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Scenarios prepare us to think differently than where our own plans would lead us and are a critical complement to budgeting and forecasting tools. This guide will examine what scenario planning is, how to execute on scenario planning throughout the year, and provide practitioner examples of scenario planning. For FP&A to advise the enterprise in a world of changing information and uncertainty, we need to incorporate intelligence quickly (rapid reforecasting) and stretch the organizational mindset for the possibility of multiple future outcomes.
FP&A Scenario Planning Tool