Scenario Planning: Small Companies Can Do It Too! #shorts

There's nowhere written law that scenario planning can only be done by people, folks who have a lot of money and a lot of resources.

Question from Nancy, is scenario planning only for big companies or can small teams do this too? What's your view on this? Can SMEs do it?

Is it possible? Sure, sure. So it's very possible to do that. But a smaller company, or maybe a small team is the question, so I assume that it's a small company, for them it's also very, very important. It's probably even easier because you kind of— the decision to execution is closer aligned.

There's nowhere written law that scenario planning can only be done by people, folks who have a lot of money and a lot of resources. I agree with you, what Noot said, that smaller companies can do it well. In fact, in fact, the number of variables and number of parameters possibly for smaller companies will be lesser, so they can do it more. You have a clarity of parameters. And of course, I think I like what Noot said, that the time from scenario planning to decision-making is very fast because you are the owner. So I think absolutely, in fact, it's easier sometimes, I'll tell you.