For years, accounting has been seen as a back-office function focused on compliance, managing financial records and ensuring tax filings are accurate. However, in recent years, accounting has evolved ...
Their work forms the basis of thinking about scenario planning in modern business. For clarity, we want to deal with the definitions of “Simulation” and “Scenario planning” here to avoid ...
Scenario planning involves maintaining multiple courses of action, if necessary, depending on future conditions. The most basic version involves documentation of three different business cases ...
Cards on the table: no two ‘scenario planning’ projects are the same, or should be the same. They have different goals, different inputs and different methodologies. Of course, we have seen ...
The Future of AI in Scenario Analysis The evolution of AI in business analytics is poised for even greater advancements. Emerging swarm intelligence algorithms, inspired by natural systems, are set to ...