02 Jun Stress Testing and Scenario Analysis
The global pandemic has ensured we will never forget 2020! Of particular importance to business is to revisit your strategic plan. How can your business remain resilient and mitigate risks during this pandemic and beyond?
A stress test is an analytical tool which aims to establish the ability of your business to survive a crises. This is thus not limited to coronavirus but this would be a natural starting point. As is the case with Brexit, some sectors will be harder hit but no business will be immune to Covid-19.
It is not too late to plan, analyse, document, and challenge how your business will survive uncertainty whilst responding to significant events, through a business continuity plan or other means.
If you’d like support with business planning please get in touch and one of our team will contact you.
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