Redmon's Rules - Rule #32: Scenario Planning

Redmon’s Rules: providing weekly rules and tips on leadership, management, business growth and strategy.

32nd Rule: Scenario Planning

Conducting what-if scenarios is an easy way to mitigate risk. Be proactive and not only plan for the best case scenario, but also the worst case scenario. Look at unsound external factors that influence your business to see where potential risk lie.

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