Create lucrative business activity signs

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Anonymous

The economic shock of 2008 and the Great Recession that followed did not just create profound uncertainty over the direction of the global economy. They also shook the confidence of many business leaders in their ability to see the future well enough to take bold action. It's not as if CEOs don't know how to make good Decisions Under Uncertainty. One of the tools used is scenario building.

21st Century Sales Training for Elite Performance

Scenarios are a powerful tool in the strategist's armory. They are particularly useful in developing strategies to navigate the kinds of extreme events we have recently seen in the world economy. Scenarios enable the strategist to steer a course between the false certainty of a single forecast and the confused paralysis that often strike in troubled times. These approaches are extraordinarily valuable amid today's volatility, and many well-run companies have adopted them, over the years, for activities such as capital budgeting.