Glen Justis, Experience on Demand
10 July 2014, 11am EDT
Register Now – free registration
Business Forecasting and Simulation using @RISK & The DecisionTools Suite is a three-part series covering leading practices in the use of Monte Carlo-based models and simulations to improve business decisions, forecasting, and risk management.
This first installment of the series will explore the basics of Monte Carlo analysis, with particular emphasis on why, in many cases, it is necessary to apply simulation-based methods to produce correct business analysis results. The relative roles of sensitivity analysis and scenario analysis will also be addressed. These concepts will be covered in manner that highlights how @RISK and other components of the Palisade DecisionTools Suite work with Microsoft Excel.
The 2nd webcast (August 14th) will cover leading practices in applying @RISK in enterprise risk management, including treatment of operational risks, use of risk registers, and applications for project risk management, including Microsoft Project-related features.
The 3rd webcast (September 18th) will feature a case study of an actual company in a selected industry (TBD), where business simulation and risk analysis using the power of @RISK is showcased in a commercial setting.
Presenter: P. Glen Justis
Glen Justis is a partner at Experience on Demand, a broad-based business consulting firm based in St. Louis, Missouri. Over his twenty-eight year career in consulting and industry, Glen has established an outstanding reputation for assisting clients with issues where strategy, economics, and risk management intersect. He has conducted and/or overseen over one hundred individual client projects, encompassing private, publicly-traded, governmental, not-for-profit, and cooperative entities.
Mr. Justis previously served as a Director in the Governance, Risk, and Regulatory Strategies practice of Deloitte & Touche LLP. His work at Deloitte focused on capital investment decisions, business intelligence, risk management strategy and analytics, and corporate development. Prior to joining Deloitte, he led multiple practice areas at R. W. Beck, Inc. connected with commodity markets and risk management where he successfully served utilities, energy companies, industrials, and financial institutions directly and through supervision of consulting teams.
He holds an MBA with honors and a Bachelor of Science in Nuclear Engineering, and has completed executive education programs through The Wharton School and the American Association of Collegiate Schools of Business Bridge Program. Mr. Justis is a member of the adjunct faculty at Webster University in St. Louis, delivering courses relating to strategy, finance, operations, and project management.