Why Consider Scenario Planning?
Scenario Planning Datasheet
SCENARIO PLANNING is a technique for visualizing different plausible futures. The outcome of the scenario planning process is a portfolio of future scenarios, each representing a different way your business landscape could look in a few years.
This landscape also includes the players who inhabit it-your
- employees and
- other stakeholders
The scenarios will naturally differ from each other in some key aspects, probably even dramatically so, but if you do the process properly, each one should be realistic and entirely possible.
Based on these different scenarios, you and your planning team can formulate more flexible strategies that ensure your organization has the agility to compete in whichever future does in fact come to pass.
The key benefit of the process is therefore not that it reveals what will happen in a few years' time.
Alas, the unknown will remain unknown.
Rather, what scenario planning does do is open your eyes to different ways the future might realistically develop, and with these insights, you’re more likely to make more flexible, more thoughtful, and better decisions today.