ClearPath Scenario Planning Webinar - Leading Your Business In Tough Times

ClearPath suggests you focus on the following 4 things in the fight for your employees and business.

#1 - Cash Flow Forecasting – anticipate what is happening before it happens, and pull the trigger on decisions faster and more reliably, or course correct as facts change.

#2 - Business Forecasting – use past data and trends combined with revenue forecast from sales and operations. Evaluate expenses and highlight areas of opportunity to reduce or delay outgoing cash.

#3 - Strategic Prioritization – leverage your new forecast data to identify where you need to focus efforts over the next week, 4 weeks, 8 weeks and beyond. Establish clear objectives and key results - “who does what by when.”

#4 - Scenario Planning – for each of the 3 items above, over 3 different possible scenarios (a version of low, med and high risk) to make sure you are prepared and proactive no matter which scenario turns out to be true.

We will review each of these priorities and share best practices for their implementation.