There are several other frameworks that can be used to prepare for and profit from systemic threats. These include the PESTEL Analysis, which considers Political, Economic, Social, Technological, Environmental, and Legal factors. The SWOT Analysis is another tool that identifies Strengths, Weaknesses, Opportunities, and Threats. Scenario Planning is another method that involves creating detailed narratives about the future to predict changes. Lastly, the Balanced Scorecard provides a more comprehensive view by looking at an organization from four perspectives: financial, customer, internal process, and learning and growth.
How do you prepare your business for black swan events like pandemics or financial crises? Rogue Wav...
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