How do you prepare for the unexpected in business? What if you could see market shifts, supply chain disruptions, and economic downturns before they happen—and have a plan in place to pivot with confidence?

In this episode ofSmall Business Big AI, we’re diving into AI-powered scenario planning—a must-have strategy for small business owners, entrepreneurs, and industry leaders who want to future-proof their businesses.

What You’ll Learn in This Episode:

• Why traditional forecasting no longer works—andwhat to do instead
• 
  ow scenario planning helps businesses anticipate change instead of reacting to it
• 
  eal-world example: How a car dealership in a competitive market is using AI to stay ahead
• 
  he best AI-powered tools (CDK Global, Tekion) that help businesses make smarter, faster decisions
• 
  tep-by-step guide to using AI-driven scenario planning for your business

Why This Episode is a Must-Listen:

• If you’ve ever been blindsided by a market shift or unexpected costs, this episode is for you.
• If you’re a business owner, entrepreneur, or leader, this strategy will give you a competitive edge.
• If you’re curious about AI and how it applies to real-world business challenges, this episode breaks it all down.

Featured Tools & Resources Mentioned:

• CDK Global & Tekion – AI-powered inventory & demand forecasting for dealerships
• NotebookLM by Google – AI-driven scenario planning tool
• Risk Strategies & CDK Cybersecurity – Protecting sensitive business & customer data
• Forecasting and scenario planning | EY -Global,https://www.ey.com/en_gl/services/strategy-transactions/forecasting-scenario-planning
• Scenario Planning: Strategy, Steps and Practical Examples - NetSuite,https://www.netsuite.com/portal/resource/articles/financial-management/scenario-planning.shtml
• Dealer Magazine: How Car Dealers Can Apply Scenario Planning in Unpredictable Economic and Market Conditionshttps://digitaldealer.com/dealer-ops-leadership/dealer-magazine-how-car-dealers-can-apply-scenario-planning-in-unpredictable-economic-and-market-conditions/ By: Kendall Rawls | September 23, 2024
• Strengthening Cybersecurity in Car Dealerships:Lessons from the CDK Global Hackhttps://www.risk-strategies.com/blog/lessons-from-the-cdk-global-cyberattack-auto-dealer-cybersecurity
• Risk Strategies |Luke Shipp, Managing Director, and Allen Blount, National Cyber & Technology Product Leader | July 2, 2024
• The CDK Global Cyberattack and How To Protect Your Dealership;https://www.kelsercorp.com/blog/cdk-global-cyberattack-protect-car-dealership Kelser | By: Patrick Martin on June 25, 2024

🎧 Listener Challenge:Write downthree ‘what-if’ scenarios that could impact your business. Then, use AI to explore possible responses.

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Music Credit: “I Am with You” by Dream Cave; EpidemicSound via iStock.com

Sound Effects: https://pixabay.com/sound-effects/