Increasingly in the corporate world, scenario planning helps decision-makers identify outcomes and impacts, evaluate responses and manage risks and opportunities.
This is becoming more essential as connected risk is driving up the complexity of event. Connected risk is the exposure of commercial organisations, their partners, suppliers, and clients to cumulative and cascading financial, operational, and reputational vulnerabilities. It is caused by the inter-connected architecture of today’s business-to-business relationships.
By imagining these potential risks and opportunities, Russell Group believes it is possible to create processes that allow businesses to become proactively alert. All of which we explore in our new white paper.
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