NAFCU Risk Management Seminar
Nov 17-19, 2021
Develop Balance Sheet Strategies, Create Opportunities, and Manage Risk Through Scenario Planning
Since no one can accurately predict the future, it is critical to incorporate scenario planning into the balance sheet strategy decision-making process. Thinking through possibilities and potential impacts, before events occur, results in making better and more informed decisions – in a timely matter. Too often, when people hear scenario planning, they think of a complex, boring process that leads to nowhere. It doesn’t have to be this way. In this session, participants will discover how scenario planning results in better balance sheet strategies and leads to stronger competitive positioning. You will also learn engaging ways to create and work through scenarios, so that cross-functional teams want to be part of the process. Engaging cross-functional teams is necessary to ensure broad, diverse, and deep thinking.