
Riding the Rollercoaster: How Scenario Planning Keeps Creative Businesses on Track
beforesandafters.com
The creative industries film, VFX, animation, games, advertising are a thrilling rollercoaster. One minute youre soaring high, riding the wave of a successful project or a booming market. The next, youre plummeting into the unknown, facing unexpected client changes, budget cuts, or industry-wide disruptions.The Fundamental Challenge: Navigating Constant ChangeCreative businesses (and their projects) rarely progress according to a single linear plan. When a key client pushes their timeline, when a critical team member becomes unavailable, or when scope expands mid-project, the ripple effects cascade across your entire operation.Unfortunately, most project planning tools do not address the key hypotheticals that drive your business decisions every day. They force you to either maintain multiple separate plans or make changes that overwrite your original assumptions, leaving you without a clear picture of alternatives or their implications. What creative businesses need isnt just project planning its the ability to model multiple scenarios as conditions inevitably change.What is Scenario Planning?Scenario planning is about creating what-if scenarios to explore different possible futures. Its about testing ideas, analyzing potential outcomes, and making informed decisions based on data, not guesswork.The Old Way: Spreadsheets and StressFor decades, creative studios have relied on spreadsheets for their planning. These trusty tools, while familiar, are often a source of stress and inaccuracy. Data entry errors, outdated information, and complex formulas that break under pressure its a recipe for sleepless nights and risky decisions based on hunches rather than actual data.The New Way: Scenario Planning with ProjectalNow imagine a world where you could confidently navigate the ups and downs, predict potential pitfalls, and seize new opportunities with clarity. Thats the power of scenario planning, and Projectal is a tool that makes that a reality for creative businesses.Why is Scenario Planning Crucial for Creative Businesses?Visibility:Get a real-time, accurate picture of your studios current state projects, departments, budgets, and staff.Agility:Respond quickly to client changes, market fluctuations, and unexpected challenges.Confidence:Make informed decisions with data-driven insights, reducing stress and anxiety.Collaboration:Bring your team together to contribute to strategic planning and build consensus.Innovation:Explore new markets, test new business models, and stay ahead of the competition.Change is the only constant in VFX production, making scenario planning essential for success,saysImke Fehrmann, Global Head of Production at RISE Visual Effects Studios.Projects evolve rapidly based on client needs and creative direction, so we must be nimble and prepared with adaptable scenarios that can be implemented quickly. Projectals new scenario planning features will be a game-changer in ensuring we efficiently manage resources and schedules in our upcoming VFX projects.How Projectal Solves the Scenario Planning PuzzleProjectal isnt just another project and resource management tool; its a strategic planning platform designed specifically for the complexities of creative businesses. Heres how it empowers you:Sandboxes:Create private workspaces for scenarios that test different ideas without affecting your live data.Comprehensive Data:Model scenarios with all your critical data companies, locations, staff, projects, budgets, schedules, and more.Real-time Insights:See the impact of your decisions instantly, with dynamic reports and visualizations.Collaboration Tools:Share scenarios with your team, gather feedback, and make collaborative decisions.Time Machine:Capture a moment in time, allowing you to compare scenarios and track changes.Tax Rebates:Model the impact of tax rebates on your projects and budgets.Grow Your Business:Easily model new departments, locations, or business models.With extensive experience at leading creative companies such as DNEG, Technicolor, and R/GA,Daniel Jurow, Founder & CEO of Sevoir Groupregularly advises his clients to add scenario planning into their management workflow.By continuously assessing multiple what ifs you will be more aware of the lurking risks as well as the smart opportunities that are lying beyond sight of your teams everyday reporting,he explains.Projectal provides creative businesses with the embedded tools needed to make informed capacity, scheduling, and pricing decisions and stay ahead of the curve. Its a significant improvement over current methods.Real-World Scenarios in Film, VFX, Animation, Games and AdvertisingManaging Client Change Orders:Quickly assess the impact of changes on schedules and budgets, enabling informed negotiations with clients.Bidding on New Projects:Model different staffing and budget scenarios to create competitive and profitable bids.Outsourcing Work:Evaluate the cost-effectiveness and scheduling impact of outsourcing specific tasks.Downsizing:Plan for necessary reductions while minimizing disruption and maintaining project momentum.Opening a New Office:Compare potential locations, analyze staffing needs, and evaluate financial implications.Mergers & Acquisitions:Model the combined entity to assess synergies and identify potential challenges.Performance Reviews:Analyze the impact of salary increases on budgets and project costs.Entering New Markets:Explore new opportunities by modeling different business models and market strategies.Financial Planning:Analyze project profitability to optimize financial outcomes and ensure long-term business sustainability.Paul Schumann, CEO at JanusKS, the developers of Projectal, added Scenario planning is crucial for ensuring the smooth and resilient operation of a creative business. Projectal enables management to anticipate challenges, create contingency plans through what-if modeling, and make data-driven decisions, replacing guesswork and spreadsheets. Projectal is the ideal tool for riding the rollercoaster ride at creative businesses.About RISE | Visual Effects StudiosRISE | Visual Effects Studios was founded in 2007 by Sven Pannicke, Robert Pinnow, Markus Degen and Florian Gellinger in Berlin. The plan was to focus with a small, hand-picked team on German TV and feature film effects but that plan failed. Today, over 260 artists call the award-winning company their creative home in Stuttgart, London, Munich, Cologne and Berlin, making it one of the biggest VFX studios in Europe. RISE has become partner in crime for directors like Tom Tykwer, Lisa Joy, Mike Flanagan, Matthew Vaughn, Guy Ritchie, Gore Verbinski, studios like Marvel (Eternals, Loki, WandaVision, Captain Marvel, ), Warner Bros. (Fantastic Beasts 3, Reminiscence, ), Netflix (Midnight Mass, Stranger Things), Sony Pictures (Uncharted), Studio Canal (Gunpowder Milkshake) and also produces more and more animated features (Richard the Stork, Dragon Rider). Its sister production company RISE PICTURES develops its own original content and co-produces films (Stowaway) and series for an international audience. RISE acts as collaborator for episodic series as well as television and feature film, from early concept to mastering, concept art and previs, every day on set, during effects production and animation, as an advisor for the Digital Intermediate process. Our supervisors are reliable, creative partners for directors, production designers and directors of photography alike from the first to the final step of the way.https://www.risefx.comAbout Sevoir GroupSevoir Group is a management consultancy built specifically for creative businesses, with deep roots in VFX, animation, advertising, design, and creative technology. The firms mission is to help studios, agencies and technology innovators achieve operational strength and sustained profitability without compromising what makes them special. Sevoir Group has decades of combined experience leading through industry disruption, technological shifts, and growth challenges, and combines state-of-the-art insights and methods with practical implementations suited to the unique dynamics of visual storytelling businesses.https://www.sevoirgroup.comAbout ProjectalProjectal is the leading project management and workflow platform for creative businesses. Leveraging AI and machine learning, Projectal streamlines departments, locations, staff, and projects, eliminating the need for spreadsheets, off-the-shelf tools, and manual steps.Projectal enhances how studios bid, budget, plan, schedule, track, and report on projects, ensuring the entire team works from the same real-time data. Scenario planning features allow in-depth what-if analysis to help deliver projects on time and within budget.Projectal is used by top creative businesses worldwide, including advertising agencies, animation companies, event and entertainment firms, game developers, sound studios, VFX studios, and virtual production teams. Projectal integrates seamlessly with tools like Shotgrid, ftrack, Kitsu, HR tools, and finance tools. Comprehensive developer APIs and documentation are available to connect and extend Projectal, fitting perfectly into any studios workflow.https://projectal.comBrought to you by Projectal:This article is part of the befores & afters VFX Insight series. If youd like to promote your VFX/animation/CG tech or service, you can find out more about the VFX Insight series here.The post Riding the Rollercoaster: How Scenario Planning Keeps Creative Businesses on Track appeared first on befores & afters.
0 Reacties
·0 aandelen
·50 Views