How does Scenario Planning align with digital transformation initiatives?

Scenario Planning aligns with digital transformation initiatives by providing a structured method for visualizing possible future situations, thus enabling organizations to be better prepared and more resilient. It allows organizations to explore and prepare for different digital transformation paths, considering various factors such as technology trends, market changes, and internal capabilities. This can help in making informed decisions, managing risks, and leveraging opportunities associated with digital transformation.

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What is the issue that we are evaluating? How far into the future are we looking? What major external factors are likely to impact our probable scenarios? What major internal factors are likely to impact our probable scenarios What are the possible threats to the scenarios? Do we have the talent and skills, data, technology and equipment and other resources to build and keep up our scenario plans?

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Scenario Planning

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