Preparing for Change – A Planning Strategy for Your Business (OnDemand Webinar)

$199.00

SKU: 408010EAU

Description

Understand the issues and challenges ahead and prepare a framework for developing plans for change.When an organization’s leadership is faced with the need to create change preparedness strategies and plans for finding a way forward in 2021 due to the impact of COVID19, they want to do so in a way that ensures the viability and sustainability of the organization going forward. From lockdowns to transitioning to a remote workforce, 2020 presented challenges well beyond the control of individual enterprises. This topic helps those leading or caught up in the planning for a recovery or their survival in 2021. This material will help participants to identify the issues and challenges ahead and provide a framework simple process for developing their plans. If you find the planning process for 2021 daunting or intimidating then the takeaways from this topic can help ease the effort going forward.

Date: 2021-02-17 Start Time: End Time:

Learning Objectives

How to Prepare for Potential Changes
• Adapting to a Material Reduction or Loss of Your Supply Chain.
• Adapt to a Breakdown in Your Distribution Channels.
• Surviving in the Face of a Prolonged Lockdown.
• Planning via Multiple Scenarios

How to Adapt to Potential Changes
• Identifying Change Points in Advance
• Executing Around Common Denominators

Financial and Organizational Considerations
• Cash Flow / Cut Backs
• Workforce Impact (Growth • Reductions)
• Scalability
• Fixed vs Variable Costs
• Monetization Opportunities
• Market Caps – Debt Restrictions / Covenants
• Top Line / Margins / Bottom Line
• Systems and Infrastructure

Creating and Implementing a Strategy Driven Plan
• Understanding the Process
• Using a the Change Analysis Worksheet

Michael R. Wood-Michael R. Wood Advisory Services