Sensitivity Analysis - one of the many decision making tools

This week's challenge was to deliver a 10 minute presentation to my networking group on a useful topic which demonstrates one of the skills I use in the course of  my work.  It really helps your network understand in greater detail the way in which you work.  The difficult part is to make it interesting to the whole audience.

I chose the topic of Sensitivity Analysis which is one of the tools I use when helping businesses through periods of change.  It helps clients focus their minds on the numbers.  It's all very well having a great idea but if the figures don't stack up, the impact on the business may be disastrous.  Assigning probabilities to different outcomes helps us consider what might happen to the bottom line if sales fall below expectations or costs exceed estimates.

The video shows the charts I used to help explain my points.

Promotional Video!

Welcome to the first in a series of 30 second videos.  The first will be shown on our Facebook page http://www.facebook.com/linkedinforbusiness.

Create your own video slideshow at animoto.com.