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\nScenario Planning and Risk Assessment for Business Uncertainty\n

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\nThe video discusses the importance of scenario planning for businesses in responding to uncertainty and unexpected events that may disrupt their projections and performance. The presenter discusses the various types of risks that...\nThe video discusses the importance of scenario planning for businesses in responding to uncertainty and unexpected events that may disrupt their projections and performance. The presenter discusses the various types of risks that businesses need to prepare for, including economic shocks, natural disasters, IT failures, and loss of key staff. The three pillars of scenario planning - risk identification, planning, and converting threats into opportunities - are explained, and the steps involved in developing a scenario plan are detailed. The video also touches upon the impact of Brexit on businesses and the importance of planning for positive outcomes, not just negative ones.\n
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Resource Details

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Curator Rating
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Educator Rating
Not yet Rated
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Media Length
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16:12
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Grade
Higher Ed
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Subjects
Social Studies & History
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Media Type
Instructional Videos
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Source:
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\nKnowMo Business\n\n
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Date
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2018
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Language
English
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Audiences
For Teacher Use
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Usage Permissions
Fine Print: Educational Use
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Additional Materials

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\" data-title=\"Get Full Access\" data-container=\"body\" rel=\"popover\" tabindex=\"0\" href=\"/subscription/new\">Video Transcript\n
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Concepts

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business, money
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Additional Tags

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a-level, edexcel, only, risk, assessment, planning, natural disaster, scenario plan, lecture presentation, huge amounts, european union, james dyson, positive outcomes, business model, business uncertainty, fact happen, positive, plan, performance, important, start, scenarios, potentially, approach, left, disruption, event, pillar, strategy, events, deal, firms, happen
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Classroom Considerations

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Best For: Explaining a topic
Video is ad-free
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Educator Ratings

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\n\nShow resource details\n
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\n\" data-title=\"Get Full Access\" data-container=\"body\" rel=\"popover\" tabindex=\"0\" aria-label=\"Play video: Scenario Planning and Risk Assessment for Business Uncertainty\" href=\"/subscription/new\">\"Scenario\n\n
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