Modeling COVID-19: Economic Impact Scenarios Infographic
COVID-19 cases continue to grow in the United States and other countries around the world. Generating impact scenarios is a vital activity for every business and institution as economic uncertainty and mass layoffs create unstable financial conditions for businesses and individuals alike. Use these three scenarios as a basis to understand the potential U.S. economic outlook. The infographic includes stock market outlooks, U.S. GDP growth contraction scenarios, unemployment estimates, and more.
Micro- and Macro-Scenario Analysis in Financial ModelingExploring your organization's financial future requires in-depth scenario analysis. Each possible future is composed of various drivers that can be organized into a macro-scenario. Although exploring macro-scenarios helps in isolating a good trajectory, finance professionals need to understand the variable micro-scenarios that make up each macro-scenario. Read this article to understand how micro- and macro-scenarios impact financial analysis, as well as why finance professionals need the ability to examine at both scales.
Modeling vs Budgeting: Organizational InterdependencyMany organizations are already projecting their operating budgets forward, but those budget projections are incapable of answering new strategic questions around capital projects and initiatives. See how Stetson University used Synario in conjunction with an existing budget model to answer a mission-critical strategic trajectory question.
Predict with PrecisionIncorporating probabilistic strategies into everyday decision-making is relatively easy to do and, with practice, business officers can better anticipate the future, which will lead to more thoughtful planning at an institutional level.