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Scenario planning aids in making predictions for possible future scenarios by allowing organizations to explore and prepare for several possible future developments. It involves creating a map or matrix that balances different strategic dimensions, including potential threats and growth factors. This process includes detailing as many aspects as possible to evaluate the likelihood of success or failure of various strategic alternatives. The idea behind this approach is that the farther we look into the future, the higher the number of probable developments. Therefore, scenario planning helps in preparing for many possible future scenarios rather than just one.
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Use this slide to create a scenario planning map. This map can consist of different parts with the purpose to illustrate and balance different strategic dimensions in a realtable way. Utilize Scenario Planning Matrix to develop an agile response strategy. Include as many details as possible to evaluate the likelihood of the success or failure of various strategic alternatives. The idea behind "funnel model" is that the farther we look from today's viewpoint into the future, the higher is the number of probable developments. Use this slide to make predictions for many possible future scenarios rather than just one.
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Calculate and document every action to gain a competitive advantage and react confidently to any type of situation. Use our Scenario Planning presenta...
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