“The value of scenarios is endless. Those companies that perform scenario planning well become agile and responsive without creating internal chaos. They will be best positioned to recover from the pandemic,” says Pamelyn Lindsey, Oliver Wight Principal
NEW LONDON, N.H. (PRWEB) May 27, 2020
Oliver Wight Americas has long advocated the use of scenarios to navigate changing business conditions. With the COVID-19 pandemic, scenario planning has never been more important.
That’s why Oliver Wight is helping companies to better utilize scenario planning during this unprecedented time. Oliver Wight shares its expertise through the safe social distance of a webinar, two white papers, and a hands-on virtual workshop (see links below).
In the hands-on workshop, Oliver Wight shows companies how to create scenarios that address business conditions in the near-term as well as the mid- and long-term.
Near-term scenarios are used to quickly adapt to frequent changes in the market and supply chains. Mid-term scenarios help executives better prepare for the pandemic recovery. Long-term scenarios help guide business leaders to be ready for the “new normal,” explains Pamelyn Lindsey, Oliver Wight Principal.
“Scenario planning should be a routine part of a company’s planning process. This is best accomplished when a scenario planning framework is in place,” states Chris Groven, Oliver Wight Principal.
Oliver Wight’s Integrated Scenario Planning framework dovetails with companies’ Integrated Business Planning and Integrated Tactical Planning processes. Integrated Tactical Planning focuses on the immediate time frame. Integrated Business Planning focuses on the mid and long-term, generally at least 4-to-24 months in the future.
“The value of scenarios is endless. Those companies that perform scenario planning well become agile and responsive without creating internal chaos. They will be best positioned to recover from the pandemic,” says Pamelyn Lindsey.
Links for more information:
Agile Scenario Planning Workshop – A Hands-On Virtual Experience
Insights on Integrated Scenario Planning for Managing and Recovering from the COVID-19 Pandemic
Scenario Planning: A Necessary Skill to Drive Better Decision Making in Integrated Business Planning
Agile Scenario Planning in a Crisis
About Oliver Wight Americas
Oliver Wight has a 50-year track record of delivering business improvement to some of the world’s best-known organizations. We believe that sustainable improvement can only be made through your own people. Unlike other consultancy firms, we transfer our knowledge to you, which means you can achieve performance levels and financial results that last. Our principals are seasoned professionals who have real-world manufacturing experience. They are thought leaders in the fields of supply chain management, integrated business planning, demand management, and product management. The largest worldwide consultancy of its type, Oliver Wight has offices throughout Europe, North and South America, and the Asia/Pacific Region.