Scenario Planning

The rapid – and largely unexpected – recent economic change have left many executives wondering about the best way to plan in such an unpredictable world. An increasing number are turning to scenario planning as they struggle to balance short-term survival imperatives with longer-term strategy for future changes.

Scenario Planning is not so much about “predicting” the future as it is about anticipating and planning for “possibilities.” Once several alternative possibilities have been identified, the planning challenge turns to developing capabilities that will allow the organization to be successful in several potential scenarios.

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