Economic Scenario Planning
Gain clarity during unprecedented uncertainty
Navigate Uncertainty with Economic Scenario Business Models
Planning during today’s economic climate is extraordinarily difficult. COVID turned the world on its side, and almost two years into the pandemic, companies are still struggling to find their footing in increasing uncertainty.
But the pandemic isn’t the only threat to consider. Business leaders must now also be well versed in and prepared for the impacts of inflation, labor market imbalance, and supply chain disruption. Never before have there been four massive economic situations happening at once. These tumultuous, atypical times demand a new approach to business planning and forecasting. Companies are in uncharted territory, and planning will continue to be unprecedented.
Economic Scenario Planning from Prevedere helps companies navigate these tumultuous times. Our enterprise-class solution projects future business outcomes under three plausible economic scenarios: Baseline, Optimistic, and Pessimistic. Companies can improve planning and risk management with a clearer view of the pandemic’s evolving impact, including variations by region and operating unit.
All-in-One Scalable Solution
Prevedere brings together the three capabilities needed for economic scenario planning:
1. A world of external data:
Our global data cloud features millions of leading indicators, including the near-term, high-frequency data required to track today’s rapidly changing conditions.
2. Econometric models:
Our AI-powered econometric modeling engine builds 1,000s of predictive models in minutes, and machine learning improves them over time.
3. Deep economic expertise:
Our senior economists draw on decades of experience to help companies interpret, use, and iterate their custom scenario plans.
With Prevedere, companies can achieve a more accurate and dynamic planning capability in a period of tremendous turmoil. The solution can be tailored to individual companies across more than a dozen industries.
Want to learn more about economic scenario planning?
Economic Scenario Planning Resources
Data-Informed Forecast for Scenario Planning
Food and Beverage Industry Company Scenario Planning Case Study ...
Needed: A New Approach to Planning
Planning for upcoming business cycles is challenging enough in ordinary times. These are not ordinary times. Traditional modes of planning are not adequate to address ...
Press Release: Prevedere’s Record Q3
Prevedere’s Record Q3 Emphasizes Business Need for Scenario Planning During COVID Recession ...
The value of economic scenario planning
Sharpen strategic, financial, and operational plans with economic insights
Stay alert to the first signs of economic recovery—don’t get left behind
Foresee and lessen the downside effects of the pandemic
Provide more informed forward-looking guidance to investors and the board
Improve plans and forecasts for 2021 and beyond
Assess the impact of 3 different economic scenarios on 2021 performance
Adjust plans with updated insights as the COVID-19 crisis unfolds
Apply scenario planning to business units, regional markets, and product categories
Test planning hypotheses with our experienced senior economists