning also adds to the accuracy of forecasting, with 54 percent of scenario planners able to forecast to within +/- five percent of earnings and revenue. Check out this infographic to discover all the characteristics of those using scenario planning.