Scenario planning strategies can vary across different industries. However, some common strategies include:
1. Trend Analysis: This involves identifying and analyzing trends that could impact the industry in the future.
2. PESTEL Analysis: This involves analyzing Political, Economic, Social, Technological, Environmental, and Legal factors that could affect the industry.
3. SWOT Analysis: This involves identifying Strengths, Weaknesses, Opportunities, and Threats in the industry.
4. Delphi Technique: This involves gathering expert opinions and using them to predict future scenarios.
5. Simulation Models: This involves creating computer models to simulate different scenarios and their potential outcomes.
6. Cross-Impact Analysis: This involves analyzing how different events could impact each other and the industry as a whole.
Remember, the choice of strategy depends on the specific industry and the nature of the business.
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