“Plans are worthless, planning is everything” – President Dwight D. Eisenhower.

Long Range Planning is full of challenges. Decisions need to be made well ahead of events, and business risks need mitigation or sometimes capitalizing upon early. Long Range Planning isn’t simply about making a single prediction but rather being aware of the spectrum of possibilities and their impacts, particularly in combination.

Organizations need to identify effects, events, and decisions which drive change to their business, and model individual scenarios across a set of business axes. These can include market growth, changes to consumer sentiment, production techniques and government legislation. Organizations also want to be able to review timings, strength of the effects, how effects combine and how one future scenario compares to another.

An application is needed that allows scenario changes to be made, with a result recalculated instantly. Planning can then proceed iteratively, in real time, with everyone aligned. Long Range Planning has an important contribution to make, supporting the management of major risks and opportunities as well as strategic thinking and decision making.

What to expect:

• Thorogood has helped organizations transform their Long Range Planning capabilities using data, modelling, and advanced analytics. We will demonstrate an illustrative application in Anaplan.
• We will outline our approach to capturing major events, developments and decisions in a model. We will demonstrate how to break down complexity to form a single scenario build of the future.
• At the heart of the solution is a model of the business, complete with defined relationships and historical data. Impacts will be calculated in-model on metrics, volumes and financial values.
• We will demonstrate how combined effects from multiple factors can be generated.  We’ll show how single scenario builds can be compared to give further insight and prove or correct how we model various impacts.

Is it for you?

• Do you need help managing major risks and opportunities facing your business?
• Are you struggling with the challenges of Long Range Planning? Would you like to make it a more structured, disciplined and collaborative process?
• Do you want to facilitate strategic discussions with a fast interactive point & click application?
• Are you making decisions which affect your organization’s environmental footprint and sustainability planning?