Prevedere Connect: Insights & Technology

In this podcast, the second in a C-Series for Resilience Planning in a COVID economy, Chris Wheeler, Prevedere VP of Partnerships, and Evan Smith, a former operating executive, discuss how scenario planning helps leaders be successful in the current recession. Early in the pandemic, executives trying to navigate the economic crisis the pandemic was creating turned to “scenario planning” as a guide. With the continued uncertainty of the future, the capability to efficiently develop and quickly iterate scenarios for planning will create a competitive advantage for corporations. It will be paramount for corporations to align platforms, processes, and resources to support scenario planning as a normal requirement for succeeding in business.

In the Prevedere CEO Virtual Fireside Chat series, Rich Wagner is joined by industry thought leaders to discuss the challenging economic landscape and how external data and AI will help shape the future of planning and forecasting. In this episode, Rich Wagner had the opportunity to ask Dr. Barry Keating, faculty member in the Business College at the University of Notre Dame, about how COVID-19 has impacted enterprise companies and their ability to forecast and plan. With more than 40 years of teaching forecasting, Dr. Keating brings a wealth of knowledge and perspective to help business leaders adapt to the current economy and what to expect for the future of forecasting.

In today's episode, we go inside the board room for an overview of the current U.S. economic situation by Thomas Kilbane, a senior economist here at Prevedere, and three distinguished guests. Joining the conversation is Patrick Slattery, a former Big-4 partner in strategic transformation, Anthony Cioffoletti, the founder of a consulting firm focused on business technology alignment, and Evan Smith, a former operating executive in chemicals, financial services, and tech. Patrick, Tony, and Evan have been interviewing executive leaders on their experience responding to the effects of Covid19 - as they build new futures for their organizations. They bring a wealth of knowledge and contribute to a dynamic Q&A session that illustrates the ongoing conversations Prevedere has with executives and board members across the country, helping to shape their strategic planning.

In this episode, the first in a C-Series for Resilience Planning in a COVID economy, Chris Wheeler, Prevedere VP of Partnerships and Patrick Slattery, a former Big-4 partner in strategic transformation, discuss emerging finance executive themes regarding the health crisis and recession. They talk not only about culture, resilience, command and control, but also opportunities for finance to embrace the challenge. At some point executives need to flip the switch from responding to building for resilience using economic indicators and scenario planning.e rising at staggering rates. This positive growth juxtaposed with a significant segment of the population now struggling to pay mortgages is causing concerns that a housing bust may be on the horizon.

Mr. Andrew Duguay, Prevedere Chief Economist, and Ms. Nicole Collida, Nielsen SVP & North American Consumer Intelligence Lead, weigh in on the latest economic update and impact on U.S. consumers. High unemployment, continued state restrictions, and delayed stimulus payments have precipitated the sharpest consumer confidence plunge in over 15 years.
In this latest consumer-focused report, Mr. Duguay and Ms. Collida delve into Q2 economic data, and research findings, shining a light on the pandemic led recession's complex nature. As lowered stimulus payments impact U.S. households, 38% have shifted their behaviors as money becomes tighter, and job concerns are top of mind.
The updated report leverages Prevedere's leading indicator economic modeling combined with Nielsen survey and category data to deep-dive into the collective consumer mindset.
Listen to learn how consumers are reacting to current economic challenges across industry segments through 2H-2020, as each leader discusses the latest economic-financial data and Nielsen's research.