Topic: Scenario Plans in Uncertain Times
Speaker: Dr. David Weiss, President and CEO of Weiss International Ltd.
In time of uncertainty, organizations need to be ready for all possible scenarios to reduce risk and respond quickly if the situation does not unfold as forecasted. Too often organizations give lip service to less likely scenarios and only prepare for the probable scenario. In times of uncertainty, no one has a clear idea of the forecasted scenario. Many ask: How do we identify scenarios for consideration? To what extent should we develop plans for less probable scenarios? How do we know when to switch our focus to less likely scenarios? How can we measure the value of scenario planning? How can finance professional contribute to this process? Where do we start?
This presentation, based on the books by Dr. David Weiss and his subsequent work, provides the tools and techniques to develop scenario plans during uncertain times.
This insightful and entertaining interactive session focuses on the following:
- Why is it so important to develop scenario plans during uncertain times?
- What are the tools and techniques to develop scenario plans?
- How does preparing for multiple scenarios de-risk your organization in uncertain times?
- How do these approaches apply to finance professionals?
About the Presenter:
Dr. David S. Weiss, Ph.D., ICD.D is President and CEO of Weiss International Ltd., a firm specializing in innovation, leadership, and HR consulting for many Fortune 500, social enterprise and public-sector organizations. David has provided consulting on more than 1000 business and organizational projects, delivered over 200 conference presentations and he has written over 50 journal and trade articles. He is the author or co-author of seven books including Innovative Intelligence (Wiley, also available in Chinese and Persian) which was reported by CBC News as a “top 5 business book” in the year it was published. David has conducted executive sessions in Canada, USA, China, Russia, Israel, Uganda, South Africa, Malaysia, Chile, Hungary, Paris and England. Previously, Affiliate Professor of Rotman School of Management, Senior Research Fellow at Queen’s University, and VP and Chief Innovation Officer of Knightsbridge, David currently teaches at four university executive development programs, including Rotman, Schulich, DeGroote and St, Mary’s University. David’s doctorate is from the University of Toronto and he has three Master’s degrees. He has been honoured by many organizations globally including by the Government of Canada with the “Distinguished Lecturer” certificate, by the Asia-Pacific HR Congress with the “HR Leadership Award,” and by HRPA with the lifetime designation of “Fellow HRPA.” Download many of David’s articles at www.weissinternational.ca/articles, read an article about David’s innovative ideas at www.wikipedia.org/wiki/David_Solomon_Weiss and join over 10,000 followers on Twitter at @DrDavidWeiss