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Stock impact report

One prediction isn't enough — Why CEOs are shifting to wartime planning [Fortune]

MaxCyte, Inc. (MXCT) 
Company Research Source: Fortune
Good morning. The single-point forecast is no longer fit for purpose. Recommended Video Scenario planning has become boardroom shorthand for preparation to deal with the unknowable, my colleague Geoff Colvin writes in a Fortune feature titled “For CEOs, it's time for a wartime mindset.” Colvin argues that it's a practice that is never more vital than in wartime — when a cyberattack, or even a sanction, can reroute supply chains overnight and send energy prices soaring. He writes: “Instead of betting on one forecast about how events will unfold, the most resilient CEOs are now rehearsing several plausible futures at once and deciding — before the missiles start dropping, the virus becomes a pandemic, or the markets seize up — what they will do in each. “It's an approach that was pioneered by Shell precursor Royal Dutch Shell. In the 1970s, the energy company began developing a set of vivid alternative futures involving potential oil-supply disruptions. Shell did not invent t Show less Read more
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